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1124 Cordova St 6 Unit Apartment Building $2,195,000 ($365,833/Unit) 4.23% Cap Rate Pasadena, CA 91106


Property Facts
| Price | $2,195,000 | Building Class | C |
| Price Per Unit | $365,833 | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 4,407 SF |
| Cap Rate | 4.23% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1898 |
| Property Subtype | Apartment | Parking Ratio | 1.36/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R3, Pasadena | ||
| Price | $2,195,000 |
| Price Per Unit | $365,833 |
| Sale Type | Investment |
| Cap Rate | 4.23% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 4,407 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1898 |
| Parking Ratio | 1.36/1,000 SF |
| Zoning | R3, Pasadena |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Very walkable
80/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 5735-016-006 | Improvements Assessment | $731,165 |
| Land Assessment | $1,706,059 | Total Assessment | $2,437,224 |
Property Taxes
Parcel Number
5735-016-006
Land Assessment
$1,706,059
Improvements Assessment
$731,165
Total Assessment
$2,437,224
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