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1157-1165 N Lake Ave 4 Unit Apartment Building $2,800,000 ($700,000/Unit) Pasadena, CA 91104
INVESTMENT HIGHLIGHTS
- 3 units are tenant occupied; 1 unit is owner occupied and it will be delivered vacant. Seller will carry financing with proper terms.
EXECUTIVE SUMMARY
Seller will carry financing with property terms. Zoned PSC.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $2,800,000 | Building Class | C |
| Price Per Unit | $700,000 | Lot Size | 0.49 AC |
| Sale Type | Investment | Building Size | 4,608 SF |
| No. Units | 4 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1922 |
| Apartment Style | Low-Rise | Parking Ratio | 0.87/1,000 SF |
| Zoning | PSC- - Commerical | ||
| Price | $2,800,000 |
| Price Per Unit | $700,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 4,608 SF |
| Average Occupancy | 75% |
| No. Stories | 1 |
| Year Built | 1922 |
| Parking Ratio | 0.87/1,000 SF |
| Zoning | PSC- - Commerical |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Gas Range
- Storage Space
- Online Services
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | 1,152 |
Walk Score®
Walker's Paradise (90)
1 of 38
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1157-1165 N Lake Ave
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