This Multifamily Property is no longer advertised on LoopNet.com.

1299 E Green St
Pasadena, CA 91106
Mixed-Use · Multifamily Property For Sale · 91 Units

Investment Highlights

  • Prime Location: Walking distance to Caltech, Pasadena City College, and vibrant Old Town Pasadena.
  • Attractive Financing Options: Buyer can assume existing loan at a favorable 3.67% interest rate; seller open to carrying back.
  • Affordable Housing Appeal: Perfect fit for tenants seeking quality, affordable options in a high-demand area.
  • Excellent Investment Opportunity: With potential for rent increases and long-term growth.
  • Strong Rental Demand: High occupancy area with consistent student and professional tenant base.
  • Efficient, Compact Units: Thoughtfully designed units with full kitchens, bathrooms, and living space – ideal for students and young professionals.

Property Facts

No. Units 91
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Dormitory
Apartment Style Mid-Rise
Building Class B
Lot Size 0.59 AC
Building Size 62,683 SF
Average Occupancy 92%
No. Stories 4
Year Built 2009
Parking Ratio 0.14/1,000 SF
Zoning PSC - Pasadena Service Commercial

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Disposal
  • Microwave
  • Heating
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Smoke Free
  • Wheelchair Accessible (Rooms)

Site Amenities

  • Fitness Center
  • Laundry Facilities
  • Pool
  • Spa
  • Gated
  • Furnished Units Available
  • Gameroom
  • Media Center/Movie Theatre
  • Pet Play Area

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 91 - 250

Property Taxes

Property Taxes

Parcel Number
5735-001-032
Land Assessment
$3,066,879
Improvements Assessment
$3,031,419
Total Assessment
$6,098,298
  • Listing ID: 31383583

  • Date on Market: 4/1/2024

  • Last Updated:

  • Address: 1299 E Green St, Pasadena, CA 91106

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