1400 N Garfield Ave | Pasadena, CA 91104
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- LoopNet Team
1400 N Garfield Ave
Pasadena, CA 91104
5,570 SF 4Plex on 10,881 SF Lot @ 12.77 GRM · Multifamily Property For Sale
·
4 Units
Investment Highlights
- 10,881 SF lot with privacy & functionality, and offers an ADU opportunity (buyer to verify), giving future ownership a path to added cash flow.
- In the rear, two matching 3-bdrm & 2-bath units, with the upper unit featuring a private deck and the lower unit opening to a full-length patio.
- Extensive upgrades including new roofs, copper plumbing, complete exterior paint, landscaping, earthquake retrofit, and resurfaced driveway.
- The front building includes a 2-bdrm, 2-bath & loft unit(1,500 SF), and a 4-bdrm & 2.5-bath unit of (1,677 SF), each with fireplaces & french doors.
- Amenities include a 1-car garage with in-unit laundry for the front units, parking between the 2 buildings, covered parking, and community laundry.
- Pasadena’s consistent rental demand, paired with the property’s scale and lot size, makes 1400 N. Garfield a opportunity for investors and owner-users
Property Facts
| No. Units | 4 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1932 |
| Lot Size | 0.25 AC | Parking Ratio | 1.08/1,000 SF |
| Building Size | 5,570 SF | ||
| Zoning | PSR3 - Multiple Dwelling | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.25 AC |
| Building Size | 5,570 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1932 |
| Parking Ratio | 1.08/1,000 SF |
| Zoning | PSR3 - Multiple Dwelling |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 1 | $2,645 | - |
| 3+2 | 2 | $2,759 | - |
| 2+2 | 1 | $2,116 | - |
Property Taxes
| Parcel Number | 5838-014-005 | Improvements Assessment | $417,691 |
| Land Assessment | $672,515 | Total Assessment | $1,090,206 |
Property Taxes
Parcel Number
5838-014-005
Land Assessment
$672,515
Improvements Assessment
$417,691
Total Assessment
$1,090,206
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