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159 N Sierra Bonita Ave
Pasadena, CA 91106
100% Vacant TURNKEY FULLY UPGRADED, 4.8% CAP · Multifamily Property For Sale
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5 Units
Investment Highlights
- • Close to 5% CAP Rate, Extremely Rare HIGH CAP Rate offering in this location.
- • Excellent CASH Flow and/or Cash-on-Cash return with real estate advantage (appreciation + tax depreciation)
- • Unbeatable location across from Pasadena City College!
- • 100% VACANT and Fully Upgraded in Class A Location in Pasadena
- • NO Costly Tenant Relocation Fee needed. Bypass Pasadena Rent Control Measure.
- • ALMOST brand-new building with complete upgrade; NO Known Deferred Maintenance
Property Facts
| No. Units | 5 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 3,248 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1954 |
| Building Class | C | Parking Ratio | 1.85/1,000 SF |
| Zoning | PSR3 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 3,248 SF |
| No. Stories | 1 |
| Year Built | 1954 |
| Parking Ratio | 1.85/1,000 SF |
| Zoning | PSR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+2 | 2 | - | - |
Property Taxes
| Parcel Number | 5737-006-021 | Improvements Assessment | $1,468,800 |
| Land Assessment | $979,200 | Total Assessment | $2,448,000 |
Property Taxes
Parcel Number
5737-006-021
Land Assessment
$979,200
Improvements Assessment
$1,468,800
Total Assessment
$2,448,000
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