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276 S Sierra Madre Blvd
Pasadena, CA 91107
Multifamily Property For Sale
·
22 Units
Investment Highlights
- TURN-KEY PROPERTY
- EASY TO RENT UNITS
- MAJOR CAPITAL IMPROVEMENTS
- STRONG RENTAL LOCATION
Property Facts
| Price Per Unit | $253,864 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.35 AC |
| Cap Rate | 5.91% | Building Size | 8,820 SF |
| Gross Rent Multiplier | 11.44 | Average Occupancy | 97% |
| No. Units | 22 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1956/2019 |
| Property Subtype | Apartment | Parking Ratio | 1.47/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LCR4YY | ||
| Price Per Unit | $253,864 |
| Sale Type | Investment |
| Cap Rate | 5.91% |
| Gross Rent Multiplier | 11.44 |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 8,820 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built/Renovated | 1956/2019 |
| Parking Ratio | 1.47/1,000 SF |
| Zoning | LCR4YY |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Ceiling Fans
- Crown Molding
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Double Pane Windows
- Smoke Free
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Gated
- Walking/Biking Trails
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 18 | - | 370 |
| 1+1 | 4 | - | 520 |
Property Taxes
| Parcel Number | 5330-001-007 | Improvements Assessment | $980,685 |
| Land Assessment | $2,574,308 | Total Assessment | $3,554,993 |
Property Taxes
Parcel Number
5330-001-007
Land Assessment
$2,574,308
Improvements Assessment
$980,685
Total Assessment
$3,554,993
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