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381 Waldo Ave
Pasadena, CA 91101
8 Units in Pasadena South of Colorado Blvd! · Multifamily Property For Sale · 8 Units

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.32 AC
Building Size 8,132 SF
Average Occupancy 87%
No. Stories 2
Year Built/Renovated 1955/1985
Parking Ratio 1.97/1,000 SF
Zoning PSR3

About 381 WALDO AVE , PASADENA, CA 91101

SELLER HAS IDENTIFIED UPLEG PROPERTY! PRICED TO SELL! We are pleased to present for sale this 8 unit apartment building that offers an investor a rare opportunity to acquire a high quality property located South of Colorado Blvd. The building is approximately 8,132 square feet and features a unit mix of: Two 3 Bedroom 2.5 Bath Townhome style units; Four 2 Bedroom 2 Bath units; Two 1 Bedroom 1 Bath units. Two of the eight units have been completely updated with new kitchens, bathrooms, flooring,lighting and appliances. The building was originally built as six units and then in 1985 it underwent a major, permitted addition that added two more units, increased the overall square footage and completely updated the original six units to specifications of 1985 including central A/C systems. With a lot size over 14,000 square feet there are carports as well as enclosed garages with an extensive outdoor, rooftop deck above them used for outdoor enjoyment. A premium location being less than a half mile from the Del Mar Gold Line Station & more!

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 $1,728 675
2+2 4 $2,224 975
3+2 2 $3,266 1,464 - 1,682

Property Taxes

Property Taxes

Parcel Number
5722-022-027
Land Assessment
$2,273,106
Improvements Assessment
$1,515,404
Total Assessment
$3,788,510
  • Listing ID: 19140541

  • Date on Market: 4/7/2020

  • Last Updated:

  • Address: 381 Waldo Ave, Pasadena, CA 91101

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