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Executive Summary
A well-located seven-unit multifamily asset in Pasadena offering strong in-place occupancy and immediate cash flow. The property features an attractive unit mix with upside potential through rental increases, supported by below-market rents and continued demand in the submarket. Convenient access to major freeways, employment hubs, and Downtown Los Angeles further enhances its long-term investment appeal.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,995,000 | Property Type | Multifamily |
| Price Per Unit | $285,000 | Building Size | 4,510 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 7 | Year Built | 1954 |
| Price | $1,995,000 |
| Price Per Unit | $285,000 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Building Size | 4,510 SF |
| No. Stories | 2 |
| Year Built | 1954 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 3+2 | 1 | - | - |
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
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59 S Sierra Madre Blvd
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