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This Multifamily Property is no longer advertised on LoopNet.com.
60 El Nido Ave
Pasadena, CA 91107
5% CAP south of 210FWY and Colorado Blvd · Multifamily Property For Sale
·
14 Units

Investment Highlights
- Excellent location South of 210 FWY and South of Colorado Blvd in core Pasadena; Arcadia Adjacent location
- Highly desirable garden style layout! 6 out of 12 units (50%) have been completely upgraded with high-end finishes.
- Good bones with future potential of higher rents or future development potential
- Excellent demographics with ±$159,000 AHH Income (1-mile radius)
- Combination of Four single-story Duplexes, and a two-story fourplex; No shared wall between 8 units in the four duplexes
- Attractive CAP Rate (with to-be-built ADUs included) for the location quality and asset quality
Property Facts
| No. Units | 14 | Building Size | 6,746 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1946 |
| Building Class | C | Parking Ratio | 1.78/1,000 SF |
| Lot Size | 0.45 AC | ||
| Zoning | R3 | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 6,746 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1946 |
| Parking Ratio | 1.78/1,000 SF |
| Zoning | R3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 600 |
| 1+1 | 10 | - | 500 - 900 |
Links
Property Taxes
| Parcel Number | 5754-006-018 | Improvements Assessment | $2,090,579 |
| Land Assessment | $1,379,570 | Total Assessment | $3,470,149 |
Property Taxes
Parcel Number
5754-006-018
Land Assessment
$1,379,570
Improvements Assessment
$2,090,579
Total Assessment
$3,470,149
Listing ID: 31578011
Date on Market: 4/22/2024
Last Updated:
Address: 60 El Nido Ave, Pasadena, CA 91107
The Lamanda Park Multifamily Property at 60 El Nido Ave, Pasadena, CA 91107 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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