617 Prospect Ave | South Pasadena, CA 91030
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- LoopNet Team
617 Prospect Ave
South Pasadena, CA 91030
Multifamily Property For Sale
·
20 Units
Investment Highlights
- High occupancy
- On-site parking & laundry
- First time offered for sale since built in 1963!
- Large units
- Excellent location in South Pasadena
- Significant upside potential.
Property Facts
| No. Units | 20 | Building Size | 21,664 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1963/2010 |
| Building Class | B | Parking Ratio | 1.11/1,000 SF |
| Lot Size | 0.53 AC | ||
| Zoning | SPR310000* | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.53 AC |
| Building Size | 21,664 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2010 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | SPR310000* |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Tub/Shower
- Vinyl Flooring
Site Amenities
- Laundry Facilities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $2,100 | 850 |
| 1+1.5 | 2 | $2,150 | 850 |
| 3+2 | 1 | $3,500 | 1,514 |
| 2+1.5 | 16 | $2,800 | 1,100 |
Property Taxes
| Parcel Number | 5315-016-031 | Improvements Assessment | $4,794,000 |
| Land Assessment | $2,040,000 | Total Assessment | $6,834,000 |
Property Taxes
Parcel Number
5315-016-031
Land Assessment
$2,040,000
Improvements Assessment
$4,794,000
Total Assessment
$6,834,000
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