714 Prospect Ave | South Pasadena, CA 91030
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
714 Prospect Ave
South Pasadena, CA 91030
10u Value add in South Pasadena, Class A Loc. · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- EXCEPTIONAL LOCATION: right off Mission Street Downtown District; walking distance to almost ALL amenities in the City of South Pasadena (shopping &
- South Pasadena School District; NO LOCAL Rent Control (AB1482 Statewide) | Good rental upside potential, and No On-site manager is required
- Excellent unit mix with large 2-bedroom and 1-bedroom units | Pride-of-Ownership, very well-maintained property with an excellent curb appeal
- Long-time owner for more than 30 years | SUPERB demographics: Average household income ±$140,474 within a mile radius
- South Pasadena Downtown District, Minutes away from Old Town Pasadena and Rose Bowl | HIGH walk score of 89 out of 100 (“Very Walkable”)
- Many recent capital improvements: new roof, copper plumbing, 4 new central A/C system, 8 units have been renovated and upgraded with dishwashers
PROPERTY FACTS
| No. Units | 10 | Building Size | 9,704 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1963/2020 |
| Building Class | C | Parking Ratio | 1.55/1,000 SF |
| Lot Size | 0.28 AC | ||
| Zoning | R2 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 9,704 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2020 |
| Parking Ratio | 1.55/1,000 SF |
| Zoning | R2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 10 | - | - |
PROPERTY TAXES
| Parcel Number | 5315-017-007 | Improvements Assessment | $2,777,868 |
| Land Assessment | $1,851,912 | Total Assessment | $4,629,780 |
PROPERTY TAXES
Parcel Number
5315-017-007
Land Assessment
$1,851,912
Improvements Assessment
$2,777,868
Total Assessment
$4,629,780
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
