982 N Los Robles Avenue Pasadena, CA 91104

Amazing Multifamily 4 Unit Opportunity located in Pasadena, Ca. This is perfect for an Investor, 1031 Exchange, or a Owner-User. Imagine Living in One Unit and Collecting Rent on the other 3 Units. Depending on your situation, you may be able to cover your whole mortgage just from the rent collected! Proforma Rents are $2,500 Per Unit Per Month allowing a Landlord to collect over $120,000 a year in Annual Gross Income. All Tenants are on a month to month lease. This is perfect building to hedge against inflation and allow a Landlord a lot of upside in rents. Once the building rents are stabilized, you will have a 6% Cap. This is almost impossible to find in Pasadena 982 N Los Robles is one of the best priced buildings in Pasadena and has four large 2 Bedroom 1 Bath Units. Each unit has around +/-1156 square feet of space, a private laundry room and single car garage. The building sits on a large 7750 square foot lot and is conveniently located near the Rose Bowl, Jet Propulsion Laboratory, Old Town Pasadena, Art Center, Pasadena City College, Cal Tech, and Huntington Memorial Hospital. It also just minutes to the 110, 134 and 210 Freeways. This is one of the lowest price buildings in Pasadena at $345 per square foot. Enjoy the views of the Foothill and amazing amenities Pasadena has to offer. Don't miss your opportunity to purchase one of the best priced 4 Unit Apartment building in Pasadena. This will not last long!
Amazing Multifamily 4 Unit Opportunity located in Pasadena, Ca. This is perfect for an Investor, 1031 Exchange, or a Owner-User. Imagine Living in One Unit and Collecting Rent on the other 3 Units. Depending on your situation, you may be able to cover your whole mortgage just from the rent collected! Proforma Rents are $2,500 Per Unit Per Month allowing a Landlord to collect over $120,000 a year in Annual Gross Income. All Tenants are on a month to month lease. This is perfect building to hedge against inflation and allow a Landlord a lot of upside in rents. Once the building rents are stabilized, you will have a 6% Cap. This is almost impossible to find in Pasadena 982 N Los Robles is one of the best priced buildings in Pasadena and has four large 2 Bedroom 1 Bath Units. Each unit has around +/-1156 square feet of space, a private laundry room and single car garage. The building sits on a large 7750 square foot lot and is conveniently located near the Rose Bowl, Jet Propulsion Laboratory, Old Town Pasadena, Art Center, Pasadena City College, Cal Tech, and Huntington Memorial Hospital. It also just minutes to the 110, 134 and 210 Freeways. This is one of the lowest price buildings in Pasadena at $345 per square foot. Enjoy the views of the Foothill and amazing amenities Pasadena has to offer. Don't miss your opportunity to purchase one of the best priced 4 Unit Apartment building in Pasadena. This will not last long!