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Map
$2,827,204*
●
Multifamily -
Off Market
334 Pasadena Avenue
South Pasadena, CA 91030
Studio
0 Bath
$1,746,000 - $2,134,000
Reference Base Price*
45.73%
Since Nov 1, 2019
CA-Los Angeles
Primary Model
About This Property
Five units in prime South Pasadena location! 334 Pasadena Avenue is
comprised of one 2BD/1BA unit and four 1BD/1BA units, all
separately metered for electric and water. The property currently
operates at a 24.29 GRM and 2% cap rate and boasts a 70% upside in
rents and chance to add additional income from laundry room,
storage and parking allowing the building to operate at a GRM of
13.85 and pro forma cap rate of 4.9%. Built in 1961, the property
has been well maintained with no deferred maintenance. Great
location! Walking distance to Metro stop, close to Arroyo Vista
Elementary School and Arroyo Seco Raquet Club. Please email for
complete offering package.
Unit Size
-
Days on Market
-
Land Size
8,031.00 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1961
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2019 | No longer available | - | |
| No longer available | |||
| Oct 1, 2019 | Sold to Jonathan David Wong, Kennet... | $1,910,000 | |
| Sold to Jonathan David Wong, Kennet... | |||
| Jul 15, 2019 | Listed | $1,940,000 | |
| Listed | |||
Property Highlights
334 Pasadena Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
07/15/2019
|
|
Studio
|
-
|
-
|
$1,940,000
Studio
-
|
-
-
|
-
|
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Building Info
