ABOUT THE ASSET

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$3,850,000

$350,000

$648.15

13.26

5.17%

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11

1923

5,940

14,038

5327-002-009

SUMMARY

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Price: 

Price/Unit:

Price/SF

Market GRM

Market Cap Rate

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Units

Year Built

Building SF

Lot SF

APN

PROPERTY DESCRIPTION

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Listed in the National Register of Historic places, this unique acquisition opportunity is comprised of 11 bungalow-style apartments in arguably one of the best rental neighborhoods in Pasadena. Located at 937 E. California Boulevard, the subject is located within a few blocks of the world renowned California Institute of Technology.

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Subject property to be delivered vacant. Buyer to make their own assumptions and conclusions as to estimated cost for repairs, maintenance, upgrades, rehab costs.

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**Please do not go on property. Tenants do not know it is for sale.

PROPERTY HIGHLIGHTS

• 11 Bungalow-Style Apartments

• Blocks From World Renowned California Institute of Technology

• Subject property to be delivered vacant