ABOUT THE ASSET

PROPERTY DESCRIPTION

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The Santa Rosa Apartments is a 10-unit apartment building located on Santa Rosa Avenue in Altadena. The units are an ideal mix of 2 - 1 bed/1 bath units & 8 - 2 bed/1 bath units. The subject property has not been on the market in 41 years and is located on "Christmas Tree Lane". 

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*The driveway is a dedicated Public Alley, owned by the county, and provides access to the parking.

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*This property is subject to unincorporated Los Angeles Rent restriction of 3% per year.

SUMMARY

PRICE

PRICE/UNIT

PRICE/SF

GRM

CAP

UNITS

YEAR BUILT

GROSS SF

LOT SF

APN

$3,125,000

$312,500

$361.52

13.48

4.88%

10

1948 &1953

8,644

20,895

5839-025-003