Request Offering Memorandum

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2055 Santa Rosa Avenue

Altadena, CA. 91001

SANTA ROSA APARTMENTS

First Time on The Market in 41 Years

Call us! 626.204.3300

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

First Time on Market in 41 Years

© 2016 Bridge Investment Group of KW Commercial

251 S. Lake Avenue, Suite 320

Pasadena, CA 91101

DRE #01444805