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

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". 

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

*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