ABOUT THE ASSET

SUMMARY

PROPERTY DESCRIPTION

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Western Apartments is a well-located, non-rent controlled property in the highly sought-after city of Sierra Madre. There are 3 buildings: one story in front containing 2 units, slab foundation and a slightly pitched, rolled, composition, shingled roof. There is a one-story house in the middle with a raised foundation and pitched, composition, shingled roof. The two-story building in the rear is 4 units with slab foundation and a slightly pitched, rolled composition, shingled roof. There are 9 total parking spaces: 2 car garage (for house); 4 detached carports and 3 open spaces. There is no laundry room.

PRICE

PRICE/UNIT

PRICE/SF

GRM

CAP

UNITS

YEAR BUILT

GROSS SF

LOT SF

APN

$2,350,000

$335,714

$406.79

14.01

4.66%

6 + SFR

1940 (SFR) / 1960 (Units)

5,777

14,220

5768-017-006