ABOUT THE ASSET

SUMMARY

PROPERTY DESCRIPTION

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“Wisteria Apartments” is a well-maintained, non-rent controlled 16-unit apartment building located in the highly sought-after city of Sierra Madre.

The building is a 2-story walk-up building over tuck-under parking with a pitched composition shingle roof. There is an on-site, common area, laundry room with 2 washers + 2 dryers on lease from WASH.

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There are 21 covered, tuck-under, parking spaces: 11 single tuck-under spaces and 5 tandem tuck-under spaces (10 spots).

PRICE

PRICE/UNIT

PRICE/SF

GRM

CAP

UNITS

YEAR BUILT

GROSS SF

LOT SF

APN

$4,675,000

$292,188

$426.40

14.77

3.89%

16

1955

10,964

21,594

5768-021-018