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Listed by Handoko Chen, DRE #01749321 • Growth Investment Group Pasade
$ 2,100,000
Est. payment /mo
Price Dropped by $80K
63 S Daisy Pasadena, CA 91107
9,508 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR26120225
Style Craftsman
Year Built 1960
Lot Size 9,508 Sqft
Source California Regional MLS
Property Description
Pride-of-Ownership 7-Unit Multifamily in Lamanda Park Area, Beautifully Maintained Apartment in an Excellent Location, Excellent Demographics (±$172k) - Walkscore 90, New Roofs, New Exterior Paint, and Other Recent Capital Improvements, Mature SFR Neighborhood, First Time for Sale Since 2009, Clear ADUs Upside. 63-67 S Daisy Ave, a pride-of-ownership 7-unit multifamily gem in Pasadena's Lamanda Park neighborhood. This property represents a rare "Value-Add" play in a Class-A location, offering an actual over 5% CAP rate with significant potential for further appreciation through rental increases, ADU development and long-term improvements. This garden-style asset sits in an A-location, in a mature and quiet single family residential neighborhood - adjacent to newer built condominiums, yet only minutes to central Pasadena via Colorado Blvd. With a Walk Score of 90, Fantastic Demographics of $172k in a-mile radius, and proven appeal to high-caliber tenants (including international PCC students and Caltech professionals), it delivers effortless leasing and superior retention - most units rent to young pros seeking walkable luxury. Built in 1960, the 4055 SF property sits on a 9496 SF lot boasts pride of ownership Single Family Residential feel and has been meticulously maintain
Location
State CA
County Los Angeles
Area 648 - Pasadena (Se)
Rooms
Kitchen Oven Range - Gas
Interior
Heating Wall Furnace , Central Forced Air
Cooling Window / Wall Unit
Flooring Laminate
Laundry Gas Hookup, 30, Washer, Dryer
Exterior
Parking Features Assigned Spaces, Carport , Garage
Garage Spaces 8.0
Pool 31, None
View None
Roof Type Shingle
Building
Lot Description Grade - Level
Water Hot Water, District - Public
Architectural Style Craftsman
Others
Tax ID 5748013015
Special Listing Condition Not Applicable
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