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Listed by Bill Toth, DRE #01023622 • First Class Real Estate
$ 2,500,000
Est. payment /mo
Contingent
1222 E Orange GRV Pasadena, CA 91104
0.35 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRSR26212134
Year Built 1965
Lot Size 0.351 Acres
Source California Regional MLS
Property Description
Excellent multifamily investment opportunity featuring a 14-unit apartment building in Pasadena. Offering long-term upside, this property presents an attractive opportunity for investors looking to expand their Southern California portfolio. One unit will be delivered vacant at closing, providing the new owner with the opportunity to renovate, reposition, or lease the unit at current market rent, subject to applicable regulations. The remaining units provide an established rental income stream from day one. Conveniently located near shopping, dining, transportation, and the many amenities Pasadena has to offer, the property benefits from its desirable location and access to major employment and entertainment centers throughout the San Gabriel Valley and greater Los Angeles area. With 14 units, existing rental income, and one unit delivered vacant, this property offers a compelling combination of immediate cash flow and future value-add potential for a multifamily investor.
Location
State CA
County Los Angeles
Area 646 - Pasadena (Ne)
Interior
Laundry Community Facility
Exterior
Garage Spaces 16.0
Pool 31, None
View Local/Neighborhood
Building
Story One Story
Water District - Public
Others
Tax ID 5739011025
Special Listing Condition Not Applicable , Accepting Backups
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