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22322783
22322782

343 W Howard Street, Pasadena, CA 91103

VA
CA CA 00983815
KW Commercial Glendale
Listed by KW Commercial Glendale
$1,829,000
270 days on market
Updated 81 days ago

343 W Howard Street

Details
APN 5825021029
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,408
Net Rentable (SqFt) 3,408
Units 4
Cap Rate 4.3%
NOI $78,640
Price per SqFt $537
Broker Co-Op Yes
Class B
Year Built 1964
Buildings 1
Stories 1
Acreage 0.202
Zoning Assessor
Parking Spaces 4 per key

Modern Renovations | Exceptional Investment Opportunity

Marketing description

Turnkey Four-Unit Apartment in Prime Pasadena Location. Welcome to 343 W Howard St, a beautifully upgraded four-unit apartment building in one of Pasadenas most desirable neighborhoods. Built in 1964, this well-maintained, single-story property offers an excellent investment opportunity with fully renovated interiors, modern amenities, and strong rental potential. Spanning 3,408 square feet on an 8,802-square-foot lot, the building features four spacious two-bedroom, one-bathroom units, each approximately 850 square feet. Every unit has been fully upgraded, including: New flooring throughout Modern kitchens with shaker cabinets, quartz countertops, and stainless steel appliances Stylish remodeled bathrooms with new vanities and designer tile work In-unit laundry machines (owned by the seller) Updated ceiling lighting & individual water heaters The exterior has also received significant upgrades, including new paint, double-pane windows, copper plumbing in each unit, and a re-lined sewer pipe (buyer to verify). Parking is provided by a detached five-space carport, with one extra space available for rental income. Importantly, no soft-story retrofit is required. Situated less than a mile from Brookside Golf Course and just 1.3 miles from the iconic Rose Bowl Stadium, this property offers easy access to Old Town Pasadena, the Lake Avenue shopping district, The Paseo, museums, theaters, grocery stores, and a variety of top-tier restaurants and cafes. With its prime location, modern renovations, and income-producing potential, 343 W Howard St presents an exceptional investment o

Investment highlights

Turnkey Four-Unit Apartment in Prime Pasadena Location

Welcome to 343 W Howard St, a beautifully upgraded four-unit apartment building in one of Pasadena’s most desirable neighborhoods. Built in 1964, this well-maintained, single-story property offers an excellent investment opportunity with fully renovated interiors, modern amenities, and strong rental potential.

Spanning 3,408 square feet on an 8,802-square-foot lot, the building features four spacious two-bedroom, one-bathroom units, each approximately 850 square feet. Every unit has been fully upgraded, including:

  • New flooring throughout

  • Modern kitchens with shaker cabinets, quartz countertops, and stainless steel appliances

  • Stylish remodeled bathrooms with new vanities and designer tile work

  • In-unit laundry machines (owned by the seller)

  • Updated ceiling lighting & individual water heaters

The exterior has also received significant upgrades, including new paint, double-pane windows, copper plumbing in each unit, and a re-lined sewer pipe (buyer to verify). Parking is provided by a detached five-space carport, with one extra space available for rental income. Importantly, no soft-story retrofit is required.

Situated less than a mile from Brookside Golf Course and just 1.3 miles from the iconic Rose Bowl Stadium, this property offers easy access to Old Town Pasadena, the Lake Avenue shopping district, The Paseo, museums, theaters, grocery stores, and a variety of top-tier restaurants and cafes.

With its prime location, modern renovations, and income-producing potential, 343 W Howard St presents an exceptional investment opportunity in the heart of Pasadena.

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Listing Contacts

VA
CA CA 00983815
KW Commercial Glendale
Listed by KW Commercial Glendale

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$78,640.00
$6,553.33/mo

Valuation Metrics

0
DSCR
4.3%
Cap Rate
4.3%
ROI

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Additional Information

Name
Vartan Ambarian
License
CA 00983815
Brokerage
Keller Williams Realty
Title
Broker/associate
Brokerage Address
889 Americana Way
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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