Listed by Century 21 Ludecke Inc
$2,990,000
92 N Allen Avenue
Details
APN 5746017163
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,971
Units 12
Cap Rate 4.82%
NOI $144,237
Occupancy 100%
Rent Bumps No
Price per SqFt $501
Buildings 4
Stories 2
Acreage 0.365
Zoning Appraiser
Parking Spaces spaces
Investment Type Redevelopment
Opportunity for redevelopment to new condo.
Marketing description
Please Not Disturb Tenants, Drive By Only ! This fully occupied 6 units 4 Building income property in the heart of Pasadena, Situated within walking distance to Pasadena City College and near by Caltech. Unit #92 - 6 Bedrooms 2 Bathrooms 2,073 Sq Ft, Unit #94 - 1 & 2 & 3 - each unit 2 Bedrooms 1 Bathroom 780Sq Ft, Unit #98 - 1 Bedroom 1 Bathroom 528 Sq Ft, Unit #100 - 3 Bedrooms 2 Bathrooms 1,300 Sq Ft, This Property Zone RM32, Offer significant development potential 9 - 11 units Condo Project in one of the most desirable and transit- accessible neighborhoods in the City. This asset allows you to collect income immediately while submitting plans for new construction. That's Unique Investment Opportunity ! ! !
Investment highlights
This Property Zone RM32, Offer significant development potential 9 - 11 units Condo Project.
Listing Contacts
Listed by Century 21 Ludecke Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$144,237.00
$12,019.75/mo
Valuation Metrics
0
DSCR
4.82%
Cap Rate
4.82%
ROI
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