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31130657
31130658

755 E Pine St, Altadena, CA 91001 For Sale

FN
CA 01905352
Marcus & Millichap - Encino
GS
CA 01962976
Marcus & Millichap - Encino
Listed by Marcus & Millichap - Encino
$5,595,000
124 days on market
Updated 12 days ago

755 E Pine St

Details
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 13,682
Units 19
Cap Rate 5.76%
NOI $322,419
Pro-Forma Cap Rate 5.94%
Pro-Forma NOI $332,205
Price per SqFt $409
Year Built 1958
Acreage 0.510

19 Units | Value Add |  Altadena

Investment highlights

  • Built in 1958

  • Strong Value Add Opportunity

  • Pool, Parking & Laundry

  • Large 22,215 SF Lot

  • 10 Units Currently Vacant

  • High Resource/DDA

Listing Contacts

FN
CA 01905352
Marcus & Millichap - Encino
GS
CA 01962976
Marcus & Millichap - Encino
Listed by Marcus & Millichap - Encino

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$322,419.00
$26,868.25/mo

Valuation Metrics

0
DSCR
5.76%
Cap Rate
5.76%
ROI

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