Listed by KW Commercial Pasadena
$5,495,000
1517-1519 Acacia
Details
APN 5343008030
Property Type Multifamily
Sub Type Apartment Building
Square Footage 13,777
Net Rentable (SqFt) 13,777
Units 16
Cap Rate 5.3%
NOI $291,449
Occupancy 87.5%
Pro-Forma Cap Rate 6.15%
Pro-Forma NOI $337,728
Price per SqFt $399
Broker Co-Op Yes
Class A
Year Built 1974
Year Renovated 2026
Buildings 1
Stories 2
Lot Size (SqFt) 12,330
Investment Type Stabilized
Multifamily | 16 Units | $343,438/unit
Marketing description
KingSide Investment Group of Keller Williams Pasedena is proud to offer a tremendous investment opportunity - an 16 unit multifamily asset located in Alhambra
The building has a strong mix of 75% two-bedroom, and 25% one bedroom units. 2 of the Units Are Brand New ADUs. These units are also completely sub-metered for gas and electrical. There is an opportunity to implement RUBs for the water and common area expenses to further increase cashflow. The expense profile of the property is extremely low, and will allow for strong cash flow immediately.
Investment highlights
2 Brand New Vacant ADUs for New Owner to Capitalize on
Strong Cash Flow from Day 1
Below Average Expense Profile
Solid Retal Market Allowing for Above Average Appreciation
Large Parking Lot
Listing Contacts
Listed by KW Commercial Pasadena
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$291,449.00
$24,287.42/mo
Valuation Metrics
0
DSCR
5.3%
Cap Rate
5.3%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
