Listed by COMPASS
$1,750,000
1500 Navarro Avenue
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,752
Units 6
Cap Rate 4.90%
NOI $113,544
Occupancy 100%
Tenancy Multi
Year Built 1950
Buildings 1
Acreage 0.340
Parking Spaces 6 spaces
Parking per 1,000 SqFt 1.60
Investment Type Stabilized
Multifamily | 4.90% CAP | 6 Units
Marketing description
1500 Navarro Avenue offers investors the opportunity to acquire a stabilized, income-producing multifamily property in a prime Pasadena location. With long-term government-backed tenants and strong in-place income, this asset provides predictable cash flow and long-term appreciation potential.
Investment highlights
- 6-Unit Multifamily Apartment Building
- 6x 1 Bed / 1 Bath, 616 SF each
- $1,750,000 Asking Price
- 3,752 SF Building 15,008 Sf Lot
- 100% Occupancy
- Built in 1950
- Located in North Central Neighborhood, minutes from the Rose Bowl
Listing Contacts
Listed by COMPASS
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$113,544.00
$9,462.00/mo
Valuation Metrics
0
DSCR
6.49%
Cap Rate
6.49%
ROI
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