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$4,700,000
Est. payment /mo
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-24757
HOA Y/N No
Year Built 1986
Property Sub-Type Multi Family
Property Description
Prime Highland Park 16-Unit Apartment Building with Exceptional ReturnsBuilt in 1986 and offering strong in-place income with clear upside, this 16-unit property presents an excellent opportunity for investors seeking a stabilized asset in a high-demand rental market.The building totals approximately 14,878 square feet on a 22,500-square-foot lot with 27 gated parking spaces. The property is turnkey, featuring two on-site laundry rooms, storage space, two private yards, and a swimming pool.Located in Highland Park, bordering Pasadena and South Pasadena, this asset is near the best shops, cafes, and restaurants along Figueroa and York Blvd., with a park just down the street. A rare, stabilized investment offering both steady performance and long-term growth potential.
Location
State CA
County Other
Area 632 - Highland Park
Interior
Heating None
Fireplace No
Building
Dwelling Type Multi Family
Water Public
Others
Tax ID 5493032024
Special Listing Condition Trust
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Listed by Katherine Vargas Katherine Vargas
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