Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

7

Building size

5,573 sqft

Lot size

8,608 sqft

Year built

1964

Stories

2

Garage spaces

1

Pool

None

Status

Active

Days on market

141

MLS #

242002019

About this property

Presenting this amazing and rare opportunity to own this well maintained 7 unit building in the outstanding and award winning school district of South Pasadena and consistently strong rental demand. 6 units are 2 bedrooms one bath, and one unit is a one bedroom one bath. 8 carports plus one car garage. Located moments from Mission Street, the Gold Line, cafes, markets and South Pasadena's charming small-town amenities. This building offers the perfect blend of lifestyles and long-term value. In house laundry room, providing added convenience and additional income potential. Well kept grounds, stable long-term tenants, and up side in rents make this an excellent opportunity.

Location

2064 Meridian

South Pasadena, Los Angeles, CA, 91030