Est. cap rate

5.3%

Assumed rent, all units

$12,280/mo

Units

4

Price per unit

$347,500

Est. annual NOI

$73,680

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

4

Building size

2,846 sqft

Lot size

6,432 sqft

Year built

1914

Stories

2

Garage spaces

2

Pool

None

Status

Active

Days on market

181

MLS #

242499363

About this property

Attention Investors, Future Pasadena Buyers, and 1031 Exchange Clients! The Tax Assessor shows this as a 3-unit property; however, upon inspection, you’ll find it actually functions as a 4-unit property! Located in one of Pasadena’s most desirable and centrally located neighborhoods, this property consists of three 1-bedroom/1-bath units and one large vacant studio (approximately 1,000 sq. ft.). Separate 2 car garage and basement. Room to put laundry room in the basement. Check with the City. Current rents for the one-bedroom units are $1,471, $1,568, and $1,409. This is an excellent opportunity to restore charming Craftsman-style units, capitalize on strong rental demand, and explore the potential to add ADUs—buyer to verify with the City of Pasadena. Don’t miss out—submit your best offer!

Location

325 S Los Robles Avenue

Pasadena, Los Angeles, CA, 91101