Est. cap rate

3.3%

Assumed rent, all units

$8,220/mo

Units

3

Price per unit

$499,667

Est. annual NOI

$49,320

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

Triplex

Bedrooms

3

Building size

3,216 sqft

Lot size

7,808 sqft

Year built

1984

Stories

2

Garage spaces

0

Heating

Central

Cooling

Central Air

Pool

None

View

Mountain(s)

Status

Active

Days on market

69

MLS #

244918586

About this property

Rare three-unit investment opportunity in Pasadena. Situated on a 7,806 sq ft lot with 3,216 sq ft of combined living space, this well-maintained property built in 1984 features a detached front house plus a two-story duplex to the rear, with a freshly painted exterior throughout. The front unit offers 3 bedrooms and 1.5 bath; the middle unit offers 3 bedrooms and 1.5 bath; and the rear unit offers 2 bedrooms and 1.5 baths. All three units are two stories and include a private patio and carport parking. Ideally situated within walking distance of the Metro L (Gold) Line Allen Station and Pasadena City College, with convenient access to the 210 Freeway. An excellent opportunity for investors or owner-occupants seeking income potential in a well-connected Pasadena location. **PLEASE DO NOT DISTURB TENANTS**

Location

167 N Allen

Pasadena, Los Angeles, CA, 91106