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

12

Building size

13,632 sqft

Lot size

24,585 sqft

Year built

1983

Stories

2

Garage spaces

0

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

0

MLS #

245108729

About this property

Twelve consistent 3-bedroom townhouse-style homes, built to last. 614-620 N Mar Vista Ave Pasadena. A 12-unit multifamily community arranged across two side-by-side, two-story buildings in a quiet Pasadena residential neighborhood. Built in 1983, the property delivers 13,632 rentable square feet on a 24,659 square foot lot - generous scale for the unit count, with a landscaped central corridor and mature palm and hedge plantings along the perimeter. Every one of the 12 units shares the same 3-bedroom, 1.5-bath floor plan - a layout in short supply across the San Gabriel Valley and consistently in demand. That uniformity simplifies renovation planning, rent comps, and day-to-day management for an incoming owner. Each unit is served by its own individual HVAC system, reducing common-area utility exposure. Covered parking runs along the ground floor of both buildings, and the pedestrian courtyard connecting them is fully landscaped - giving the property genuine curb appeal from the street and from the air. One unit (620-6) is currently vacant, offering an incoming owner immediate lease-up upside at market rent.

Location

620 N Mar Vista

Pasadena, Los Angeles, CA, 91106