Est. cap rate

4.1%

Assumed rent, all units

$10,260/mo

Units

3

Price per unit

$499,667

Est. annual NOI

$61,560

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

6

Bathrooms

6

Building size

3,914 sqft

Lot size

8,281 sqft

Year built

1940

Stories

2

Garage spaces

3

Cooling

None

Pool

None

View

None

Status

Active

Days on market

3

MLS #

245709439

About this property

Prime Location, Superior Income, & Multi-Generational Setup! This rare 3-unit property offers approx. 3,900SF of living space across three separate, well-maintained residences. Perfectly situated nearby to local restaurants, supermarkets, public transportation, and everyday amenities, it presents an extraordinary opportunity for extended family to enjoy their own private place nearby—or for an investor to house-hack and generate strong passive income! Each unit features a spacious 2-bedroom layout with a full upstairs bathroom and a main-floor half-bath. Property Highlights & Upgrades: Major Upgrades: Brand-new roof (2025) and updated heating system (2021). Individually Metered: Separate gas and water meters, plus three distinct address numbers for seamless mail and package delivery. On-Site Amenities: Covered carport parking behind the building and a coin-operated laundry area in the common space.

Location

320 E California Boulevard

Pasadena, Los Angeles, CA, 91106