Est. cap rate

3.3%

Assumed rent, all units

$9,210/mo

Units

3

Price per unit

$558,333

Est. annual NOI

$55,260

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

2,680 sqft

Lot size

10,718 sqft

Year built

1922

Stories

1

Garage spaces

0

Heating

Fireplace(s),Central

Cooling

Central Air

Pool

None

Status

ComingSoon

Days on market

0

MLS #

248961794

About this property

Discover an inviting Pasadena triplex that combines a convenient location with flexibility and investment potential. Set among mature trees on an approximately 10,718-square-foot lot, this property offers 3 residential units with a total of 7 bedrooms and 3.5 bathrooms, plus designated carport parking. The recently renovated owner’s unit features 2 bedrooms and 1 bathroom, offering a welcoming place to call home. Two additional units, one 3-bedroom with 1.5 baths, the other a 2 bedroom 1 bath provide opportunities for rental income or a variety of living arrangements. Enjoy easy access to Caltech and the shopping and dining along South Lake Avenue, including Trader Joe’s and Pavilions. With its attractive setting and proximity to everyday conveniences, this Pasadena property presents a compelling opportunity for owner-occupants and investors alike.

Location

511 S Hudson

Pasadena, Los Angeles, CA, 91101