174 N Mar Vista Ave Pasadena, CA 91106
Sale
$2,950,000
12 Units
9 Beds
12 Baths
7,556 Area(sq.ft.)
11,248 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 3 | studio | 1 | No | $ 1,284 | $ 3,853 | $ 4,950 |
| Unit 2 | 9 | 1 | 1 | No | $ 1,543 | $ 13,805 | $ 18,900 |
| 2 | 12 | 9 | 12 | $ 17,739 | $ 135,804 | $ 184,950 |
| MLS #: | 24-378431 |
| Days On Market: | 9 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 390 |
| Price per unit: | $ 245,833 |
| Year Built: | 1963 |
Property Details
174 N Mar Vista Ave, constructed in 1963, boasts upgraded units with private patio areas and balconies, with an estimated 35% rental income upside. Property can be purchased individually or in a package with 151 N Wilson (10 units) and/or 113 N Grand Oaks (8 units).Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes, 100% |
| Gross Operating Income: | $ 212,038 |
| Total Annual Expense: | $ 81,953 |
| Net Operating Income: | $ 123,724 |
| Gross Annual Income: | $ 212,038 |
| Cap Rate: | 4.19% |
| Gross Rent Multiplier: | 13.91 |
| Actual Gross Rent: | $ 211,903 |
Structure
| Type of Units: | Apartment |
| Buildings: | 1 |
| Levels: | Two |
| Style: | Craftsman |
Land & Parking
| Zoning: | PSR4 |
| Parking Garage: | Carport |
Interior
| Cooking Appliances: | Built-In Gas, Cooktop - Gas, Microwave, Oven |
| AC/Cooling: | Ceiling Fan, Window Unit(s) |
| Equipment: | Cable, Microwave, Ceiling Fan, Dishwasher, Garbage Disposal |
| Heating: | Wall |
| Laundry: | Community |
Exterior
Detailed Map
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Income
