437 N Chester AVE Pasadena, CA 91106
Sale
$5,200,000
17 Units
3 Beds
4 Baths
13,368 Area(sq.ft.)
15,011 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | studio | 1 | No | $ 1,350 | $ 1,350 | $ 1,695 |
| Unit 2 | 8 | 1 | 1 | No | $ 1,793 | $ 14,344 | $ 2,095 |
| Unit 3 | 8 | 2 | 2 | No | $ 2,171 | $ 13,800 | $ 2,795 |
| 3 | 17 | 24 | 25 | $ 33,062 | $ 226,502 | $ 40,815 |
| MLS #: | PW23211119MR |
| Days On Market: | 146 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 389 |
| Price per unit: | $ 305,882 |
| Year Built: | 1989 |
Property Details
PROPERTY HIGHLIGHTS -Price Reduced for Immediate Sale, Seller Has Upleg Property In Escrow -Assumable Chase Loan at 3.45% -For Sale by Original Owner/Developer -Excellent Mix of 1 & 2-Bedroom Units with Large Floorplans -1989 Construction -7.5% Cap Rate on Market RentsInterested in this Listing?
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Income Details
| Rent Control: | False |
| Gross Operating Income: | $ 388,356 |
| Total Annual Expense: | $ 112,743 |
| Net Operating Income: | $ 275,613 |
| Cap Rate: | 5.3% |
| Gross Rent Multiplier: | 12.99 |
Structure
| Community Features: | Curbs, Gutters, Sidewalks |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Subterranean |
| Total Parking: | 26 |
Interior
| Laundry: | Laundry Area |
Exterior
| Pool: | No |
Detailed Map
Schools
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Income
