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2301 Pasadena Ave
Los Angeles, CA 90031
Multifamily Property For Sale
·
21 Units


Executive Summary
Architect-prepared plans (Blend Design Studio) to add a private bathroom to each guest room are in hand — an entitled path to convert the sharedbath rooms into self contained, private-bath studios and drive rents above the stabilized underwriting shown here.
Property Facts
| Price Per Unit | $130,650 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 9% | Lot Size | 0.13 AC |
| Gross Rent Multiplier | 6.2 | Building Size | 6,358 SF |
| No. Units | 21 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | LAC2 | ||
| Price Per Unit | $130,650 CAD |
| Sale Type | Investment |
| Cap Rate | 9% |
| Gross Rent Multiplier | 6.2 |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 6,358 SF |
| No. Stories | 2 |
| Year Built | 1910 |
| Opportunity Zone |
Yes |
| Zoning | LAC2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+0 | 18 | - | - |
| 1+1 | 3 | - | - |
Property Taxes
| Parcel Number | 5205-023-004 | Improvements Assessment | $640,368 CAD |
| Land Assessment | $1,056,608 CAD | Total Assessment | $1,696,976 CAD |
Property Taxes
Parcel Number
5205-023-004
Land Assessment
$1,056,608 CAD
Improvements Assessment
$640,368 CAD
Total Assessment
$1,696,976 CAD
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