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635 Prospect Avenue, South Pasadena, CA 91030

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635 Prospect Avenue
South Pasadena, CA 91030

For Sale: $10,800,000

Property Type: Commercial Apartments
MLS#: WS18208625

  • Building Size: 24616 SF
  • Lot Size: 36002 SF
  • Number of Units: 32
  • Year Built: 1954
  • Days on market: 108
  • Cap Rate: 3.20
  • Net Operating Income: $344,111
  • Gross Scheduled Income: $578,392
  • Rent Control: No
  • Contact Listing Agent Direct:

Property Description

Turnkey property consisting of 32 Units (22 one bedroom/one bath and 10 two bedroom/one bath). Spacious units offering stove, dishwasher, ceiling fans, and wall units for heating and cooling. Approximately 65% of units have been fully renovated. Updated units have laminate and tile flooring, new kitchens with new cabinets, granite countertops, and new appliances. Bathrooms have new vanities, toilets, bathtubs, and hardware. Located in highly desirable South Pasadena School District. Easy access to 110 Freeway, Huntington Hospital, Old Town Pasadena, Shops on Lake Avenue and neighboring entertainment destinations.

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635 Prospect Avenue, South Pasadena, CA 91030

Based on information from California Regional Multiple Listing Service, Inc. as of December 3, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by: LUCINDA DON, DON REALTY

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