This Multifamily Property is no longer advertised on LoopNet.com.
1509 Raymond Ave
Pasadena, CA 91103
La Wayne Apartments · Multifamily Property For Sale · 10 Units
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INVESTMENT HIGHLIGHTS
- Constructed by Current Ownership, Brought to Market for the First Time
- Excellent Pride of Ownership & Value-Add Opportunity
- 4% Cap Rate with Current Rents, 7.6% Cap Rate with Market Rents
- All Units are Large 2-Bedroom 1-Bath
PROPERTY FACTS
No. Units | 10 |
Property Type | Multifamily |
Property Subtype | Apartment |
Building Class | C |
Lot Size | 0.32 AC |
Building Size | 8,632 SF |
No. Stories | 2 |
Year Built | 1963 |
Parking Ratio | 1.16/1,000 SF |
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
2+1 | 10 | $2,152 | 850 - 950 |
PROPERTY TAXES
Parcel Number | 5728-011-019 | Improvements Assessment | $191,742 |
Land Assessment | $18,952 | Total Assessment | $210,694 |
ZONING
Zoning Code | GLR1YY |
Listing ID: 27994060
Date on Market: 3/16/2023
Last Updated:
Address: 1509 Raymond Ave, Pasadena, CA 91103
The La Pintoresca Park Multifamily Property at 1509 Raymond Ave, Pasadena, CA 91103 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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