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200 N Pasadena Ave

2 Unit Apartment Building $1,098,000 ($549,000/Unit) 3.95% Cap Rate Azusa, CA 91702

Executive Summary

Great curb appeal, both homes have been remodeled. The front home is 3 bedrooms 2 bathrooms. The back house is 2 bedrooms 2 bathrooms. Both homes have newer kitchens and bathrooms. Custom cabinets , granite countertops, spacious shower and jacuzzi, plenty of storage through out. Both homes have newer roofs, plumbing, electrical, double pane windows. Each home has their own laundry room. 3 car garages and plenty of parking. Also can add additional ADU's in the back, close to high school and the 210 freeway. Very convenient location.

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,098,000
Price Per Unit $549,000
Sale Type Investment
Cap Rate 3.95%
Sale Conditions 1031 Exchange
Gross Rent Multiplier 18.83
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Lot Size 0.25 AC
Building Size 2,261 SF
Average Occupancy 100%
No. Stories 1
Year Built 1948
Parking Ratio 1.33/1,000 SF

Unit Amenities

  • Disposal
  • Washer/Dryer Hookup
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Range
  • Yard
  • Double Pane Windows

Site Amenities

  • Fenced Lot
  • Gated
  • Gas Range

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 1 $2,500 -
3+2 1 $2,800 -
  • Listing ID: 31933005

  • Date on Market: 5/27/2024

  • Last Updated:

  • Address: 200 N Pasadena Ave, Azusa, CA 91702

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