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238 S Arroyo Pky
Pasadena, CA 91105

The Dalton · Multifamily Property For Sale · 55 Units

Executive Summary

EXCLUSIVE OFFERING! PRIME RETAIL CONDO AT THE DALTON IN OLD TOWN PASADENA. BUILT IN 2008, THE DALTON WAS A 4-STORY CONTEMPORARY STYLE CONDOMINIUM BORN FROM A VISION TO CREATIVE URBAN LIVING. THE UPPER 3 FLOORS HOUSED 55 LUXURIOUS RESIDENTIAL CONDOMINIUMS FEATURING HIGH CEILINGS & LARGE WINDOWS WITH FIVE EQUALLY MODERN COMMERCIAL CONDOMINIUMS AT GROUND LEVEL. GREAT INVESTMENT! CAP RATE OF 4.5%. THE SUBJECT RETAIL CONDO PROPERTY OCCUPIES THE HIGHLY VISIBLE PRIME CORNER UNIT AND IS CURRENTLY LEASED TO MISS CHEESE TEA CAFÉ, A POPULAR TEA SHOP WITH HIGH CUSTOMER REVIEWS. CAP RATE OF 4.5%. EXCELLENT LOCATION. LOCATED AT THE SIGNALIZED CORNER OF S. ARROYO PARKWAY AND CORDOVA ST (SE CORNER), RIGHT ACROSS FROM METROLINK DEL MAR TRAIN STATION & PUBLIC PARKING STRUCTURE. ASIDE FROM GUEST PARKING SPACES IN THE BUILDING, THERE ARE PLENTY OF PUBLIC PARKING WITHIN THE AREA.

PROPERTY FACTS

No. Units 55
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront
Apartment Style Mid Rise
Building Class B
Lot Size 0.78 AC
Building Size 127,796 SF
No. Stories 5
Year Built 2008
Parking Ratio 4.06/1,000 SF
APN / Parcel ID 5722-013-134

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Double Vanities
  • Kitchen
  • Hardwood Floors
  • Ice Maker
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Built-In Bookshelves
  • Double Pane Windows
  • Freezer
  • Loft Layout
  • Office
  • Trash Compactor

Site Amenities

  • Courtyard
  • Fitness Center
  • Security System
  • Grill
  • Roof Terrace
  • Storage Space
  • Sundeck

zoning

Zoning Code PSC (Commercial/Medical/Office UNIT # 140 with 1,433 SF and Street Frontage on Arroyo Pkwy with build-outs in place, 5 offices, & receptionist area, Ready.)
PSC (Commercial/Medical/Office UNIT # 140 with 1,433 SF and Street Frontage on Arroyo Pkwy with build-outs in place, 5 offices, & receptionist area, Ready.)
  • Listing ID: 15517869

  • Date on Market: 3/22/2019

  • Last Updated:

  • Address: 238 S Arroyo Pky, Pasadena, CA 91105

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