80 Grace Ter | Pasadena, CA 91105
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80 Grace Ter
Pasadena, CA 91105
8 Turn-Key Units | Pride of Ownership · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Built in 1891 a Mansion Designed by Frederick Roehrig | Converted to Apartments in 1920s | Complete Renovation Just Finished in 2022
- Extreme Pride of Ownership | Truly One of a Kind Property
- Massive Units on a Large Hilltop Lot with Great Views
- Property was Fully Vacant in early January and Fully Leased by February | Proves the Amazing Rental Market for this Unique Property
- Fully Turn-Key Property after Huge $1.4M Renovation Done
- Excellent Pasadena Location | One Block from South Pasadena
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.75 AC |
| Property Type | Multifamily | Building Size | 9,567 SF |
| Property Subtype | Apartment | Average Occupancy | 87% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 1891/2021 |
| Zoning | PSR6 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.75 AC |
| Building Size | 9,567 SF |
| Average Occupancy | 87% |
| No. Stories | 3 |
| Year Built/Renovated | 1891/2021 |
| Zoning | PSR6 |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Fireplace
- Washer/Dryer
- Oven
- Deck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | $5,112 | 1,147 - 1,733 |
| Studios | 1 | $1,625 | 566 |
PROPERTY TAXES
| Parcel Number | 5719-016-001 | Improvements Assessment | $183,963 |
| Land Assessment | $642,079 | Total Assessment | $826,042 |
PROPERTY TAXES
Parcel Number
5719-016-001
Land Assessment
$642,079
Improvements Assessment
$183,963
Total Assessment
$826,042
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