840 N Fair Oaks Ave | Pasadena, CA 91103
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- LoopNet Team
840 N Fair Oaks Ave
Pasadena, CA 91103
Turn-Key Newer Construction Asset · Multifamily Property For Sale · 10 Units
Investment Highlights
- Turn-key project with (5) – new construction townhomes, (4) – restored apartments, and (1) – office space. Total of four buildings with entry to parki
- Great unit mix of (3) – 3 bed / 2.5 bath TH, (2) – 2 bed / 2 bath, (2) – 1 bed / 1.5 bath TH, (2) – 1 bed / 1 bath, and (1) -office space
- The complex is gated with a landscaped courtyard in the front.
- Total of four buildings with entry to parking in the alley.
- Turnkey asset that was tastefully built / restored. The property will serve as a great for an investor looking for low maintenance cash-flow
PROPERTY FACTS
| No. Units | 10 | Building Size | 9,520 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 2016 |
| Building Class | B | Parking Ratio | 1.58/1,000 SF |
| Lot Size | 0.34 AC |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.34 AC |
| Building Size | 9,520 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2016 |
| Parking Ratio | 1.58/1,000 SF |
Unit Amenities
- Microwave
- Refrigerator
- Oven
- Stainless Steel Appliances
PROPERTY TAXES
| Parcel Number | 5725-001-007 | Improvements Assessment | $1,584,886 |
| Land Assessment | $928,467 | Total Assessment | $2,513,353 |
PROPERTY TAXES
Parcel Number
5725-001-007
Land Assessment
$928,467
Improvements Assessment
$1,584,886
Total Assessment
$2,513,353
zoning
| Zoning Code | RM-32 (32 Units per Acre Prior to 50% Density Bonus) |
| RM-32 (32 Units per Acre Prior to 50% Density Bonus) |
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