34.14886 -118.113556

157 N Allen Avenue PASADENA, CA 91106

319744622 34.14886 -118.113556 124 /listing/319744622-150290053/157-n-allen-avenue-pasadena-ca-91106 False 0 2500000.0 105 CV22157222 False
  • $2,500,000
  • 0.18 lot
  • Est payment $13420.54/mo

Property & Neighborhood Info

Courtesy Of Christopher Thurgood-Seward, DRE#02007661, KELLER WILLIAMS EMPIRE ESTATES

Multi-Family in Pasadena

We are pleased to present the opportunity to acquire a 7 unit multifamily investment opportunity at 157 N. Allen Avenue, in Pasadena. Built in 1961 and very well maintained by the current ownership, this 3,965 square foot building consists of six studios, and a two bedroom unit, all with single baths. Situated only 12 miles northeast of Downtown Los Angeles, and countless options of boutiques, dining, galleries, and entertainment in nearby Old Town Pasadena. This property provides residents with excellent public transportation and quick access into Downtown Los Angeles and major places of business and pleasure within the region. This is an excellent value add opportunity.Buyer to be prequalified with ALB Commercial Capital. Please provide POF with offer to TopherRealEstate@gmail.com This property can be purchased alone or as a portfolio of 3. The additional multifamily properties are a 12 unit building in Eagle Rock and a 12 unit building in Pasadena. Further details can be provided upon request.

Courtesy Of Christopher Thurgood-Seward, DRE#02007661, KELLER WILLIAMS EMPIRE ESTATES
  1. 0.18 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1961
  • County: LOS ANGELES
  • Taxes: $22,066.00
  • Tax Year: 2021
  • Units: 7
  • Zoning: RM32
  • MLS Number:CV22157222

Additional Features

  • Cooling:
    • WallWindowUnits
  • Laundry:
    • CommonArea
  • Building Square Feet:
    • 3965
  • Construction:
    • Frame
    • Stucco
    • WoodSiding
  • Occupied By:
    • Tenant
  • Property Subtype:
    • MultiFamily
  • Roof:
    • Composition
  • Year Built Source:
    • PublicRecords
  • Fence:
    • Wood
  • Lot Description:
    • Landscaped
    • Lawn
  • Carport:
    • Y
  • Carport Spaces:
    • 7
  • Electric:
    • ElectricityOnProperty
  • Heating:
    • WallFurnace
  • Utilities:
    • NaturalGasConnected
    • SewerConnected
    • WaterConnected
  • Number of Buildings:
    • 1
  • Water:
    • Public
  • Gross Income:
    • 136800
  • Lease Option:
    • N
  • Net Operating Income:
    • 114953
  • Terms:
    • Cash
    • CashtoNewLoan
    • Item1031Exchange
  • CDOM:
    • 50
  • Sign:
    • false
  • Special Conditions:
    • Standard
  • Annual Trash Expense:
    • 2190
  • Cap Rate:
    • 3.59
  • DOM:
    • 50
  • Electric Exp:
    • 555
  • Gross Scheduled Income:
    • 136800
  • Insurance Expense:
    • 3866
  • Listing Service:
    • FullService
  • Listing Type:
    • ExclusiveRightToSell
  • Listing Key:
    • 1020375600
  • Operating Expense:
    • 18907
  • Parcel Number:
    • 5737014068
  • SQFT Source:
    • PublicRecords
  • Water Sewer Exp:
    • 1265
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Darrell Done
Darrell Done
REALTOR®
388 South Lake Pasadena CA 91101
Request More Info
34.14886 -118.113556

157 N Allen Avenue PASADENA, CA 91106

319744622 34.14886 -118.113556 124 /listing/319744622-150290053/157-n-allen-avenue-pasadena-ca-91106 False 0 2500000.0 105 CV22157222 False
  • $2,500,000
  • 0.18 lot
  • Est payment $13420.54/mo