Total Units: 8
Year Built: 1955
Floor: Hardwood, Wall-To-Wall Carpet
Property Description : Newly Updated Eight Units of 1 bedroom 1 bath apartment complex. Best Location in the city of Pasadean, 2 blocks away from San Marino, walking distance to Cal Tech, Pasadena City College. Low Vancancy Factor. Cap rate is about 6%.
Financial Analysis | |
Gross Schedule Income: | $71,450 |
Operating Expense: | $17,592 |
Net Operating Income: | $53,858 |
Total Annual Operating Exp: | $17,592 |
Separate Water Meters: | 1 |
Separate Gas Meters: | 8 |
Separate Electrical Meters: | 8 |
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