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Key Details
Sold Price $2,000,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR22092031
Sold Date 06/01/22
Bedrooms 2
HOA Y/N No
Lot Size 7,654 Sqft
Property Description
537 N Catalina Ave is a value-add 5-unit apartment in the highly desirable location in the City of Pasadena, CA. This offering provides an extremely rare opportunity for investors to acquire an attractive apartment community in one of most desirable sub-market throughout San Gabriel Valley. There is NO LOCAL rent control in Pasadena which allows maximum rent increase of 5% + CPI per AB1482.
537 N Catalina Ave is a value-add 5-unit apartment in the highly desirable location in the City of Pasadena, CA. This offering provides an extremely rare opportunity for investors to acquire an attractive apartment community in one of most desirable sub-market throughout San Gabriel Valley. There is NO LOCAL rent control in Pasadena which allows maximum rent increase of 5% + CPI per AB1482.
Location
State CA
County Los Angeles
Area Pasadena (91106)
Zoning Assessor
Interior
Cooling Wall/Window
Exterior
Parking Features Unit1:Assigned
Building
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash
Space Rent $1,760
Listing Terms Cash
Financing Cash
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Bought with NON LISTED AGENT • San Diego
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