Description
12-unit (12 Studios, Total sq./ft. 4,608) on 1837 E. Colorado Blvd. (APN: 5746-017-030, Lot Size 8,994 ) and an 8-unit (7 1bed+1bath & 1/3bed+2bath, Total sq./ft. 5,322) on 31 N. Parkwood Ave. ( APN: 5746-017-092, Lot Size 10,100). Together they form an L shape lot and are to be sold together and concurrently. These turnkey properties are located within 2 blocks from Pasadena City College with great current cashflow. Both properties are fully rehabbed with all new kitchen and baths, vinyl windows, updated electrical, exterior/interior paint, landscaping, in unit stackable washer/dryer. This well rehabbed property is located within walking distance to shops and restaurants, as well as public transportation. This high rental demand 20 unit apartments is a great opportunity for any investor looking for a great steady current cashflow. Pasadena is the ninth largest city in Los Angeles County and is known for high rental demand where tenants can live, work and play locally. The city of Pasadena is also highly recognized for its centralized location, public transportation, and with popular local attractions
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