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Listed by Katherine Vargas • Katherine Vargas
$4,700,000
Est. payment /mo
14,900 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 14,900 sqft
Price per Sqft $315
MLS Listing ID CRP1-24757
HOA Y/N No
Year Built 1986
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
Property Description
Prime Highland Park 16-Unit Apartment Building with Exceptional ReturnsBuilt in 1986 and offering strong in-place income with clear upside, this 16-unit property presents an excellent opportunity for investors seeking a stabilized asset in a high-demand rental market.The building totals approximately 14,878 square feet on a 22,500-square-foot lot with 27 gated parking spaces. The property is turnkey, featuring two on-site laundry rooms, storage space, two private yards, and a swimming pool.Located in Highland Park, bordering Pasadena and South Pasadena, this asset is near the best shops, cafes, and restaurants along Figueroa and York Blvd., with a park just down the street. A rare, stabilized investment offering both steady performance and long-term growth potential.
Location
State CA
County Other
Interior
Heating None
Fireplace No
Building
Water Public
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