Pasadena, CA 91101,411 N Euclid Avenue
Pasadena, CA 91101,411 N Euclid Avenue
Pasadena, CA 91101,411 N Euclid Avenue
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$4,150,000
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4,774 SqFt
Active

411 N Euclid Avenue Pasadena, CA 91101

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,774 sqft

Price per Sqft $869

MLS Listing ID CRAR25186697

HOA Y/N No

Year Built 1950

Lot Size 0.267 Acres

Acres 0.27

Property Sub-Type Other

Property Description

Highly Desirable Single Story 10-units near Old Town Pasadena, Very Attractive Return w/ 5.25% Current CAP Rate, Excellent Location, Large lot size, Secured Entrance with Private Patio, Almost All Units are Fully Upgraded. 411-417 N Euclid Ave, a very attractive 10-unit Single-story apartment investment, only several blocks north of Old Town Pasadena. This offering provides a very attractive going-in ACTUAL CAP Rate of 5.25% providing consistent and stable cash flow for a savvy investor. The property is a 10-unit single story modern style apartment, and offers strategic location near the Old Town Pasadena, and Rose Bowl area. It was built in 1950 and has been completely renovated with permits in 2022-2023. It consists of 3 single-story buildings and situated on a large ±11,627sf R3 lot. The property has been completely renovated with permits (9 out of 10 units are fully upgraded), and offers an efficient mix of nine 1bedrooms, and one studio unit. Each unit is unique because it has a vaulted ceiling layout with most units having their own private patio. All the upgraded units have undergone a top-to-bottom renovation with full electrical and plumbing upgrades (plumbing upgrade in unit), new high durability wood vinyl and tile flooring in bathroom, new windows throughout, in-unit

Location

State CA

County Los Angeles

Zoning PSR3

Interior

Heating Other, Wall Furnace

Cooling Other

Flooring Vinyl, Wood

Fireplace No

Appliance Dryer

Laundry Dryer, Other, Washer

Building

Lot Description Level, Other

New Construction No

Others

Tax ID 5725031015


Bridge MLS
Listed by Handoko Chen • Growth Investment Group Pasade

A FEW WORDS FROM PAST CLIENTS

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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411 N Euclid Avenue