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Glen Henderson

[email protected] +1(619) 889-7646

$2,100,000

Est. payment - /mo

3 Beds

2 Baths

9,508 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26120225

Bedrooms 3

Lot Size 9,508 Sqft

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash

Property Type Res Income 2-4 Units

Property Description

Pride-of-Ownership 7-Unit Multifamily in Lamanda Park Area, Beautifully Maintained Apartment in an Excellent Location, Excellent Demographics ($172k) Walkscore 90, New Roofs, New Exterior Paint, and Other Recent Capital Improvements, Mature SFR Neighborhood, First Time for Sale Since 2009, Clear ADUs Upside. 63-67 S Daisy Ave, a pride-of-ownership 7-unit multifamily gem in Pasadena's Lamanda Park neighborhood. This property represents a rare "Value-Add" play in a Class-A location, offering an actual over 5% CAP rate with significant potential for further appreciation through rental increases, ADU development and long-term improvements. This garden-style asset sits in an A-location, in a mature and quiet single family residential neighborhood adjacent to newer built condominiums, yet only minutes to central Pasadena via Colorado Blvd. With a Walk Score of 90, Fantastic Demographics of $172k in a-mile radius, and proven appeal to high-caliber tenants (including international PCC students and Caltech professionals), it delivers effortless leasing and superior retention most units rent to young pros seeking walkable luxury. Built in 1960, the 4055 SF property sits on a 9496 SF lot boasts pride of ownership Single Family Residential feel and has been meticulously maintained by current ownership. First time offered for sale since 2009, the beautiful apartment consists of 2 buildings: front SFR style triplex and back single-story fourplex. Unit mix includes 1 x 2bedroom+1bathroom and 6 x 1bedroom+1bathroom. The front 2bedroom unit is a single family house setting with private p

Location

State CA

County Los Angeles

Zoning Assessor

Direction FWY 210 exit San Gabriel Blvd, go south, then east/left on Colorado Blvd and make right on Daisy Ave

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5748013015

Acceptable Financing Cash

Listing Terms Cash

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Listed by Handoko Chen, DRE#01749321 Growth Investment Group Pasade

Nearby School & Business

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

63 S Daisy Pasadena, CA 91107

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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