$1,250,000
FOR SALEActive1007 E Maple
Pasadena CA 91106
2,748
SF
Multi-Family
Type
1912
Built
$455/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
NextHome Grandview is proud to present this five-unit complex in Northwest Pasadena, just blocks from Old Town Pasadena’s popular shops, restaurants, and entertainment. This complex is conveniently located near the 134 and 210 freeways and within walking distance of the Lake Metro station. This multifamily investment offers two remodeled vacancies, existing rental income, and potential for future expansion or redevelopment under the City’s new North Lake Specific Plan. The property includes (1) studio, (3) one-bedroom units, and (1) two-bedroom unit. The remodeled studio and a (1) bedroom unit are currently vacant, offering immediate leasing opportunities. The remaining three units are occupied. Buyers can explore adding two to four units for a total of seven to nine, or redevelop the existing structures into an eight-unit complex, subject to City approval and buyer verification of allowable density and development feasibility. Inquire today to schedule a private showing and explore the property’s income and development potential.
Property Information
Property Overview
Commercial - MultiFamily
Property Type
Active
Status
0.1595 acres
Lot Size
5
Total Units
2,748 SF
Square Footage
$454.88/SF
Price per SF
1,912
Year Built
2
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
Data not available.
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CRMLS
MLS# GD26240762
Listed:
Nalren refreshed:
Last updated
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Listed by: NextHome Grandview
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.