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130 & 136 S. Michigan Ave.

2 Residential Properties Offered at £4,675,084 in Pasadena, CA

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Investment Highlights

Excellent Location between P.C.C and Cal Tech Pasadena California, 18 Units with Large lot in a good neighborhood and long term tenants.

Executive Summary

xceptional investment opportunity: 4 BUiLDINGS , sale is for 2 parcels 130 and 136 S. Michigan Ave. total 18 units must be sold together. 100% leased. 11400 sq ft living area, 22058 lot size. Property located in a quiet street walking distance to the Cal Tech, PCC, Old town, Shopping center on Lake Ave. Hardly any vacancy, usually rented within 1 week, easy to manage.The property offers an investor the rare opportunity to own an excellent portfolio of real estate in one of the most coveted submarkets in the San Gabriel Valley. The property, which has been 40% renovated. It is a two-story garden style apartment with 11-Studios 500 sq.ft. 4- 1Bedroom 665 sq. ft and 3-2Bedrooms 750 sq. ft (2unit) 1100 sq.ft. (1unit)

Taxes & Operating Expenses (Actual - 2023) Click Here to Access	Annual
Gross Rental Income	$99,999
Other Income	-
Vacancy Loss	-
Effective Gross Income	$99,999
Taxes	$99,999
Operating Expenses	$99,999
Total Expenses	$99,999
Net Operating Income	$99,999

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Gross Rental Income
Annual	$99,999

Other Income
Annual	-

Vacancy Loss
Annual	-

Effective Gross Income
Annual	$99,999

Taxes
Annual	$99,999

Operating Expenses
Annual	$99,999

Total Expenses
Annual	$99,999

Net Operating Income
Annual	$99,999

Property Facts

Price	£4,675,084	Number of Properties	2
Price / SF	£397.20 / SF	Individually For Sale	0
Net Initial Yield	4.60%	Total Building Size	11,770 SF
Sale Type	Investment	Total Land Area	0.51 AC
Status	Active

Price	£4,675,084
Price / SF	£397.20 / SF
Net Initial Yield	4.60%
Sale Type	Investment
Status	Active
Number of Properties	2
Individually For Sale	0
Total Building Size	11,770 SF
Total Land Area	0.51 AC