2185 Midwick

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2185 Midwick

Altadena, CA 91001
Asking Price
Contact for price
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Available for sale in the Altadena submarket
  • Total land area measures 0.474 acres
  • Site offers potential for diverse development projects
  • Situated within the accessible San Gabriel Valley region
  • Located at 2185 Midwick in the 91001 zip code

What's Special

This land parcel is currently for sale, providing a strategic acquisition for investors or developers seeking to capitalize on the Altadena market. Encompassing 0.474 acres, the site offers the necessary footprint for various residential or small-scale commercial development projects. Altadena serves as a desirable residential enclave within the San Gabriel Valley, benefiting from its proximity to Pasadena and the broader Los Angeles economic hub. The surrounding geography is defined by its foothill character and access to major regional thoroughfares, supporting sustained interest from residents and businesses alike. Developers looking to expand their portfolio within this growing suburban landscape will find the scale of this property highly functional for custom build-outs. Given the consistent demand for land in this sector of Southern California, the site represents a practical addition to any long-term real estate strategy focused on density or specialized local development.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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