2915 Morningside

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2915 Morningside

Pasadena, CA 91107
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Three-unit multifamily asset located in Pasadena, California.
  • The property is currently available for purchase by investors.
  • Well-positioned in a dense suburban market near Los Angeles.
  • Apartment building configuration supports stable residential rental income.
  • Excellent regional connectivity throughout the San Gabriel Valley area.

What's Special

This multifamily property is currently available for sale in Pasadena, California, representing a steady acquisition for investors seeking residential income assets. The apartment building consists of 3 units, providing a manageable scale for localized property management or portfolios expanding within the San Gabriel Valley. Pasadena remains a highly sought-after submarket within the Greater Los Angeles area, benefiting from strong connectivity to regional employment hubs, higher education institutions, and a dense, established renter base. As an infill market, this asset type serves as a stable vehicle for capital preservation and long-term rental appreciation. Investors should evaluate this building for its potential to stabilize cash flow within a prime Southern California neighborhood known for consistent housing demand and economic vitality.

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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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