70 S Parkwood

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70 S Parkwood

Pasadena, CA 91107
Asking Price
$1.27M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Three-unit multifamily apartment building available for purchase
  • Pasadena location situated within the 91107 zip code
  • Asset offered at an asking price of 1,275,000 dollars
  • Located in a stable residential submarket of Los Angeles
  • Property is suitable for small-scale residential investment portfolios

What's Special

This multifamily apartment building contains three units in Pasadena, California. Positioned in the 91107 zip code, the property benefits from its location in a well-established submarket of the Los Angeles metropolitan area. Pasadena maintains a robust economic environment supported by a diverse base of employers in education, research, and technology, along with convenient access to major regional transit arteries. The city draws a steady population of professionals and long-term residents, providing a stable foundation for rental demand. Given the unit configuration, this asset presents a clear opportunity for investors seeking to manage a small-scale residential holding within an infill market. The scale of the property allows for straightforward asset management while capitalizing on the density and rental characteristics typical of the San Gabriel Valley. Whether held as a core investment or a value-add project, the building aligns with the requirements of buyers focused on long-term residential growth.

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NOI
$80,000
Cap Rate
6.27%
DSCR
1.06
Tight
Cash-on-Cash
1.13%
Monthly Payment
$6,308.004
Annual Cash Flow
$4,303.948

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