840 N Euclid

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840 N Euclid

Pasadena, CA 91104
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).

  • Multifamily apartment building located in Pasadena, California
  • The property consists of five individual rental units
  • Strategically positioned near major Los Angeles area employment hubs
  • Asset is situated at the address 840 N Euclid
  • Strong rental demand characterizes this established suburban submarket

What's Special

This 5-unit multifamily apartment building sits in Pasadena, California, at 840 N Euclid. Situated within a region known for its robust educational institutions and historic architecture, the property benefits from the diverse economic base of the San Gabriel Valley. Pasadena remains a highly sought-after residential market due to its central proximity to employment hubs across the Greater Los Angeles area and its well-established transit infrastructure. This residential asset provides a predictable housing option for professionals and families seeking access to local amenities and nearby commerce. Given the density and rental demand inherent in this Southern California submarket, the building serves as a stable addition to a real estate portfolio. Investors and owner-operators will find the scale of this multifamily asset well-suited for long-term residential leasing strategies in a consistently active housing environment.

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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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