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434 N Altadena Drive
Pasadena, CA 91107
Asking Price
Contact for price
Asset Type
School Special-purpose
Class
Class B
What's Special
Special Purpose | 3,522 SqFt <ul><li>A rare and unique property is for sale. "The Commons" is comprised of two parcels featuring a church building and adjacent parking lot.</li><li>Currently occupied by a church, lease expires September 30, 2026. The Commons was previously used for weddings and events and also been featured in numerous Hollywood film productions.</li><li>This iconic property was featured in a Drake music video that has surpassed 400 million views on YouTube.</li><li>Wide range of potential uses, see pag
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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
