2052 Meridian Ave | South Pasadena, CA 91030
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- LoopNet Team
2052 Meridian Ave
South Pasadena, CA 91030
Build-to-Rent Property For Sale
·
26 Units
INVESTMENT HIGHLIGHTS
- No Local Rent Control
- New Electrical, New Roof, New HVACs
- 2nd highest rental market in SGV
- 7.5% Market Cap | 10.9 market GRM
- Central AC | Individual water heaters
- Exceptionally rare opportunity
PROPERTY FACTS
| No. Units | 26 | Total Plot Size | 0.60 ac |
| Property Type | Build-to-Rent | Property Size | 26,780 sq ft |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Floors | 2 |
| Costar Property Class | B | Year Built | 1970 |
| Use Class | RM | ||
| No. Units | 26 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | B |
| Total Plot Size | 0.60 ac |
| Property Size | 26,780 sq ft |
| Average Occupancy | 100% |
| No. Floors | 2 |
| Year Built | 1970 |
| Use Class | RM |
AMENITIES
SITE AMENITIES
- Courtyard
- Fenced Lot
- Gated
PROPERTY TAXES
| Parcel Number | 5319-038-019 | Improvements Assessment | £5,868,682 |
| Land Assessment | £2,503,971 | Total Assessment | £8,372,653 |
PROPERTY TAXES
Parcel Number
5319-038-019
Land Assessment
£2,503,971
Improvements Assessment
£5,868,682
Total Assessment
£8,372,653
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