Turnkey 22-Unit Apartment
276 S Sierra Madre Blvd Pasadena, CA 91107
276 S Sierra Madre Blvd, Pasadena, CA, 91107
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For Sale
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Updated 22-unit multifamily property with gated parking, on-site laundry, and modernized interiors and mechanicals.
Property Size8,820 SF
Price / SF$633.22
Days on Market154
Property Features for 276 S Sierra Madre Blvd
General Information
- Standard status
- Active
- Size
- 8,820 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1956
Listing agency
Realty Investment Advisors
Listed by
Alex Metaxas · License #02063191
Source
Crexi
Added: Feb 17 Updated: Jul 21 at 3:14AM Checked: Jul 21 at 3:14AM
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Investment Insights
Based on property information with market context.
This turn-key 22-unit apartment building has undergone extensive updates and renovation. Reported improvements include updated electrical, plumbing, drain lines, windows, doors, and the driveway/parking area. The unit mix consists of four large 1-bedroom, 1-bath units and eighteen single-bedroom, 1-bath units, each with a full-size kitchen.
The interiors have been renovated with laminate or vinyl flooring, granite countertops, new cabinets, renovated bathrooms, stainless steel appliances, and updated heating/AC systems. The property includes gated parking and a secure on-site laundry room, and it is maintained and managed by the ownership.
Located on the south side of Pasadena, the property is described as being not far from CalTech and PCC, with proximity to the city of San Marino.
The interiors have been renovated with laminate or vinyl flooring, granite countertops, new cabinets, renovated bathrooms, stainless steel appliances, and updated heating/AC systems. The property includes gated parking and a secure on-site laundry room, and it is maintained and managed by the ownership.
Located on the south side of Pasadena, the property is described as being not far from CalTech and PCC, with proximity to the city of San Marino.
Key Highlights
- 22‑unit multifamily property built in 1956 with a 6% cap rate per listing remarks
- Unit mix includes 4 large 1 bed/1 bath and 18 single/1 bath units with full‑size kitchens
- Extensive updates: electrical, plumbing, drain lines, windows, doors, and driveway/parking
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FAQs
What type of property is this?
Apartment building - Updated 22-unit multifamily property with gated parking, on-site laundry, and modernized interiors and mechanicals.
Where is this apartment building located?
The property is located at 276 S Sierra Madre Blvd Pasadena, CA.
What is the asking price?
The asking price for this property is $5,585,000.
What are key features of this property?
This property features: 22‑unit multifamily property built in 1956 with a 6% cap rate per listing remarks; Unit mix includes 4 large 1 bed/1 bath and 18 single/1 bath units with full‑size kitchens; Extensive updates: electrical, plumbing, drain lines, windows, doors, and driveway/parking
