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Kirstie Dempsey
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Off-Market 5 Unit Investment Property in Pasadena

Kirstie Dempsey
Posted Jan 12 2019, 08:01

OFF MARKET - SELLER CARRY BACK


Pasadena CA 91103

***PLEASE DO NOT DISTURB TENANTS***


Property Details:

Total Beds: 5
Total Baths: 5
Total sq/ft: 2,458
Lot size: 7,273
Unit 1-5: 1/1

NO RENT CONTROL

Month-to-month
Current Rents: $750 unit
Projected Rent Post Renovation: $1,500 each
Projected Total Rents: $7,500
CAP Rate: 5% proforma

Price: $1,150,000
ARV: $1,350,000+

***Seller is willing to carry the note for 7 years at 4% interest rate (option to extend once initial term is up) with 25% down payment***

*100% FINANCING AVAILABLE!


Offering