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$ 2,180,000
Est. payment /mo
Active
63 S Daisy Pasadena, CA 91107
3 Beds
2 Baths
9,508 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26120225
Bedrooms 3
Lot Size 9,508 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Pride-of-Ownership 7-Unit Multifamily in Lamanda Park Area, Beautifully Maintained Apartment in an Excellent Location, Excellent Demographics ($172k) Walkscore 90, New Roofs, New Exterior Paint, and Other Recent Capital Improvements, Mature SFR Neighborhood, First Time for Sale Since 2009, Clear ADUs Upside. 63-67 S Daisy Ave, a pride-of-ownership 7-unit multifamily gem in Pasadena's Lamanda Park neighborhood. This property represents a rare "Value-Add" play in a Class-A location, offering an actual over 5% CAP rate with significant potential for further appreciation through rental increases, ADU development and long-term improvements. This garden-style asset sits in an A-location, in a mature and quiet single family residential neighborhood adjacent to newer built condominiums, yet only minutes to central Pasadena via Colorado Blvd. With a Walk Score of 90, Fantastic Demographics of $172k in a-mile radius, and proven appeal to high-caliber tenants (including international PCC students and Caltech professionals), it delivers effortless leasing and superior retention most units rent to young pros seeking walkable luxury. Built in 1960, the 4055 SF property sits on a 9496 SF lot boasts pride of ownership Single Family Residential feel and has been meticulously maintained by current ownership. First time offered for sale since 2009, the beautiful apartment consists of 2 buildings: front SFR style triplex and back single-story fourplex. Unit mix includes 1 x 2bedroom+1bathroom and 6 x 1bedroom+1bathroom. The front 2bedroom unit is a single family house setting with private p
Location
State CA
County Los Angeles
Zoning Assessor
Direction FWY 210 exit San Gabriel Blvd, go south, then east/left on Colorado Blvd and make right on Daisy Ave
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5748013015
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://growthinvestmentgroup.com/listingdetail.aspx?pid=10543

Listed by Handoko Chen, DRE#01749321 Growth Investment Group Pasade







