2047 N Raymond Ave
Pasadena
Closed $1,650,000
4
UNITS
$412,500
PRICE/UNIT
$316
PRICE/FT
3.55%
CAP
17.19
GRM
4.92%
PRO FORMA CAP
14.32
PRO FORMA GRM
The LA Apartment Advisors are proud to announce the successful sale of 4 non-rent control units located at 2047 N Raymond Avenue in Pasadena, California. Through our superior marketing platform, we were able to achieve the highest price per unit ever in the 91103 area code and the fifth highest price per unit for the City of Pasadena for 2-4 unit properties. Furthermore, we were able to generate significant interest from the market place, resulting in an all cash, two week close with a Chinese buyer.
Michael McNulty
Associate
O: (818)-212-2709
M: (818)-359-9530
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