The LA Apartment Advisors are pleased to announce the successful sale of this 5 unit apartment building located at 332 Pasadena Avenue in South Pasadena, California. The property contained a good unit mix of 2 one-bed/one-bath units, 2 one-bed/one-bath + den units, and 1 two-bed/one-bath units.

Through our superior marketing efforts, we were able to generate multiple offers and ultimately close with an overseas buyer who never personally inspected the property. Due to this buyer's desire to purchase California real estate, he gave the seller an extremely favorable offer, and he closed escrow quickly without giving any issues in escrow.

This sales price resulted in one of the highest price/unit and price/sq.ft sales in the history of this very sought after South Pasadena market.

Lastly, we want to take a moment to recognize one of our brightest upcoming stars, Michael McNulty. In only one year in this tough business, he has already closed 6 transactions, has 2 more in escrow, and one currently active listing. He is quickly becoming one of the top agents in the Pasadena and surrounding markets, and he is a likely candidate to become our office's Rookie of the Year for 2019!

To learn more about this sale, or to get a free comprehensive evaluation done on your property, please contact us today! To see a list of our available inventory for sale, please click the link at the bottom of this email.

Michael McNulty

Associate

O: (818)-212-2709

M: (818)-359-9530

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