Single Family with Strong ARV · Pasadena, CA · Built 1936

About this deal

Value-add single-family home located at 35 N. LAKE AVENUE, Pasadena, CA — 1,936 sq ft built in 1936. Listed at $535,000. Needs light updates to maximise market value. Seller is motivated; cash or hard money preferred with a 30-day close.

The numbers

Cap rate

7.4%

Net operating income

$31,188/yr

Cash flow

+$2,599/mo

Occupancy

1 of 2 units

Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.