Five%20units%20in%20prime%20South%20Pasadena%20location!%20334%20Pasadena%20Avenue%20is%20comprised%20of%20one%202BD/1BA%20unit%20and%20four%201BD/1BA%20units,%20all%20separately%20metered%20for%20electric%20and%20water.%20The%20property%20currently%20operates%20at%20a%2024.29%20GRM%20and%202%%20cap%20rate%20and%20boasts%20a%2070%%20upside%20in%20rents%20and%20chance%20to%20add%20additional%20income%20from%20laundry%20room,%20storage%20and%20parking%20allowing%20the%20building%20to%20operate%20at%20a%20GRM%20of%2013.85%20and%20pro%20forma%20cap%20rate%20of%204.9%.%20Built%20in%201961,%20the%20property%20has%20been%20well%20maintained%20with%20no%20deferred%20maintenance.%20Great%20location!%20Walking%20distance%20to%20Metro%20stop,%20close%20to%20Arroyo%20Vista%20Elementary%20School%20and%20Arroyo%20Seco%20Raquet%20Club.%20Please%20email%20for%20complete%20offering%20package.
Five%20units%20in%20prime%20South%20Pasadena%20location!%20334%20Pasadena%20Avenue%20is%20comprised%20of%20one%202BD/1BA%20unit%20and%20four%201BD/1BA%20units,%20all%20separately%20metered%20for%20electric%20and%20water.%20The%20property%20currently%20operates%20at%20a%2024.29%20GRM%20and%202%%20cap%20rate%20and%20boasts%20a%2070%%20upside%20in%20rents%20and%20chance%20to%20add%20additional%20income%20from%20laundry%20room,%20storage%20and%20parking%20allowing%20the%20building%20to%20operate%20at%20a%20GRM%20of%2013.85%20and%20pro%20forma%20cap%20rate%20of%204.9%.%20Built%20in%201961,%20the%20property%20has%20been%20well%20maintained%20with%20no%20deferred%20maintenance.%20Great%20location!%20Walking%20distance%20to%20Metro%20stop,%20close%20to%20Arroyo%20Vista%20Elementary%20School%20and%20Arroyo%20Seco%20Raquet%20Club.%20Please%20email%20for%20complete%20offering%20package.