1068 N Allen Ave · 2020. 9. 8. · 1068 n allen ave pasadena, ca $1,049,000 kw commercial: 4 (mixed-use) units on allen ave: current pricing analysis & opinion of value 4 w/f stucco:

EXCLUSIVELY LISTED BY APLA GROUP

PRICE: INVESTMENT HIGHLIGHTS:Great Pasadena Location Lack of Inventory on Market

High Demand Rental Location Owner User Opportunity

Two Retail Spaces and Two Residential One Retail Space to Be Delivered Vacant

Unit Mix: 2-1+1 , 2-Commercial Individually Metered for Electrial

PRESENTED BY:

12001 VENTURA PLACE MICHAEL PESCI JAMES ANTONUCCISUITE #404 VP OF INVESTMENTS VP OF INVESTMENTSSTUDIO CITY, CA 91604 BRE # 01274379 BRE # 01822661

(818) 432-1627 (818) [email protected] [email protected]

1068 N Allen AvePASADENA, CA

$1,049,000

KW COMMERCIAL

4 (MIXED-USE) UNITS ON ALLEN AVE CURRENT PRICING ANALYSIS & OPINION OF VALUE

4 W/F Stucco 2,800 4,407 1927 PSC

UNITS CONSTRUCTION BUILDING SF LOT SF YEAR BUILT ZONING

PRICE $ 1,049,000

Down Payment 50% $ 524,500

First Trust Deed 50% $ 524,500

Interest Rate 4.25% APR ARM 30/05

Term 30/5

SCHEDULED GROSS INCOME $ 61,800

Vacancy 3% $ 1,854

GROSS OPERATING INCOME $ 59,946

Expenses 30.5% $ 18,866

NET OPERATING INCOME $ 41,080

Debt Service $ 31,259

1.31

PRE-TAX CASH FLOW $ 9,820

Return % 1.87%

Capitalization Rate 3.92%

Price per Square Foot $ 374.64

MICHAEL PESCI & JAMES ANTONUCCIVP OF INVESTMENTS & VP OF INVESTMENTSBRE # 01274379 & BRE # 01822661(818) 432-1627 & (818) 432-1513

CURRENT SCHEDULED INCOME

1068 N ALLEN AVEPASADENA, CA

COMMENTS

Buyer to obtain a new loan at prevailing market rates and terms.

CURRENT PRICING & FINANCING

Fixed for 5 Years

Debt Coverage Ratio

4 (MIXED-USE) UNITS ON ALLEN AVE

RENT ROLL

UNIT CURRENT MARKETTYPE RENT RENT

1 RETAIL COMMERCIAL $1,200 $1,700

2 RETAIL/VACANT COMMERCIAL $1,600 $1,700

3 Multifamily 1+1 $1,200 $1,550

4 Multifamily 1+1 $1,200 $1,550

$5,200 $6,500


TOTAL:

UNIT # NOTES

4 (MIXED-USE) UNITS ON ALLEN AVEPHOTOS


















4 (MIXED-USE) UNITS ON ALLEN AVEAERIAL VIEW


4 (MIXED-USE) UNITS ON ALLEN AVEPARCEL MAP


4 (MIXED-USE) UNITS ON ALLEN AVESTREET MAP


Documents

1068 N Allen Ave · 2020. 9. 8. · 1068 n allen ave pasadena, ca $1,049,000 kw commercial: 4 (mixed-use) units on allen ave: current pricing analysis & opinion of value 4 w/f stucco: