160 N Holliston Ave
160 N Holliston Ave
Pasadena, CA 91106
$3,600,000
12 Unit Multifamily - Stellar Pasadena Location!
$3,600,000
Pasadena
About this property

160 N. Holliston Ave “The Holliston” built in 1962 is in Pasadena which is considered one of the best places to live. This 12-unit apartment building consists of 8,984 Sq. Ft. and resides on a 12,318 Sq. Ft. lot. The Holliston is comprised of (4) 2-bedrooms + 1-bathroom units, and (8) 1-Bedroom + 1-Bathroom units. On-site laundry is available to the tenants along with 12 covered parking spaces. Current rents are well below market and the opportunity exists for a new owner to add value and maximize rents resulting in a stabilized 5.6%+ Cap Rate. The location of The Holliston is in the highly desirable rental market of Pasadena, known for its trendy eateries, outdoor activities, and pride of ownership location where tenants are willing to pay a premium to live in one of the best neighborhoods in all of Los Angeles.

16beds
12baths
8,984sqft
12,318sf lot
Amenities
  • • First time on the market in 45 years
  • • Stellar Pasadena Location
  • • True Value Add Opportunity
  • • High demand rental area
  • • 9 Carport Parking Spaces
  • • Laundry On-Site
Photos
Video
Presented By

David Weinberger

Executive Vice President | The Seymour Group
The Seymour Group
818.432.1612
DRE: 01349349

Megan Husri

Vice President of Operations|The Seymour Group
The Seymour Group
323.628.6356
DRE# 02089901

Phil Seymour

President
The Seymour Group
310.612.9800
DRE#00630158
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