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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Pasadena, CA
Listed for sale 3 days ago
$ 475,000
ROI
21.9
Cash Flow/m
277- 2 Bed
- 1 Bath
- 876 sft
355 S Los Robles Ave Unit 210, Pasadena, CA, 91101
Rental Income
Listed for sale 6 days ago
$ 369,000
ROI
22.3Cash Flow/m
257- - Bed
- 1 Bath
- 555 sft
972 E State St #207, Pasadena, CA, 91105
$ 588,000
ROI
21.5Cash Flow/m
232- 2 Bed
- 2 Bath
- 1159 sft
65 N Allen Ave #305, Pasadena, CA, 91106
$ 569,000
ROI
23.1Cash Flow/m
476- 2 Bed
- 2 Bath
- 982 sft
1015 N Michillinda Ave APT 302, Pasadena, CA, 91107
Why Invest in Pasadena, California?
Investing in Pasadenian condos presents a prime opportunity given the city's vibrant real estate market. With an average rental yield of 5.2% and an appreciation rate of 7% over the past year, this location shows strong potential for savvy investors. The combination of an average cash flow of $2,500 and a cap rate of 6.3% further solidifies why you should consider this market for your next investment.
12%
Avg. ROI
5.2%
Rental Yield
6.3%
Cap Rate
$2500/mo
Avg. Cash Flow
$3200/mo
Avg. Rent
7%
1Y Appreciation
Frequently Asked Questions
The average rental price for condos in Pasadena is around $3,200 per month, reflecting the city's desirability and rental demand.
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