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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in South Pasadena, CA
$ 699,000
ROI
23.2
Cash Flow/m
609- 2 Bed
- 2 Bath
- 1131 sft
1857 Diamond Ave, South Pasadena, CA, 91030
$ 675,000
ROI
25.1Cash Flow/m
926- 2 Bed
- 2 Bath
- 1041 sft
1515 Oak St APT 36, South Pasadena, CA, 91030
$ 749,000
ROI
23.1Cash Flow/m
628- 2 Bed
- 2 Bath
- 1142 sft
1520 Spruce St APT 7, South Pasadena, CA, 91030
$ 1,188,888
ROI
22.1Cash Flow/m
563- 3 Bed
- 2 Bath
- 1711 sft
900 Arroyo Dr APT 1, South Pasadena, CA, 91030
Why Invest in South Pasadena, California?
Investing in condos in South Pasadena offers a unique opportunity in the thriving Los Angeles market. With a steadily increasing rental yield and appreciation rates, this area is poised for growth. Investors can expect an average cap rate of around 5% and solid cash flow, making it an attractive option for real estate portfolios.
7%
Avg. ROI
4.5%
Rental Yield
5%
Cap Rate
$300/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
6%
1Y Appreciation
Frequently Asked Questions
The average rent for a condo in South Pasadena is approximately $2,500 per month, reflecting the area's desirability and current market conditions.
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