745 Elmira Street, Pasadena, California 91104

Growth Investment Group is proud to offer for sale 745 Elmira St., a rare, partially renovated 5-unit apt. property with over $9,300rnmonthly income nestled between the calm, quiet Orange Heights and Olive Heights neighborhoods of Pasadena. This property has not been on the market in 25+ years, and represents a golden opportunity to acquire 5 well-maintained, high-income units in a desirable, suburban rentalrnmarket. With over 9,000 SF of lot area (ADU Potential, buyer to verify), 745 Elmira St. features a comfortable 2B+1B unit and 4 well-keptrnstudio units, 2 of which have been extensively renovated with laminate flooring, granite countertops, updated kitchens/baths,rnetc. The property saw strong collections throughout the pandemic. Tenants enjoy quick access to the 210 Freeway, walking distance from the retail corridors on Lake Ave. and Orange Grove Blvd.rnrn745 Elmira Street boasts vintage curb appeal and modest charm. A new investor enjoys strong year-1 rental income supplementedrnby refurbished storage area income and a shared laundry (washer/dryer) unit on-site. The property is just a short drive fromrnamenities like the Norton Simon Museum, Old Town Pasadena, the Rose Bowl, the Huntington Library, South Lake Ave., andrnCaltech. Please submit proof of funds and/or loan approval with all offers.