7307 Pasadena Boulevard

About this property

Excellent investment opportunity! This well-maintained 4-family apartment building has been under continuous professional management since 2017 and offers a strong rental history with additional upside potential. Each of the four units features an identical 1-bedroom, 1-bathroom floor plan with hardwood flooring throughout the living areas and bedrooms, tile flooring in the kitchens and bathrooms, separate HVAC systems, and individual utility systems. Three units are currently occupied, including two long-term tenants who have been in place since 2016 and 2017, while the third occupied unit was leased in April 2026. The fourth unit recently became vacant after a long-term tenancy, providing an excellent opportunity for an owner-occupant or for a new tenant at current market rent. The shared basement offers washer and dryer hookups for each unit, along with a designated storage area for every apartment. Water, sewer, and trash are included in the rent. Recent capital improvements include major plumbing updates completed in 2026, eight replacement windows installed in 2024, and an electrical system update. This turnkey investment has been professionally managed for years and offers stable occupancy, separate mechanical systems, and immediate value-add potential through leasing the vacant unit. Whether you're expanding your portfolio or purchasing your first multifamily property, this is an opportunity you won't want to miss.