For reference only, please check the current exchange rate
Los Angeles, Molino, 218 N El Molino Ave. Pasadena CA 91101
Bedroom
1 - 3
Bathroom
Interior Area
824 - 1324 sqft
Building Area
Year of Completion
--
Lot Size
Property Type
Flat / Apartment
Year of Completion
--
Lot Size
Featuring
Prime Location
International Investment Hotspot
① Excellent location:
It is located in the central area of Pasadena, only 1800 meters away from the California Institute of Technology. There are many restaurants to choose from within a 5 - minute walk from the door.②. Convenient for self-occupation:
24-hour access control. It's safer to enter the apartment by swiping a card in the elevator. The ready-to-move-in property allows you to move in right after purchase. It is equipped with gas to satisfy Chinese palates. The building has a gym, a reception room, a reading area, and a rooftop park. Each household has a private parking space, meeting the living habits of young people.③. Investment Value:
The average household income in Pasadena is as high as $148,000. High-income groups continue to gather here, ensuring a stable source of tenants. Moreover, new high-quality apartment buildings with clubhouse facilities are scarce, making them the top choice for tenants. The developer also offers a rental guarantee service in the first two years. Once the property is transferred, you can start collecting rent, with a net return rate of up to about 4 - 4.5%.④. Low property tax:
The property tax is a basic 1.1%, and there is no special development tax.⑤. Each household comes with a private parking space.
Studio apartments and one-bedroom units come with one parking space. Two-bedroom and three-bedroom units come with two parking spaces.
Disclaimer: Floor plan data (room sizes, dimensions) may differ due to measurement errors. Please refer to the official property deed for accuracy.
Investment Return
Indicators such as investment return amount are estimated for reference only For investment insights and sales history, please contact the agent on the right