MW Pasadena Apartment

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.

Students, teachers, accountants, and doctors in the surrounding area are the main groups for purchasing and renting properties.

Overview of Pasadena City 1. Rich in historical and cultural heritage: It belongs to the Los Angeles metropolitan area and was established in 1986. It is one of the earliest - established cities in Los Angeles County and the ninth - largest city in the county. The total population is about 131,000, with Asians accounting for about 18%. It has a diverse ethnic mix and a strong sense of life. 2. Economically developed: It ranks among the top in the United States in high - tech, higher education, tourism, sports, luxury housing, and business. It is the location of NASA's Jet Propulsion Laboratory (JPL), which undertakes important R & D tasks. 3. Top - notch academic resources: It is the home of the California Institute of Technology. Among its alumni, there are 46 Nobel laureates. Chinese scientists such as Qian Xuesen and Zhou Peiyuan have also studied or taught here. In 2021, it ranked fourth in the QS World Ranking and seventh in the U.S. News World Ranking. There are also more than 20 private schools, including a high school ranked among the top 30 in the United States. 4. Reputation as the "City of Roses": The Rose Parade held here on New Year's Day every year is one of the three major New Year celebration events in the United States, attracting tourists from all over the world. The Rose Bowl Stadium is an iconic building in the city and has hosted many major events such as the Olympics and the FIFA World Cup. The football semi - finals and finals of the 2028 Olympics will also be held here. 5. Livable and leisure life: It has a beautiful environment, located at the foot of the San Gabriel Mountains. The climate is pleasant, and there is plenty of sunshine throughout the year. It has convenient transportation, with subways and highways connecting to downtown Los Angeles. The living facilities are complete, with both luxury residential areas and communities suitable for young people and students.