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32-unit apartment community in Pasadena offering strong value-add potential. Built in 1956, this 2-story Class C/D property features approx. 26,094 SF of building area on a 38,781 SF lot with 40+ parking spaces (approx. 1.5 per 1,000 SF). Prime location minutes from SH 225 (Pasadena Fwy) and Beltway 8, with quick access to Spencer Hwy, Southmore Ave, Pasadena Blvd, Fairmont Pkwy, Burke Rd, and Cre
32-unit apartment community in Pasadena offering strong value-add potential. Built in 1956, this 2-story Class C/D property features approx. 26,094 SF of building area on a 38,781 SF lot with 40+ parking spaces (approx. 1.5 per 1,000 SF). Prime location minutes from SH 225 (Pasadena Fwy) and Beltway 8, with quick access to Spencer Hwy, Southmore Ave, Pasadena Blvd, Fairmont Pkwy, Burke Rd, and Crenshaw Rd. Near Pasadena ISD schools including Morales Elementary, Jackson Intermediate, and Pasadena High School. Ideal for investors looking to reposition, renovate, and raise rents, or an owner-occupant seeking a hands-on income property. Flexible commercial potential for alternative strategies, subject to city requirements. A strategic long-term hold in an established Pasadena neighborhood. Buyer to independently verify all information, including measurements, unit count, school assignment, and permitted uses.