
1287 Elmwood Terrace,
Pasadena, CA 91103
Pasadena, CA, 91103
Prepared by Blackstone Advisory Group
Valuation Summary
- Market value
- $4,900,000
- Conservative (-5%)
- $4,655,000
- Premium (+5%)
- $5,145,000
- Confidence
- 88%
- Report type
- BOV
- $/unit
- $272,222
Subject Property
- Units
- 18
- Property type
- Multifamily
- Living area
- 14,860 sqft
- Year built
- 1987
- Lot size
- 21,780 sqft
- $/sqft
- $329.74
Executive Summary
The subject is an 18-unit multifamily asset positioned within an established Pasadena residential corridor. Its durable income profile, balanced unit mix, and access to regional employment support a market value conclusion of $4.90 million.
