Residential Income - Los Angeles, CA

The Heritage Square Portfolio features 3614-3818 Pasadena Avenue, 106-114 E. Avenue 37 and 103-117 E. Avenue 36 and is comprised of 22 residential units and 3 commercial spaces on 51,492 SF of land. 106-114 E Avenue 37 and 103-117 E Avenue 36 is a 17 unit bungalow-style property sitting on four parcels totaling 38,583 SF of land. Of the 17 units, 15 of them are true bungalows with private entrances, no shared walls, side-yards and backyards. 3614-3618 Pasadena Avenue is a 12,433 SF lot zoned LARAS3. The property consists of three commercial spaces and five residential units that sit above the largest tenant, currently occupied by a garment manufacturer. All commercial tenants are on a month-to-month contract. The portfolio sits directly across the street from the Heritage Square Gold Line station and is eligible for Tier 3 TOC incentives.