The California apartments offer investors a unique opportunity to acquire a 31-unit apartment complex in a prime Pasadena location adjacent to Millionaire’s Row, an exclusive residential district distinguished by historic estates, landmark architecture, and upscale condominiums and apartments. The property is situated within a short distance of Old Town Pasadena, Paseo Colorado, California Institute of Technology, and Huntington Memorial Hospital. Millionaire’s Row is the location where the world-famous Rose Parade begins each New Year’s Day. The Tournament of Roses Association now occupies the former Wrigley (Nickel) Mansion, which is located around the corner from the property. The complex is located a few blocks from the Metro Gold Line, which provides the convenience of traveling from Pasadena to downtown Los Angeles in just 36 minutes. The property has an ideal mix of apartments: Two 1-bed + den units with 1-3/4 baths (1,154 sf + large patio or balcony). Twenty-seven 2-bed units with 1-3/4 baths (1076-1282 sf + large patio or balcony). Two 3-bed penthouse units with 2-1/2 baths (2261 sf + oversized balcony). Tenants benefit from spacious living quarters, private balconies or patios, convenient parking, and on-site laundry facilities.