This listing presents a rare opportunity to acquire a combination of three lots being marketed together as one parcel. The offering includes two commercial lots and one residential lot, creating flexibility for investment, redevelopment, or owner use. The residential lot is currently leased at $1,800 per month house is around 1408 sqft, providing immediate rental income. Commercial spaces offers leasing potential up to $1.50 per square foot, while the backend land is currently rented at $500 per month, adding additional income. This blended income stream makes the property attractive for investors seeking stable cash flow with upside potential. Total Rental income as of now is $2300 a month 2 commercial spaces can potentially increase rent by approx $3800 The property is available for both sale and lease, giving buyers and tenants multiple options depending on their needs. The seller has placed no restrictions on future use, ensuring flexibility for redevelopment, expansion, or repositioning. Prospective buyers or tenants are encouraged to verify details on their own. This property offers multiple revenue streams today with the potential for significant future appreciation. Whether purchased as an investment asset with existing tenants or repurposed for owner use, the property represents a versatile opportunity in a growing market. Key features include: Three combined lots (two commercial, one residential) Current rental income streams from residential and frontage land Commercial leasing opportunity at competitive market rates Corner Lot Extremely High Traffic Strong location with visibility and accessibility Suitable for investors or owner-users seeking long-term value 2 Commercial stand alone buildings, 1110 sqft and 1433 sqft respectively.

Non Disclosure Agreement

Non Disclosure Agreement Las Plazas Apartments boast a prime location with easy access to Interstates 45 and 610, offering convenient travel throughout the state. Just minutes away from top dining, shopping, and entertainment, the property is also located within the highly regarded Pasadena Independent School District. The community offers five spacious floor plans, including one, two, and three-bedroom units. Residents enjoy features like private balconies or patios, ceiling fans, air conditioning and heating, and ceramic tile flooring. Pet-friendly, Las Plazas also includes a dedicated bark park. Additional amenities include gated access, on-site and on-call maintenance, and an on-site laundry facility. Between 2016 and 2019, the property underwent significant renovations and repairs totaling $1,351,681. A new roof is installed in 2025. Additionally, 19,000 sqft of the land will be conveyed with the apartment complex. This property is available for purchase via loan assumption, cash purchase, or a new loan, with approximately five years remaining on a Fannie Mae loan at a 3.35% interest rate, which can be transferred to the buyer. The total outstanding debt is approximately $3.2 million. Unit Mix: 1 Bed / 1 Bath – 44 units 2 Bed / 1 Bath – 32 units 3 Bed / 1 Bath – 2 units 3 Bed / 1.5 Bath – 2 units Financial Details: Approximately:  $3.2M (Fannie Mae, 3.35% interest, ~5 years remaining)    

Non Disclosure Agreement This high-visibility property boasts impressive sales figures, making it a lucrative investment in a thriving area. Whether you’re looking to expand your business or start fresh, this space offers endless opportunities for growth. Confidential Agreement