• Acquisition Price:  $435,000
• Disposition Price:  $890,000
• Holding Term (months):  12 Months

Four-unit apartment building located in Northeast Pasadena. A $40,000 renovation was invested to bring the building to HUD Section 8 living standards. The property was purchased in June 2003 for $435,000. It was sold for $890,000 in June 2004.