South Pasadena (CA) commercial apartment / condominium building for lease, South Pasadena (CA) commercial real estate for lease or rent

A South Pasadena apartment or condominium building for lease may be available from an owner in South Pasadena (CA) who doesn't want to sell because of tax reasons, and doesn't want the continued responsibility of day to day running the operation. Understand the motivation of the South Pasadena (CA) owner and make sure the numbers work.

South Pasadena rental properties make a great investment income, but having to pay large down payments for South Pasadena (CA) property can eat up capital you may need for future repairs or South Pasadena (CA) property improvements and developments, by utilizing a master lease option you can save the up-front costs, build equity into your South Pasadena (CA) property and finance via bank loans at a later date. Have a good lawyer write up your real estate contract to protect your future plans, and research the South Pasadena (CA) property for any bank holding or liens.