We are pleased to present the opportunity to acquire a rare, partially remodeled, 24 unit multi-family investment opportunity at 275 South Oakland Avenue in Pasadena, California. Built in 1962 and well maintained by the current ownership, this 27,525 square foot building consists of ten 2 bedroom 1.75 bath units, five 2 bedroom 1 bath units and nine 1 bedroom 1bath units. Located on one of the best streets in Pasadena, all 24 units have central heating and air conditioning along own individual meters for gas and electricity. Recent upgrades to the property include an updated modern elevator cab interior and renovated pool. The property features a secured entry and lobby, 34 on-site gated parking spaces, balconies in select units and laundry facilities on each floor. With an outstanding Walk-Score of 88, this provides residents an abundance of walking distance amenities, countless dining options, entertainment venues & shopping. Given the property's unmatched location and opportunity for earning potential, 275 South Oakland is a generational asset that can offer investors strong risk-mitigated returns and long-term appreciation.
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DAYS ON MARKET
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7
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LAST UPDATED
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6/21/2022
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YEAR BUILT
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1962
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COMMUNITY
|
Pasadena (SE)
|
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COUNTY
|
Los Angeles
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STATUS
|
Active
|
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PROPERTY TYPE(S)
|
Residential Income
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|
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| AMENITIES |
Controlled Access, Pool |
| APPLIANCES |
Dishwasher |
| AREA |
Pasadena (SE) |
| GARAGE |
Controlled Entrance, Covered |
| HEAT |
Central |
| HOA DUES |
0 |
| LOT |
0.37 acre(s) |
| PARKING |
Controlled Entrance,Covered |
| POOL |
Yes |
| POOL DESCRIPTION |
In Ground,Association |
| STORIES |
3 |
| ZONING |
PSR4 |
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Listing provided by : Benjamin J. Hsiang CalDRE: 01438644 | 424-377-6001, Realty Investment Advisors, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from CARETS as of 6/27/22 8:34 PM PDT. The information being provided by CRMLS & CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
This IDX solution is (c) Diverse Solutions 2022.
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