Listed by Benjamin Hsiang, Realty Investment Advisors, Inc.,

275 S OAKLAND Avenue

Pasadena, CA, 91101

$11,880,000

$431 per ft²
$11,880,000
$431 per ft²
Pending
Pending
 - For Sale
carpenters-square
27,525 ft²
property_type
Multi-family
calendar
Built 1962
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.
MLS® ID:
22170471
Listed:
6/20/22
Updated:
8/17/22
Keller Williams
Dave Knight Real Estate Team

Interior Features

Kitchen Appliances
Dishwasher
Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Common Area, Laundry Room
Cooling
Central Air
Heating
Central

Exterior/Building Features

Lot Size
0.37 acres lot

Other Property Details

Area Name
648 - Pasadena (SE)
HOA Amenities
Controlled Access, Pool
Garage
No
Parking
Controlled Entrance, Covered
Parking Total
34.0
View
N
County
Los Angeles
Pool
No
Pool Description
In Ground, Association
Total Stories
3
Zoning
PSR4

Property History

Date
Event
Price
Value
7/29/22
Pending
-
-

 

Listed by Benjamin Hsiang, Realty Investment Advisors, Inc.,

Based on information from California Regional Multiple Listing Service, Inc. as of 8/17/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 7:21 AM UTC, 8/17/22

Keller Williams
Dave Knight Real Estate Team
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