CA > Pasadena
Pasadena, CA 91101,610 N Oakland Avenue
Pasadena, CA 91101,610 N Oakland Avenue
Pasadena, CA 91101,610 N Oakland Avenue
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Found It Team

Found It Team

+1(800) 790-7576
$2,680,000
Est. payment /mo
3 Beds
0.29 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25146387

Bedrooms 3

Lot Size 0.292 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Oakland Apartments is an 8-unit apartment building located in the desirable city of Pasadena, CA. This property offers an ideal unit mix of large 1- and 2-bedrom units with amenities that include laminate wood flooring, stainless steel appliances, quartz countertops, custom kitchen cabinetry, and upgraded bathrooms. The property features carport parking spaces, individual gas and electric meters, individual water heaters, new windows, a newly upgraded shared laundry facility which is owned, copper plumbing, and a new roof. The property offers an investor the opportunity to acquire a fully occupied asset in excellent condition with approximately 20% upside. Strong in place rents generate a current cap rate of 5.7%, 7.1% with market rents.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction Driving West on E. Villa St., Turn Right Onto N. Oakland Ave., Property Will Be On Your Right

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5731005060

Acceptable Financing Conventional

Listing Terms Conventional

Read Less Info
MLS Router / San Diego MLS
Listed by Ryan Loria Triqor Group

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610 N Oakland Avenue

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