Closed
275 S OAKLAND Avenue
Pasadena CA, 91101
$10,500,000
$381.47 per sqft
Closed
39 Beds
34 Baths
27,525 sqft
Residential
Built in 1962
Listed by Benjamin J. Hsiang with Realty Investment Advisors, Inc. 424-377-6001
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.
22170471
MLSⓇ ID
June 21, 2022
Listed
May 9, 2024
Updated
Map
275 S OAKLAND Avenue
Pasadena CA, 91101
Interior Features
Total Stories
3
Bedrooms
39
Total Bathrooms
34
Appliances
Dishwasher
Laundry Description
Common Area, Laundry Room
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.37 Acres
Other Property Details
Area Name
648 - Pasadena (SE)
Days on Market
38
Association Amenities
Controlled Access, Pool
Garage
No
Parking
Controlled Entrance, Covered
Parking Total
34
View
No
County
Los Angeles
Pool
Yes
Pool Features
In Ground, Association
Zoning
PSR4
Buyer Agency Compensation
1.5%
Listing Contact: 424-377-6001
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 5/9/2024 at 2:50 PM UTC