12
See all 12 photos
$2,680,000
Est. payment /mo
3 Beds
2 Baths
New
610 N Oakland Avenue Pasadena, CA 91101
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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
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
Tax ID 5731005060
Listed by Ryan Loria Triqor Group
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