1590 N Fair Oaks Ave
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1590 N Fair Oaks Ave
14 Unit Apartment Building $3,895,000 ($278,214/Unit) 5.30% Cap Rate Pasadena, CA 91103
Executive Summary
A unique opportunity to purchase this North Fair Oaks, Pasadena fourteen (14)unit multi-family property. Originally built in 1960, the building was purchased by the current owner in 2013 and has undergone a full rehabilitation to its current state and condition. Low vacancy, high occupancy pride of ownership property.
For all tours (by appointment only) or additional information, please contact Brokers.
* 14 units
* Thirteen (13) 2+1 units, one (1) 1+1 unit
* Nearby access to 5/2/210/134 freeways
* Gated common areas
* Close to Downtown Pasadena, restaurants and entertainment, Rose Bowl
For all tours (by appointment only) or additional information, please contact Brokers.
* 14 units
* Thirteen (13) 2+1 units, one (1) 1+1 unit
* Nearby access to 5/2/210/134 freeways
* Gated common areas
* Close to Downtown Pasadena, restaurants and entertainment, Rose Bowl
Property Facts
| Price | $3,895,000 | Apartment Style | Low Rise |
| Price Per Unit | $278,214 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.26 AC |
| Cap Rate | 5.30% | Building Size | 9,064 SF |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | Parking Ratio | 1.54/1,000 SF |
| Price | $3,895,000 |
| Price Per Unit | $278,214 |
| Sale Type | Investment |
| Cap Rate | 5.30% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 9,064 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.54/1,000 SF |
Unit Amenities
- Balcony
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 13 | - | - |
| 1+1 | 1 | - | - |
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Bike Score ®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 5836-025-028 | Improvements Assessment | $721,091 |
| Land Assessment | $1,442,186 | Total Assessment | $2,163,277 |
PROPERTY TAXES
Parcel Number
5836-025-028
Land Assessment
$1,442,186
Improvements Assessment
$721,091
Total Assessment
$2,163,277
zoning
| Zoning Code | SR (Low-Density Residential) |
| SR (Low-Density Residential) |
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1590 N Fair Oaks Ave
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