402 S Oakland Ave | Pasadena, CA 91101
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
402 S Oakland Ave
Pasadena, CA 91101
Multifamily Property For Sale · 6 Units
Investment Highlights
- Class A Location: Situated near California Institute of Technology, Pasadena City College. Minutes from Pasadena Playhouse and Old Town Pasadena
- Investment Appeal: Inflation and recession-proof investment. Easy to rent units due to the prime location
- Opportunity for Enhancements: Ideal for long-term tenant retention and consistent rental demand, particularly from students, faculty, and staff
- Value-Add Apartment: Approximately 27% rental upside potential. Great location scores: Walk Score 76, Bike Score 84, Transit Score 63
- Property Details: Six units with individual meters for electricity and gas.
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 7,105 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.69/1,000 SF |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 7,105 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.69/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Heating
- High Speed Internet Access
- Refrigerator
- Range
- Carpet
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,627 | 750 |
| 2+2 | 2 | $2,121 | 1,250 |
| 3+2 | 2 | $2,516 | 1,555 |
PROPERTY TAXES
| Parcel Number | 5734-009-014 | Improvements Assessment | $852,767 |
| Land Assessment | $162,190 | Total Assessment | $1,014,957 |
PROPERTY TAXES
Parcel Number
5734-009-014
Land Assessment
$162,190
Improvements Assessment
$852,767
Total Assessment
$1,014,957
zoning
| Zoning Code | PSR3 |
| PSR3 |
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
