771 N Los Robles Ave | Pasadena, CA 91104
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
771 N Los Robles Ave
Pasadena, CA 91104
67% Vacant! First Time for Sale in 28 years · Multifamily Property For Sale · 6 Units
Investment Highlights
- • Extremely rare value-add with 67% vacancy! Four out of Six units will be delivered vacant and furnished.
- • First Time for Sale in 28 years
- • Excellent unit mix of 2bedroom and 1bedroom, garage and open space parking, no soft-story retrofit is required
- • Attractive ±5.25% CAP Rate and over 7% Proforma CAP RATE (Buyer to verify)
- • Highly desirable single story bungalows layout with center courtyard and garage parking
- • Each unit is spacious and bright with original hardwood flooring; each unit has a private patio, individual water heater, mini-split A/C
PROPERTY FACTS
| No. Units | 6 | Building Size | 3,559 SF |
| Property Type | Multifamily | Average Occupancy | 33% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low Rise | Year Built/Renovated | 1937/2016 |
| Building Class | C | Parking Ratio | 2.25/1,000 SF |
| Lot Size | 0.30 AC |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 3,559 SF |
| Average Occupancy | 33% |
| No. Stories | 1 |
| Year Built/Renovated | 1937/2016 |
| Parking Ratio | 2.25/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 450 - 550 |
| 2+2 | 2 | - | 800 - 900 |
PROPERTY TAXES
| Parcel Number | 5725-028-024 | Improvements Assessment | $330,125 |
| Land Assessment | $306,694 | Total Assessment | $636,819 |
PROPERTY TAXES
Parcel Number
5725-028-024
Land Assessment
$306,694
Improvements Assessment
$330,125
Total Assessment
$636,819
zoning
| Zoning Code | RM, Pasadena |
| RM, Pasadena |
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
