CA > Pasadena
Pasadena, CA 91101,610 N Oakland AVE
Pasadena, CA 91101,610 N Oakland AVE
Pasadena, CA 91101,610 N Oakland AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,680,000
Est. payment /mo
0.29 Acres Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25146387

HOA Y/N No

Year Built 1958

Lot Size 0.292 Acres

Property Sub-Type Apartment

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 5.9%, 7.1% with market rents.

Location

State CA

County Los Angeles

Area 645 - Pasadena (Nw)

Zoning PSR1

Interior

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 9

Pool None

Community Features Sidewalks

Total Parking Spaces 9

Private Pool No

Building

Lot Description Irregular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5731005060

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by Ryan Loria Triqor Group 949-756-3232

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