34.151108 -118.14035

303 N Oakland Avenue Pasadena, CA 91101

250101889 34.151108 -118.14035 124 /listing/250101889-150201580/303-n-oakland-avenue-pasadena-ca-91101 False 0 7203000.0 105 AR19215844 False
  • $7,203,000
  • 10,933 lot
  • Est payment $38667.26/mo

Property & Neighborhood Info

Courtesy Of Handoko Chen, GIG Real Estate Inc.

Multi-Family in Pasadena

303 N Oakland Ave, a turn-key, fully upgraded, and 100% occupied 13 units luxury apartment in the City of Pasadena. This property is part of THE ARROYO COLLECTION, a five-property portfolio totaling 80-unit non-rent-controlled apartment investment opportunity in the City of Pasadena, CA. The portfolio is located within the Pasadena Playhouse District, south of 210 Freeway and just within walking distance to Old Town Pasadena area. The property offers an investor the rare opportunity to own an excellent portfolio of real estate in one of the most coveted submarkets in the San Gabriel Valley. The property, which has been completely renovated, was built in 1958. It is a two-story garden style apartment with an excellent curb appeal. It offers an excellent unit mix of six (6) large 2-bedroom+1-bathroom, and seven (7) 1-bedroom+1-bathroom units. It is separately metered for gas and electric, is serviced by new central water heaters. Units are spacious and offer an in-unit combo washer/dryer, stove, dishwasher, garbage disposal, ample closet and storage space, ceiling fans, and new mini-split HVAC systems for heating and cooling. It has 13 parking spaces and in the back. The soft-story parking area has been seismically retrofitted. Several 2nd floor units have private patio with views of San Gabriel Mountains. All of the units have undergone a top-to-bottom renovation with full electrical and plumbing upgrades.

Courtesy Of Handoko Chen, GIG Real Estate Inc.
  1. 10,933 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1958
  • Floors: 2
  • County: Los Angeles County
  • Units: 13
  • Zoning: PSC-
  • MLS Number:AR19215844

Additional Features

  • Cooling:
    • ENERGY STAR Qualified Equipment
    • High Efficiency
    • SEER Rated 16+
  • Laundry:
    • Dryer Included
    • Inside
    • Washer Included
  • Common Walls:
    • 2+ common walls
  • Levels:
    • Two
  • Property Subtype:
    • Apartment
  • Water Source:
    • Public
  • Year Built Source:
    • Assessor
  • Land Size Source:
    • Assessor
  • Lot Features:
    • Level
    • Lot 10000-19999 Sqft
    • Near Public Transit
    • Rectangular Lot
  • Pool Features:
    • None
  • Spa:
    • None
  • Carport Spaces:
    • 13.00
  • Parking:
    • Assigned
  • Parking Spaces:
    • 13.00
  • Electric:
    • Standard
  • Heating:
    • Combination
    • ENERGY STAR Qualified Equipment
    • High Efficiency
  • Sewer:
    • Public Sewer
  • Utilities:
    • Cable Connected
    • Electricity Connected
    • Natural Gas Connected
    • Sewer Connected
    • Water Connected
  • Community Features:
    • Urban
    • Valley
  • Number of Buildings:
    • 1
  • Gross Income:
    • 402876.00
  • Net Operating Income:
    • 295326.00
  • CDOM:
    • 204
  • Assessments:
    • Buyer to Verify
  • Special Conditions:
    • Standard
  • Tenant Pays:
    • Electricity
    • Gas
  • Fuel Exp:
    • 0.00
  • Gross Operating Income:
    • 402876.00
  • Insurance Expense:
    • 3289.00
  • Listing Key:
    • 363399688
  • Lot Size Acres:
    • 0.2510
  • Lot Size Square Feet:
    • 10933.00
  • Operating Expense:
    • 107550.00
  • Price Per SQFT:
    • 745.81
  • Tax ID:
    • 5723005033
  • Total Expenses:
    • 107550.00
Neighborhood info courtesy of Homes.com © 2020

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Gail McClendon
Gail McClendon
Realtor Specialist
27802 Vista Del Lago, E2 Mission Viejo CA 92692
34.151108 -118.14035

303 N Oakland Avenue Pasadena, CA 91101

250101889 34.151108 -118.14035 124 /listing/250101889-150201580/303-n-oakland-avenue-pasadena-ca-91101 False 0 7203000.0 105 AR19215844 False
  • $7,203,000
  • 10,933 lot
  • Est payment $38667.26/mo