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113 N Grand Oaks Ave 8 Unit Apartment Building £2,132,208 (£266,526/Unit) 5.25% Net Initial Yield Pasadena, CA 91107

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EXECUTIVE SUMMARY

8-unit multifamily property located in the heart of Pasadena. This well-maintained two-story building sits on a 8,507sf lot and offers approximately 6.448sf of rentable living space. Each of the 8 units features 2 bedrooms and 1 bathroom, approximately 800sf in size, with amenities including central air conditioning and in-unit laundry or hookups. Property has charming curb appeal with updated exterior paint, gated driveway, and covered parking for tenants.

ATTACHMENTS

OM 113

PROPERTY FACTS

Price £2,132,208
Price Per Unit £266,526
Sale Type Investment
Yield 5.25%
No. Units 8
Property Type Build-to-Rent
Property Subtype Apartment
Apartment Style Low-Rise
Costar Property Class C
Total Plot Size 0.20 ac
Property Size 6,448 sq ft
Average Occupancy 100%
No. Floors 2
Year Built 1979
Parking Allocation 3.72/1,000 sq ft
Use Class PSR3 - R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max)

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Kitchen
  • Oven
  • Tub/Shower
  • Carpet
  • Dining Room
  • Family Room
  • Vinyl Flooring

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT PCM sq ft
2+1 8 - 800
Walk Score®
Easily Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5746-008-064
Land Assessment
£779,934
Improvements Assessment
£1,170,658
Total Assessment
£1,950,592
  • Listing ID: 35243682

  • Date on Market: 24/03/2025

  • Last Updated:

  • Address: 113 N Grand Oaks Ave, Pasadena, CA 91107

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