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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



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.
PROPERTY FACTS
| Price | £2,132,208 | Costar Property Class | C |
| Price Per Unit | £266,526 | Total Plot Size | 0.20 ac |
| Sale Type | Investment | Property Size | 6,448 sq ft |
| Yield | 5.25% | Average Occupancy | 100% |
| No. Units | 8 | No. Floors | 2 |
| Property Type | Build-to-Rent | Year Built | 1979 |
| Property Subtype | Apartment | Parking Allocation | 3.72/1,000 sq ft |
| Apartment Style | Low-Rise | ||
| Use Class | PSR3 - R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max) | ||
| 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 |
1 1
Walk Score®
Easily Walkable (88)
PROPERTY TAXES
| Parcel Number | 5746-008-064 | Improvements Assessment | £1,170,658 |
| Land Assessment | £779,934 | Total Assessment | £1,950,592 |
PROPERTY TAXES
Parcel Number
5746-008-064
Land Assessment
£779,934
Improvements Assessment
£1,170,658
Total Assessment
£1,950,592
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113 N Grand Oaks Ave
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