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610 North Oakland Avenue

Pasadena CA 91101

3
2
12718 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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 5.7%, 7.1% with market rents.

Features

3 bedrooms
2 bathrooms
12718 sq. ft. lot size
Multi-Family

Happy sellers in Pasadena

~%

We have insufficient information to provide an overview of customer satisfaction for Pasadena. Viewing the agent profiles, reviews and sales for Pasadena can provide insights for this location.

Local market activity for 3 bedroom multi families in Pasadena

In the last 12 months, 4 three-bedroom multi families similar to 610 North Oakland Avenue, have been sold.

This represents a 300% decrease in three-bedroom multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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