251 Oakland Avenue Pasadena, CA - 91101

Pasadena Homes For Sale
Homes for Sale in Zip Code 91101
MLS# AR20035260
Pasadena Homes For Sale
Pasadena
Pasadena CA
Pasadena Homes For Sale
Homes for Sale in Zip Code 91101
MLS# AR20035260
Pasadena Homes For Sale
Pasadena
Pasadena CA
Pasadena Homes For Sale
Homes for Sale in Zip Code 91101
MLS# AR20035260
Pasadena Homes For Sale
Pasadena
Pasadena CA
Pasadena Homes For Sale
Homes for Sale in Zip Code 91101
MLS# AR20035260
Pasadena Homes For Sale
Pasadena
Pasadena CA
Pasadena Homes For Sale
Homes for Sale in Zip Code 91101
MLS# AR20035260
Pasadena Homes For Sale
Pasadena
Pasadena CA
Pasadena Homes For Sale
Homes for Sale in Zip Code 91101
MLS# AR20035260
Pasadena Homes For Sale
Pasadena
Pasadena CA
Pasadena Homes For Sale
Homes for Sale in Zip Code 91101
MLS# AR20035260
Pasadena Homes For Sale
  • Status Active
  • MLS# AR20035260
  • List Price $14,350,000
  • Bedrooms N/A
  • Days On Market 134
  • Acres 0.4756
  • Sq.ft 17370
  • Sale Type Standard
  • Type ResidentialIncome
  • Sub Type Apartment
  • Built Year 1954

Property Description

THE ARROYO COLLECTION, a two-property portfolio totaling 27-unit 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 properties offer an investor the rare opportunity to own an excellent portfolio of real estate in one of the most coveted submarkets in the SGV. The properties, all of which have been completely renovated and seismically retrofitted, offer a solid mix of courtyard layouts, in-unit laundry and multiple on-site laundry facilities for, and are well-parked with 25 total parking spaces, nearly all of which are covered. The properties are separately metered for gas and electric, and each property 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. All of the units have undergone a top-to-bottom renovation with full electrical and plumbing upgrades, new high durability wood vinyl and tile flooring, new windows, state of the art mini-split HVAC systems, new kitchens, which include new cabinets, quartz countertops, and new stainless steel appliances, and new bathrooms with new vanities, toilets, bathtubs, and name brand fixtures. A new owner is presented with the security of in-place master leases for both properties.

Features & Utilities

  • Water Public
  • Sewer Public Sewer
  • Fireplace None
  • Pool None
  • Common Walls 2+ Common Walls
  • Community Urban,Valley
  • Cooling ENERGY STAR Qualified Equipment,High Efficiency,SEER Rated 16+
  • Driving Directions FWY 210 exit Fair Oaks Ave, go east on Corson St towards Los Robles Ave, make right on Oakland Ave - buildings are on the right hand side
  • Heating ENERGY STAR Qualified Equipment,High Efficiency,Combination
  • Laundry Room Dryer Included,Inside,Washer Included
  • Lot Features Lot Over 40000 Sqft,Irregular Lot,Level,Near Public Transit
  • Carport Spaces 25.00
  • Uncovered Spaces 0.00
  • Operating Expense 220679.00
  • Parking Features Assigned
  • Stories Two
Courtesy of Listing : GIG Real Estate Inc., Handoko Chen

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