x
Address
251 N Oakland Avenue Pasadena, CA
Price
$ 7,150,000
Property Attributes
  • MLS#AR19215754
  • TypeIncome
  • CountyLOS ANGELES
  • CityPasadena
  • AreaPasadena
  • Zip91101
  • Style
  • Price$ 7,150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7712
  • Lot Size9,784 SqFt
Listing Provided Courtesy Of:
Handoko Chen with GIG Real Estate Inc..
Property Description

251 N Oakland Ave is a turn-key, fully upgraded, and 100% occupied 14 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 properties offer 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 1954 and offers an attractive mix of courtyard layouts, in-unit laundry. 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 12 subterranean parking spaces and a common area in the back. 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.

Price History
9/9/2019 Listed $7,150,000

General Features

Accessibility See Remarks
Assessments Buyer to Verify
Attached Structure Attached
Community Features Urban, Valley
Directions south of 210 FWY, one block east of Los Robles Ave, north of Walnut St
Flooring See Remarks
HOA Fee 0.00
Levels Two
Listagentaor Arcadia
Listing Agent Handoko Chen - BRE#01749321
Listing Agent State License 01749321
MLS Area 647 - Pasadena (SW)
Price Per Square Foot 927.13
Property Attached Y/N Yes
Source System CRMLS
Spa Features None
Special Listing Conditions Standard
Total Units 14
Zoning PSC-

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Air Conditioning Y/N Yes
Common Walls 2+ Common Walls
Cooling Electric, High Efficiency, SEER Rated 16+
Dishwasher Count 14
Garbage Disposal Count 14
Heating ENERGY STAR Qualified Equipment, High Efficiency, Combination
Heating Y/N Yes
Laundry Features Dryer Included, Inside, Washer Included
Laundry Y/N Yes
Number of Wall ACs 14
Range Count 14
Refrigerator Count 14
Studio Area Unit Type Square Feet
Total Stories 2
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Exterior Features

Building Area Total 7712.00
Carport Spaces 12.00
Garage Spaces 0.00
Lot Features Level with Street, Irregular Lot, Level, Near Public Transit
Lot Size Acres 0.2246
Lot Size Area 9785.0000
Lot Size Source Assessor
Lot Size Square Feet 9785.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 15
Number of Separate Gas Meters 15
Number of Separate Water Meters 1
Parking Features Assigned
Parking Y/N Yes
Pool Features None
Sewer Public Sewer
Total Parking 12.00
Uncovered Spaces 0.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91101

Price
AVG $8.41M
$7.15M
Visits
AVG 68
30
Year Built
AVG 1951
1954
Walkscore
AVG 82
82
Data Provided by Walkscore ® not using MLS data

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