$2,680,000

610 N Oakland Avenue, Pasadena, CA 91101

6,904 sqft

other
Built in 1958
0.29acre lot
—— car garage
$388/sqft
Listed 5 months ago

Property Description

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.

Listing Status:: Active
Date Added:: June 30, 2025 at 05:00AM
Listing Office:: Triqor Group : 949-756-3232
Listing Agent:: Ryan Loria :
MLS ID:: CRPW25146387

Laundry: Other

County: Los Angeles

Zoning: PSR15731005060

This listing courtesy of Ryan Loria, Triqor Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Madison Elementary School

515 E Ashtabula St, Pasadena, CA, 91104

Grades PK-5

0.19 miles away

Washington STEAM Multilingual Academy

1505 N Marengo Ave, Pasadena, CA, 91103

Grades 6-8

1.15 miles away

Rose City High (Continuation)

351 S Hudson Ave, Pasadena, CA, 91101

Grades 9-12

1.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.