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48 S Oak Ave
Pasadena, CA 91107
Pasadena 7 Units Built in 1975 · Multifamily Property For Sale
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7 Units
Property Facts
| No. Units | 7 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 5,987 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1975 |
| Building Class | C | Parking Ratio | 1.5/1,000 SF |
| Zoning | PSR3 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 5,987 SF |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 1.5/1,000 SF |
| Zoning | PSR3 |
About 48 S OAK AVE , PASADENA, CA 91107
Jonathan Taksa of RE/MAX Commercial & Investment Realty, Inc. is pleased to offer for sale a well maintained 7 unit apartment building located at 48 S. Oak Avenue in Pasadena. Built by the Seller's family in 1975, the property is available to be purchased for the first time ever. Not subject to rent control, 48 S. Oak Avenue has an ideal unit mix consisting of 6 two bedroom 1 bath units and 1 studio unit. With a current rent per foot of only $1.79, there is immediate rental upside. Additionally, there is ample on site parking (9 spaces) and the building sits on a very large 10,022 square foot lot zoned R3. Located just south to Colorado Blvd., walking distance to restaurants and entertainment venues.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,050 | - |
| 2+1 | 6 | $1,650 | - |
Property Taxes
| Parcel Number | 5747-010-030 | Improvements Assessment | $1,115,071 |
| Land Assessment | $1,672,607 | Total Assessment | $2,787,678 |
Property Taxes
Parcel Number
5747-010-030
Land Assessment
$1,672,607
Improvements Assessment
$1,115,071
Total Assessment
$2,787,678
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