This Multifamily Property is no longer advertised on LoopNet.com.

65 S Roosevelt Ave
Pasadena, CA 91107
Multifamily Property For Sale · 5 Units

Investment Highlights

  • Class A Location in Lamanda Park area, south of Colorado Blvd and right off Sierra Madre Blvd.
  • Convenient Access to Pasadena Plaza, 5 mins walk to grocery store, bank, restaurants, etc. 3 mins drive to Cal Tech and PCC. 10 mins to Old Pasadena.
  • Laminate flooring, wall air conditioning and heating, in-unit laundry, individually metered gas and electricity and and surface parking.
  • Attractive Single Story Unit Mix Featuring One- 3 bed/2 bath house (1650sqft) and Four- 1 Bed / 1Bath Floor Plans | 11,437sqft Fully usable flat lot
  • Significant Potential for Rental Upside by converting to two stories apartment building with 12+ units (most of the neighbors are two stories).
  • 100% Fully Occupied Prime Pasadena income-producing property and a great value-add opportunity for a short or long-term investment.

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.26 AC
Building Size 3,410 SF
Average Occupancy 100%
No. Stories 1
Year Built 1956
Parking Ratio 1.76/1,000 SF
Zoning R3 - Residential

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - -
3+2 1 - -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5746-007-056
  • 5747-006-043
Land Assessment
$1,741,078
Improvements Assessment
$1,181,751
Total Assessment
$2,922,829
  • Listing ID: 31372103

  • Date on Market: 3/30/2024

  • Last Updated:

  • Address: 65 S Roosevelt Ave, Pasadena, CA 91107

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