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771 N Los Robles Ave
Pasadena, CA 91104
67% Vacant! First Time for Sale in 28 years · Multifamily Property For Sale
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6 Units
Investment Highlights
- • Extremely rare value-add with 67% vacancy! Four out of Six units will be delivered vacant and furnished.
- • First Time for Sale in 28 years
- • Excellent unit mix of 2bedroom and 1bedroom, garage and open space parking, no soft-story retrofit is required
- • Attractive ±5.25% CAP Rate and over 7% Proforma CAP RATE (Buyer to verify)
- • Highly desirable single story bungalows layout with center courtyard and garage parking
- • Each unit is spacious and bright with original hardwood flooring; each unit has a private patio, individual water heater, mini-split A/C
Property Facts
| No. Units | 6 | Building Size | 3,559 SF |
| Property Type | Multifamily | Average Occupancy | 33% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1937/2016 |
| Building Class | C | Parking Ratio | 2.25/1,000 SF |
| Lot Size | 0.30 AC | ||
| Zoning | RM, Pasadena | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 3,559 SF |
| Average Occupancy | 33% |
| No. Stories | 1 |
| Year Built/Renovated | 1937/2016 |
| Parking Ratio | 2.25/1,000 SF |
| Zoning | RM, Pasadena |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 450 - 550 |
| 2+2 | 2 | - | 800 - 900 |
Property Taxes
| Parcel Number | 5725-028-024 | Improvements Assessment | $336,727 |
| Land Assessment | $312,827 | Total Assessment | $649,554 |
Property Taxes
Parcel Number
5725-028-024
Land Assessment
$312,827
Improvements Assessment
$336,727
Total Assessment
$649,554
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