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

840 N Fair Oaks Ave
Pasadena, CA 91103
Turn-Key Newer Construction Asset · Multifamily Property For Sale · 10 Units

Investment Highlights

  • Turn-key project with (5) – new construction townhomes, (4) – restored apartments, and (1) – office space. Total of four buildings with entry to parki
  • Great unit mix of (3) – 3 bed / 2.5 bath TH, (2) – 2 bed / 2 bath, (2) – 1 bed / 1.5 bath TH, (2) – 1 bed / 1 bath, and (1) -office space
  • The complex is gated with a landscaped courtyard in the front.
  • Total of four buildings with entry to parking in the alley.
  • Turnkey asset that was tastefully built / restored. The property will serve as a great for an investor looking for low maintenance cash-flow

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.34 AC
Building Size 9,520 SF
Average Occupancy 100%
No. Stories 2
Year Built 2016
Parking Ratio 1.58/1,000 SF
Zoning RM-32 - 32 Units per Acre Prior to 50% Density Bonus

Amenities

Unit Amenities

  • Microwave
  • Refrigerator
  • Oven
  • Stainless Steel Appliances

Property Taxes

Property Taxes

Parcel Number
5725-001-007
Land Assessment
$947,036
Improvements Assessment
$1,616,583
Total Assessment
$2,563,619
  • Listing ID: 30060075

  • Date on Market: 11/14/2023

  • Last Updated:

  • Address: 840 N Fair Oaks Ave, Pasadena, CA 91103

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