Active

1111 1121 N Los Robles Avenue

Pasadena CA, 91104

$6,000,000


$505.31 per sqft

Active

11,874 sqft

Condo

Built in 1911

Listed by Ryan Loria with Triqor Group 949-756-3232

We are pleased to present the Los Robles & Douglas Portfolio, a 16-unit apartment community spanned across three connected parcels and 1.3 acres in Pasadena, CA. The properties feature a diverse unit mix of Studios, 1, 2, and 3-bedroom units, garage parking, lush landscaping, and upgraded craftsman-style units. The buildings on Los Robles Ave. may qualify for the Mills Act as they are listed in the National Register of Historical Places. This can significantly reduce property taxes for an investor, thus increasing net operating income (NOI). There is also a tremendous opportunity to convert the units into condos, build additional units, and add ADUs on this vast piece of land, making it a perfect fit for the value-add investor or developer. [[1111 N. Los Robles Ave., Pasadena, CA]] - [[1121 N. Los Robles Ave., Pasadena, CA]] - [[392 Douglas St., Pasadena, CA]]

PW24154188

MLS ID

July 26, 2024

Listed

October 4, 2024

Updated

Map

1111 1121 N Los Robles Avenue
Pasadena CA, 91104

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.3 Acres


Lot Features

Rectangular Lot


Sewer

Public Sewer

Other Property Details

Area Name

646 - Pasadena (NE)


Days on Market

18


Garage

Yes


Garage Spaces

7


Parking Total

32


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

PSR3

Listing Contact: 949-756-3232 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/4/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/4/2024 at 2:04 AM UTC

 

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