tomo logo

$6,000,000

Beds
Unknown
sq ft
11,874

1111 1121 N Los Robles Ave, Pasadena, CA 91104

1111 1121 N Los Robles Ave

Pasadena, CA 91104

  • 119 days on market
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]]

Details

Property type

Apartment

Lot size

1.2972 acres

Price per sq ft

$506

Year built

1911

Price History

07/26/2024
CRMLS

CRMLS #PW24154188

Listed
$6,000,000

Schools & Community

Neighborhood: 

North Central

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Status: Active

Tomo last checked: 11/22/2024 at 3:50 PM

Listing updated: 09/30/2024 at 12:09 PM

Listed by: Ryan Loria, Triqor Group Phone #: (949) 756-3232

MLS: CRMLS #PW24154188

CRMLS logo

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