296 N Oakland Avenue Pasadena, CA
$ 10,250,000
Property Attributes
  • MLS#AR18273260
  • TypeIncome
  • CityPasadena
  • AreaPasadena
  • Zip91101
  • Style
  • Price$ 10,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage14824
  • Lot Size0.47 Acres
Listing Provided Courtesy Of:
Handoko Chen with GIG Real Estate Inc..
Property Description

OAKLAND APARTMENTS – 296 N Oakland Ave, a 25-unit fully upgraded non rent controlled apartment investment opportunity located in the highly desirable City of Pasadena, CA. The property is located within the Pasadena Playhouse District, an eclectic cosmopolitan community rich in history and architecture. Because of this superb location, it has a Walk Score 87 out of 100, demonstrating high “walkability” to a variety of nearby amenities such as restaurants, shops, health clubs and entertainment venues. This FULLY UPGRADED investment opportunity offers investors a turn-key, easy to manage and safe real estate investment in the best area of Pasadena. It is a two-story garden style apartment community with a beautifully manicured center courtyard complete with new drought-tolerant landscaping. It was built in 1957 and has been completely renovated in 2017/2018. It has a total of ±14,824 sqft living space and is situated on a ±20,303 sqft R3 lot. It offers an excellent curb appeal complete with secured entrance and intercom system. The property has been extensively upgraded in the past 12 months. It has new copper plumbing, new electrical in each unit (wiring and panel), new exterior paint, new drought-tolerant landscaping, new entrance gate with mahogany wood sidings, new railings, new security cameras, new parking gate opener, newly resurfaced driveway, and so much more. Each unit separately metered for electricity and gas.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
11/14/2018 Listed $10,250,000

General Features

Attached Structure Attached
Community Features Suburban, Valley
Directions south of FWY 210, one block east of Los Robles Ave; west of Lake Ave
HOA Fee 0.00
Levels Two
Listing Agent Handoko Chen - BRE#01749321
Listing Agent State License 01749321
MLS Area 648 - Pasadena (SE)
Number of Units Leased 25
Price Per Square Foot 691.45
Property Attached Y/N Yes
Spa Features None
Special Listing Conditions Standard
Total Units 25
Zoning PSC-

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Air Conditioning Y/N Yes
Appliances Dishwasher, Garbage Disposal, Gas Range, Gas Water Heater, Refrigerator, Trash Compactor
Appliances Y/N Yes
Common Walls 2+ Common Walls
Cooling High Efficiency, See Remarks
Dishwasher Count 25
Fireplace Features None
Flooring See Remarks, Vinyl, Wood
Garbage Disposal Count 25
Heating High Efficiency, See Remarks
Heating Y/N Yes
Laundry Features Dryer Included, Gas & Electric Dryer Hookup, Washer Included
Laundry Y/N Yes
Number of Wall ACs 25
Range Count 25
Refrigerator Count 25
Studio Area Unit Type Square Feet
Total Stories 2
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Exterior Features

Building Area Total 14824.00
Carport Spaces 25.00
Garage Spaces 0.00
Lot Features Level with Street, Lot 20000-39999 Sqft, Lot Shape-Rectangular, Lot-Level/Flat
Lot Size Acres 0.4661
Lot Size Area 20303.0000
Lot Size Source Assessor
Lot Size Square Feet 20303.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 26
Number of Separate Gas Meters 26
Number of Separate Water Meters 1
Parking Features Assigned
Parking Y/N Yes
Pool Features None
Sewer Public Sewer
Total Parking 25.00
Uncovered Spaces 0.00
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91101

AVG $4.24M
AVG 55
Year Built
AVG 1961
AVG 85

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