296 N Oakland Avenue
Pasadena, CA 91101
Year Built: 1957
Land: 0.47 acres (approx.)
296 N Oakland Ave, a 25-unit fully renovated non-rent-controlled apartment investment opportunity located in the highly desirable City of Pasadena, CA. The property is located within the Pasadena Playhouse District, it has a Walk Score 87 out of 100. The property has been extensively upgraded in the past 24 months. It has new copper plumbing, new electrical in each unit, new sewer line, new paint, new landscaping, new entry gate, new railings, new security cameras, new parking gate opener, newly resurfaced driveway, etc.
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. Each unit separately metered for electricity and gas.
Each unit has been completely replaced with new luxury wood flooring, smooth ceiling complete with recessed lighting, mini split a/c system, double-pane windows throughout, new entry and interior doors, new kitchen complete with new cabinets, quartz countertops, stainless steel sinks, stainless steel appliances, in-unit laundry machine (washer-dryer or stack-up), new tiled bathroom with bathroom vanity cabinets, ceiling fans in bedroom with mirrored closet doors, and etc. Soft story retrofit will be completed soon.