296 N Oakland Avenue Pasadena, CA 91101

$9,400,000 

296 N Oakland Avenue

 
Year Built: 1957
Land: 0.47 acres (approx.)
MLS ID: AR19143154
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.


 
 
Listing Courtesy of:
GIG Real Estate Inc.
Handoko Chen
mes1448236800

Interior Features

Design Features
Fireplace(s): None
Vinyl
Wood
Heating & Cooling
High Efficiency

Exterior Features

Type of Property
ResidentialIncome
Garage/Parking
Attached Garage Bays:
Attached Parking Bays: Assigned,Detached Carport,Circular Driveway,Driveway,Asphalt
Parking Lot Bays: 25.00
Assigned
Detached Carport
Circular Driveway
Driveway
Asphalt
Other Features
None

Property/Lot Details

Lot Location
36-40 Units/Acre
Lot 20000-39999 Sqft
Rectangular Lot
Level
Near Public Transit
Yard
Utilities
Natural Gas Connected
Phone Connected
Sewer Connected
Water Connected
This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. EQUAL HOUSING OPPORTUNITY
 
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