$2,450,000
$2,350,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
48 S OAK AVE Pasadena, CA 91107
Key Details
Sold Price $2,450,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 18307950
Sold Date 04/17/18
HOA Y/N No
Year Built 1975
Property Description
48 S. Oak Avenue is s well maintained 7 unit apartment building located in prime Pasadena. Built by the Seller's family in 1975, the property is available to be purchased for the first time ever. Not subject to rent control, 48 S. Oak Avenue has an ideal unit mix consisting of 6 two bedroom 1 bath units and 1 studio unit. With a current rent per foot of only $1.79, there is immediate rental upside. Additionally, there is ample on site parking (9 spaces) and the building sits on a very large 10,022 square foot lot zoned R3. Located just south to Colorado Blvd., walking distance to restaurants and entertainment venues.
Location
State CA
County Los Angeles
Area 648 - Pasadena (Se)
Zoning PSR3
Rooms
Ensuite Laundry See Remarks
Interior
Laundry Location See Remarks
Fireplace No
Laundry See Remarks
Others
Tax ID 5747010030
Special Listing Condition Standard
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Bought with OUT OF AREA • OUT OF AREA