49 S. Grand Oaks, Pasadena, CA 91107 - MLS#GD25192443

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$1,999,000

Est. payment - /mo

2 Beds

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD25192443

Bedrooms 2

Property Sub-Type Res Income 2-4 Units

Property Description

This charming 8-unit multifamily property, located at 49 S. Grand Oaks Ave in Pasadena, presents an exceptional investment opportunity with significant rental upside potential. Nestled in a highly desirable neighborhood, this well-maintained building is within walking distance to vibrant Old Town Pasadena, offering easy access to shops, restaurants, parks, and public transit. Property was recently painted and new windows installed throughout! The property features a mix of spacious one and studio units, each offering a comfortable living space with classic architectural details, including hardwood floors, large windows, and ample natural light. With its prime location and strong demand for rental housing in Pasadena, the property offers a great opportunity for rent increases and the potential for future value appreciation. Current rents are below market, offering immediate upside for a savvy investor to maximize cash flow. Whether you're a seasoned investor or a newcomer to multifamily properties, this building represents an excellent chance to acquire a well-positioned asset with great long-term growth potential. Don't miss out on this rare opportunity to own a piece of Pasadena real estate with strong investment prospects!

Location

State CA

County Los Angeles

Zoning Assessor

Direction Sierra Madre Blvd. to Altadena Drive to N. Sierra Madre Blvd, to Colorado Blvd. to S. Grand Oaks

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

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Listed by Mark Trueblood TRUMARK Real Estate Management

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

49 S. Grand Oaks Pasadena, CA 91107

Arash Rokni

Key Details

Location

Interior

Exterior

Building

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