Active
1111 N Los Robles AVE
PASADENA CA, 91104
$6,000,000
$505.31 per sqft
Active
8 Beds
7 Baths
11,874 sqft
Multi-family
Built in 1911
We are pleased to present the Los Robles & Douglas Portfolio, a 16-unit apartment community spanned across three connected parcels and 1.3 acres in Pasadena, CA. The properties feature a diverse unit mix of Studios, 1, 2, and 3-bedroom units, garage parking, lush landscaping, and upgraded craftsman-style units. The buildings on Los Robles Ave. may qualify for the Mills Act as they are listed in the National Register of Historical Places. This can significantly reduce property taxes for an investor, thus increasing net operating income (NOI). There is also a tremendous opportunity to convert the units into condos, build additional units, and add ADUs on this vast piece of land, making it a perfect fit for the value-add investor or developer. [[1111 N. Los Robles Ave., Pasadena, CA]] - [[1121 N. Los Robles Ave., Pasadena, CA]] - [[392 Douglas St., Pasadena, CA]]
PW24154188MR
MLSⓇ ID
July 26, 2024
Listed
August 23, 2024
Updated
Map
1111 N Los Robles AVE
PASADENA CA, 91104
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
7
Laundry Description
Laundry Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.3 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Pasadena NE
Days on Market
18
Garage
Yes
Garage Spaces
7
Parking Total
32
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
PSR3
Listed by Ryan Loria with Triqor Group
Listing Contact: 949-756-3232
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor LA Real shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 8/23/2024