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1111 Los Robles Avenue, Pasadena, CA 91104
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1111 Los Robles Avenue
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  • MLS#: PW24154188 ( Apartment )
  • Street Address: 1111 Los Robles Avenue
  • Viewed: 2
  • Price: $6,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1911
  • Bldg sqft: 0
  • Days On Market: 113
  • Additional Information
  • County: LOS ANGELES
  • City: Pasadena
  • Zipcode: 91104
  • Provided by: Triqor Group
  • Contact: Ryan Ryan
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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]]
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Features
Additional Parcels Description
  1. 5729030010
  2. 5729030022
Building Area Total
  1. 11874.00
Carport Spaces
  1. 1.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 72
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 7.00
Insurance Expense
  1. 0.00
Laundry Features
  1. Common Area
Levels
  1. Two
Lot Features
  1. Rectangular Lot
Netoperatingincome
  1. 293686.00
Number Of Separate Electric Meters
  1. 16
Number Of Separate Gas Meters
  1. 16
Parcel Number
  1. 5729030023
Pool Features
  1. None
Postalcodeplus4
  1. 3560
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 419786806:CRM
Totalexpenses
  1. 111164.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 24.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1911
Year Built Source
  1. Public Records
Zoning
  1. PSR3