119 Los Robles Ave, Pasadena, CA 91101
  • MLS#: WS25279662 ( Apartment )
  • Street Address: 119 Los Robles Ave
  • Viewed: 4
  • Price: $30,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2015
  • Bldg sqft: 0
  • Days On Market: 18
  • Additional Information
  • County: LOS ANGELES
  • City: Pasadena
  • Zipcode: 91101
  • Provided by: IRN REALTY
  • Contact: CHARLES C L CHARLES C L
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Investors delight! Rare opportunity to acquire a 50 unit luxury condominium building in a highly sought after Pasadena location, just a short walk to Old Town Pasadena, renowned for its premier dining, shopping, and entertainment. The five story mixed use property features a well balanced unit mix and 3,140 SF of ground floor retail, enhancing both income stability and long term value. The building consists of4 Studios, 34 One Bedroom / One Bath, 9 Two Bedroom / Two Bath, 3 Three Bedroom / Two Bats. Unit amenities: In unit washer/dryer hook ups, Central HVAC, Private patio or balcony (select units), Stainless steel appliance package, including Refrigerator, Microwave, Gas range, Vent hood. Immediate access to major retail, restaurants, and entertainment, Convenient freeway access to I 210 and I 110, providing strong regional connectivity. This asset offers a compelling combination of prime location, modern amenities, and diversified unit mix, ideal for investors seeking long term appreciation and stable cash flow in one of Southern Californias most desirable submarkets.
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Features
Building Area Total
  1. 50536.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Electric Expense
  1. 32559.00
Entry Location
  1. front
Fuel Expense
  1. 5496.00
Garage Spaces
  1. 62.00
Insurance Expense
  1. 26228.00
Laundry Features
  1. Inside
Lot Features
  1. Lot 10000-19999 Sqft
Netoperatingincome
  1. 958000.00
Parcel Number
  1. 5722030110
Pool Features
  1. None
Professionalmanagementexpense
  1. 190000.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 453696024:CRM
Totalexpenses
  1. 579975.00
Trash Expense
  1. 21600.00
Uncovered Spaces
  1. 62.00
Vacancyallowance
  1. 90000
Water Sewer Expense
  1. 28525.00
Water Source
  1. Public
Year Built
  1. 2015
Year Built Source
  1. Assessor