CA > Pasadena
Pasadena, CA 91104,1111 1121 N Los Robles AVE
Pasadena, CA 91104,1111 1121 N Los Robles AVE
Pasadena, CA 91104,1111 1121 N Los Robles AVE
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$6,000,000
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11,874 SqFt
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1111 1121 N Los Robles AVE Pasadena, CA 91104

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UPDATED:

09/30/2024 06:41 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 11,874 sqft

Price per Sqft $505

MLS Listing ID PW24154188

HOA Y/N No

Year Built 1911

Lot Size 1.297 Acres

Property 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]]

Location

State CA

County Los Angeles

Area 646 - Pasadena (Ne)

Zoning PSR3

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 7.0

Carport Spaces 1

Garage Description 7.0

Pool None

Community Features Sidewalks

Total Parking Spaces 32

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5729030023

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Lease Land No

California Regional MLS (CRMLS)
Listed by Ryan Loria • Triqor Group • 949-756-3232

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1111 1121 N Los Robles AVE

 
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