Two-Story Garden-Style Apartment
For Sale
Contact for pricing
275 North Oakland Avenue, Pasadena, CA 91101
Renovated 12-unit, two-story garden-style apartment with in-unit washer/dryer and new mini-split HVAC.
Property SizeContact for details
Days on Market131
Property Features for 275 North Oakland Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
12
Building Details
Year Built
1956
Stories
2
Tenancy
Multi
Listing Agency:
Growth Investment Group
(626) 224-2495
Listed By:
Handoko Chen · License #CA 01749321
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 7:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Growth Investment Group
Investment Insights
Based on property information with market context.
Completely renovated 12-unit, two-story garden-style apartment building built in 1956. The unit mix includes nine (9) large 1-bedroom, 1-bath apartments and three (3) studio units. Each unit features an in-unit washer/dryer and upgraded kitchen and bath finishes, including a stove, dishwasher, garbage disposal, new cabinets, quartz countertops, and stainless steel appliances. Bathrooms include new vanities, toilets, and bathtubs with updated fixtures. Heating and cooling are provided by new mini-split HVAC systems, and the building is separately metered for gas and electric with new central water heaters.
The property includes 11 parking spaces in the back and 2 spaces in the front, and the soft-story parking area has been seismically retrofitted. It is located in the Pasadena Playhouse District, south of the 210 Freeway, within walking distance of Old Town Pasadena, and has a Walk Score of 87.
For occupancy stability, a new owner is presented with in-place master leases for the broader Arroyo Collection portfolio of five properties, with four properties leased to Providence Christian College and one leased to Fuller Theological Seminary.
The property includes 11 parking spaces in the back and 2 spaces in the front, and the soft-story parking area has been seismically retrofitted. It is located in the Pasadena Playhouse District, south of the 210 Freeway, within walking distance of Old Town Pasadena, and has a Walk Score of 87.
For occupancy stability, a new owner is presented with in-place master leases for the broader Arroyo Collection portfolio of five properties, with four properties leased to Providence Christian College and one leased to Fuller Theological Seminary.
Key Highlights
- Renovated 12‑unit, two‑story garden‑style apartment in the City of Pasadena’s Pasadena Playhouse District
- Unit mix includes nine (9) large 1‑bedroom/1‑bath units and three (3) studio units, all reported 100% occupied
- Top‑to‑bottom renovations with full electrical and plumbing upgrades, new windows, and new kitchens with quartz countertops and stainless steel appliances
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
11,578
Businesses Nearby
Explore this area
Business Placement
Demographics for 91101, CA
20,583
Population
12,400
Households
1.7
Avg Household Size
38
Median Age
63%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
15,833
Density / Sq Mi
$94,180
Median Household Income
$62,458
Median Earnings
$2,282
Median Rent
$687,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated 12-unit, two-story garden-style apartment with in-unit washer/dryer and new mini-split HVAC.
Where is this apartment building located?
The property is located at 275 North Oakland Avenue Pasadena, CA.
What are key features of this property?
This property features: Renovated 12‑unit, two‑story garden‑style apartment in the City of Pasadena’s Pasadena Playhouse District; Unit mix includes nine (9) large 1‑bedroom/1‑bath units and three (3) studio units, all reported 100% occupied; Top‑to‑bottom renovations with full electrical and plumbing upgrades, new windows, and new kitchens with quartz countertops and stainless steel appliances
