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90-Unit Apartment Building
For Sale
Contact for pricing
Pending

253 S Los Robles Ave, Pasadena, CA 91101

New six-story residential property with underground parking, private outdoor areas, and a rooftop sundeck in central Pasadena.

Property SizeContact for details
Lot Size0.82 Acres
Days on Market149

Property Features for 253 S Los Robles Ave

General Information

Standard status Pending
Total Parking Spaces 125
Lot size 0.82 Acres
Property subtype Land

Units

Unit Mix 64 x 1BR, 26 x 2BR
Multifamily Units 90

Amenities

courtyard
patios
balconies
landscaping
sundeck

Building Details

Buildings 1
Stories 6
Listing Agency: CBRE LA
Listed By: Jenny Eng · License #CA 01931224
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 4 at 11:11PM

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 CBRE LA

Investment Insights

Based on property information with market context.

Located at 253 S. Los Robles Ave in Pasadena, this new six-story residential building contains 90 condominium units on a 0.82-acre site. The unit mix includes 64 one-bedroom residences and 26 two-bedroom residences. Individual balconies extend the private living areas, while shared amenities include a landscaped courtyard, patios, and a 5,000-square-foot rooftop sundeck.

Two underground parking levels provide 125 spaces, including visitor parking. The property was designed by Tyler + Kelly Architecture, a Southern California firm with more than 35 years of experience. Its Pasadena setting places the building near downtown amenities while retaining a residential streetscape along Los Robles Avenue.

Key Highlights

  • 90‑unit condominium development on a 0.82‑acre lot
  • Unit mix includes 64 1‑bedroom units and 26 2‑bedroom units
  • Six‑story building with two levels of underground parking

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Mobile Phone Store Clothing & Fashion Store Veterinary Clinic Farmer's Market Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

90
Residential units

Location Intelligence

Trade Area within ½ mile

11,578
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - New six-story residential property with underground parking, private outdoor areas, and a rooftop sundeck in central Pasadena.
Where is this apartment building located?
The property is located at 253 S Los Robles Ave Pasadena, CA.
What are key features of this property?
This property features: 90‑unit condominium development on a 0.82‑acre lot; Unit mix includes 64 1‑bedroom units and 26 2‑bedroom units; Six‑story building with two levels of underground parking
(239) 631-8788 Call to check price and availability
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