John Lee Realty Logo

Search Homes

982 N Los Robles AvenuePasadena, CA 91104Price: $1,599,888

  • Price: $1,599,888
  • Est. Mortgage of $/month
  • 34 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,599,888List Price
  • 0.18Acreage

Listing Tools

Listed by Mike Vachani of Provenio Realty and Investment
Amazing Multifamily 4 Unit Opportunity located in Pasadena, Ca. This is perfect for an Investor, 1031 Exchange, or a Owner-User. Imagine Living in One Unit and Collecting Rent on the other 3 Units. Depending on your situation, you may be able to cover your whole mortgage just from the rent collected! Proforma Rents are $2,500 Per Unit Per Month allowing a Landlord to collect over $120,000 a year in Annual Gross Income. All Tenants are on a month to month lease. This is perfect building to hedge against inflation and allow a Landlord a lot of upside in rents. Once the building rents are stabilized, you will have a 6% Cap. This is almost impossible to find in Pasadena 982 N Los Robles is one of the best priced buildings in Pasadena and has four large 2 Bedroom 1 Bath Units. Each unit has around +/-1156 square feet of space, a private laundry room and single car garage. The building sits on a large 7750 square foot lot and is conveniently located near the Rose Bowl, Jet Propulsion Laboratory, Old Town Pasadena, Art Center, Pasadena City College, Cal Tech, and Huntington Memorial Hospital. It also just minutes to the 110, 134 and 210 Freeways. This is one of the lowest price buildings in Pasadena at $345 per square foot. Enjoy the views of the Foothill and amazing amenities Pasadena has to offer. Don't miss your opportunity to purchase one of the best priced 4 Unit Apartment building in Pasadena. This will not last long!

Property Details of 982 N Los Robles Avenue

Property Details

Utilities and Appliances

Map Location

Driving Directions

 "Based on information submitted to CA_CRMLS as of December 4, 2021 10:52 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: