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1590 N Fair Oaks Ave 14 Unit Apartment Building $5,358,819 CAD ($382,773 CAD/Unit) 5.30% Cap Rate Pasadena, CA 91103
Executive Summary
A unique opportunity to purchase this North Fair Oaks, Pasadena fourteen (14)unit multi-family property. Originally built in 1960, the building was purchased by the current owner in 2013 and has undergone a full rehabilitation to its current state and condition. Low vacancy, high occupancy pride of ownership property.
For all tours (by appointment only) or additional information, please contact Brokers.
* 14 units
* Thirteen (13) 2+1 units, one (1) 1+1 unit
* Nearby access to 5/2/210/134 freeways
* Gated common areas
* Close to Downtown Pasadena, restaurants and entertainment, Rose Bowl
For all tours (by appointment only) or additional information, please contact Brokers.
* 14 units
* Thirteen (13) 2+1 units, one (1) 1+1 unit
* Nearby access to 5/2/210/134 freeways
* Gated common areas
* Close to Downtown Pasadena, restaurants and entertainment, Rose Bowl
Property Facts
| Price | $5,358,819 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $382,773 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.26 AC |
| Cap Rate | 5.30% | Building Size | 9,064 SF |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | Parking Ratio | 1.54/1,000 SF |
| Zoning | SR - Low-Density Residential | ||
| Price | $5,358,819 CAD |
| Price Per Unit | $382,773 CAD |
| Sale Type | Investment |
| Cap Rate | 5.30% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 9,064 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.54/1,000 SF |
| Zoning | SR - Low-Density Residential |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
Site Amenities
- Laundry Facilities
- Wheelchair Accessible
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 13 | - | - |
| 1+1 | 1 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5836-025-028 | Improvements Assessment | $1,006,967 CAD |
| Land Assessment | $2,013,942 CAD | Total Assessment | $3,020,909 CAD |
Property Taxes
Parcel Number
5836-025-028
Land Assessment
$2,013,942 CAD
Improvements Assessment
$1,006,967 CAD
Total Assessment
$3,020,909 CAD
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1590 N Fair Oaks Ave
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