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2010 N Los Robles Ave
Pasadena, CA 91104
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Eight unit multifamily property totaling approximately 6,623 square feet with eight covered carport parking spaces.
- Efficient unit layouts designed for comfortable living and long term tenancy.
- Stable income producing asset in a well established rental corridor with long term appreciation potential.
- Desirable unit mix of two two bedroom one bathroom units and six one bedroom one bathroom units supporting strong rental demand.
- Prime Pasadena location near shopping, dining, public transportation, and major commuter routes.
Executive Summary
Located at 2010 North Los Robles Avenue, this well-positioned 8-unit multifamily property presents an excellent investment opportunity in one of Pasadena's desirable rental corridors. The property offers a total of 6,623 square feet of combined living area and includes eight covered carport parking spaces, adding convenience and value for tenants. The unit mix consists of two (2) 2-bedroom / 1-bathroom units and six (6) 1-bedroom / 1-bathroom units, a strong and highly marketable configuration that supports consistent rental demand. The units feature efficient layouts designed for comfortable living and long-term tenancy. Ideally located near shopping, dining, public transportation, and major commuter routes, this property benefits from Pasadena's robust rental market and long-term appreciation potential. A solid opportunity for investors seeking a stable income-producing asset in a prime location.
Property Facts
| Price Per Unit | $434,266 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.41 AC |
| Cap Rate | 5.39% | Building Size | 6,623 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1941 |
| Apartment Style | Garden | Parking Ratio | 1.21/1,000 SF |
| Zoning | PSR6 - Potential for more units with ADU or TIC Conversion | ||
| Price Per Unit | $434,266 CAD |
| Sale Type | Investment |
| Cap Rate | 5.39% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 6,623 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1941 |
| Parking Ratio | 1.21/1,000 SF |
| Zoning | PSR6 - Potential for more units with ADU or TIC Conversion |
Amenities
Unit Amenities
- Washer/Dryer Hookup
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 735 |
| 2+1 | 2 | - | 935 |
Property Taxes
| Parcel Number | 5838-015-007 | Improvements Assessment | $904,023 CAD |
| Land Assessment | $2,712,069 CAD | Total Assessment | $3,616,092 CAD |
Property Taxes
Parcel Number
5838-015-007
Land Assessment
$2,712,069 CAD
Improvements Assessment
$904,023 CAD
Total Assessment
$3,616,092 CAD
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