Pasadena, CA 91107 113 N Grand Oaks Avenue

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Presented By: Danni Shen with Harvest Realty Development; 626-283-8800
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# AR25064151
  • 03/24/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 16
  • Baths • 1
  • SQFT • 6,448

Home Details

Located in the highly desirable city of Pasadena, 113 N Grand Oaks Ave offers a rare opportunity to own a well-maintained 8-unit apartment building in a prime rental market. Each unit features 2 bedrooms and 1 bathroom, all 100% leased, ensuring immediate income for investors. This property boasts modern conveniences, including central A/C in every unit and in-unit laundry, enhancing tenant appeal. Recently painted and well-maintained, the building presents an attractive curb appeal. Ideally situated south of the 210 Freeway, the property is just minutes from Pasadena City College (PCC), Caltech, Old Town Pasadena, and a variety of shops, restaurants, and entertainment options. Don’t miss this exceptional investment in one of Pasadena’s most sought-after neighborhoods!
Presented By: Danni Shen with Harvest Realty Development; 626-283-8800

Interior Features for 113 N Grand Oaks Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside
Total Stories2

Other Rooms

Entry Level2

General for 113 N Grand Oaks Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.08
Carport Y/NNo
CityPasadena
Community FeaturesSuburban
ContingencyNA
CoolingCentralAir
CountyLos Angeles
DirectionsBetween E Walnut St & E Colorado Blvd
Electric On Property Y/NNo
Entry LocationSecond Floor
Garage Spaces0.0
Garage Y/NNo
Gross Income200688.0
HOANo
HeatingForcedAir
Home Warranty Y/NNo
Insurance Expense10084.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet8507.0
Lot Size UnitsSquareFeet
MLS Area648 - Pasadena (SE)
MobileHomeRemainsYNNo
Net Operating Income146583.3
New ConstructionNo
Number Of Units Total8
Operating Expense54104.6
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot25
Trash Expense2000.0
Water Sewer Expense4000.0
Waterfront Y/NNo
Year Built1979
Year Built SourcePublicRecords
ZoningPSR3

Exterior for 113 N Grand Oaks Avenue

Building Area Total6448.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwentySixToThirtyUnitsAcre
Lot Size Acres0.1953
Lot Size Area8507.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters0
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,880,000
MLS#AR25064151
List Date 03/24/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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