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261 N Oak Ave
Pasadena, CA 91107 Southeast Pasadena

$1,425,000 USD

Multifamily For Sale • 2,057 SF

Property Details

Property Type Multifamily
Total Building Size 2,057 SF
Lot Size 0.2 AC
Year Built 2025
Zoning rm-16

50 Transit Score

50 Walk Score

                
                    Highlights
                
                                2 TURNKEY MID-CENTURY-MODERN HOUSES (VACANT) on Large Lot –Brand New Back House RE-Built in 2025, Front Houses Beautifully Upgraded 
                            
                                Allows Additional 2 ADUs. Extremely High Proforma CAP Rate 7.35%! Perfect Blank Canvas for Owner User or Investors.
                            
                                Unbeatable 7.35% Proforma CAP Rate – 2 TURNKEY HOUSES (VACANT) Investment on a Large Lot (RM-16)
                            
                                Back House is a newly re-built house completed in March 2025; Front house was completely upgraded in 2023
                            
                                SUPERB demographics with ±$114,030 average household income within a 1-mile radius
                            
                                Beautifully designed back house with high-end finishes, Tastefully upgraded front house with designer finishes

Property Flyers

Flyer-261-263NOakAve

Amenities

Air Conditioning
Cable Ready
Washer/Dryer Hookup
Heating
Ceiling Fans
Hardwood Floors
High Speed Internet Access
Refrigerator
Range
Deck
Family Room
Framed Mirrors
Freezer
Garden
Handrails
Patio
Window Coverings
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink))	17 min	-	8.7 mi
Transit/Subway	Drive	Walk	Distance
Allen Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	9 min	0.5 mi
Airport	Drive	Walk	Distance
Bob Hope	25 min	-	19.0 mi
Los Angeles International	43 min	-	27.6 mi
Long Beach (Daugherty Field)	44 min	-	28.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes

Han Widjaja-Chen 626-594-4900 Growth Investment Group California

261 N Oak Ave Pasadena, CA 91107 Southeast Pasadena