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265 N Oakland Ave
Pasadena, CA 91101 Playhouse Village

Price Upon Request

Apartments For Sale • 14,192 SF

Property Details

Property Type Apartments
Total Building Size 14,192 SF
Lot Size 0.46 AC
Building Class B
Year Built 1962
Zoning CD-3

68 Transit Score

88 Walk Score

                
                    Highlights
                
                                Renovated Asset located in Pasadena’s Playhouse District
                            
                                Excellent Walkability just Steps from All Retail Amenities along Colorado Blvd
                            
                                Master Lease in Place – Offers 100% Collections, Zero Vacancies, and up to 5% Annual Rent Increases Until June 2026
                            
                                3, 1-Year Option Periods with Increases through 2029
                            
                                Master Lease Allows for Minimized Management Responsibilities and Below Market Expenses
                            
                                Ample On-Site Parking with ADU Possibilities via Vacant Carports

Financial Summary (Actual)

Net Operating Income: $508,880 USD (2024)

Total Expenses:

$166,919 USD

Amenities

Air Conditioning
Balcony
Controlled Access
Disposal
Microwave
Washer/Dryer
Gated
Video Patrol
Ceiling Fans
Granite Countertops
Stainless Steel Appliances
Bicycle Storage
Patio
Vinyl Flooring

Public Transportation

Commuter Rail	Drive	Walk	Distance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	13 min	-	9.6 mi
Transit/Subway	Drive	Walk	Distance
Lake Avenue Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	11 min	0.6 mi
Memorial Park Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	12 min	0.6 mi
Airport	Drive	Walk	Distance
Bob Hope	23 min	-	17.1 mi
Los Angeles International	40 min	-	25.5 mi
Long Beach (Daugherty Field)	42 min	-	26.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	19
Type:	Covered
Included in Rent:	Yes

265 N Oakland Ave OFF MARKET Pasadena, CA 91101 Playhouse Village OFF MARKET