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545 N Oakland AVE Pasadena, CA 91101
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Key Details
Sold Price $1,956,235
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC23018495
Year Built 1908
Lot Size 0.271 Acres
Property Description
Classic craftsman style 5 unit in prime NW Pasadena market. The property consist of (3) 2 bed 1 bath, (1) 1 bed 1 bath, and (1) studio units with 3.75% assumable financing at 4.71% in place and 5.31% pro forma cap. Each unit has an assigned parking space and in-unit laundry. Easy freeway access and minutes to Old Town Pasadena popular with young professional and student renters and rarely any vacancy. Pride of ownership, low maintenance and easy management makes 545 N Oakland a great property for all investors to add to their portfolio. Two newly constructed units not subject to Measure H rent control.
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Zoning RM-12
Interior
Laundry Inside
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Foothills, Street Lights, Suburban, Sidewalks
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Ryan Ottosen • Capital & Influence