1111 1121 N Los Robles Avenue

Active

1111 1121 N Los Robles Avenue

Pasadena CA, 91104

$6,000,000

$505.31 per sqft

Active

11,874 sqft

Condos

Built in 1911

Listed by Ryan Loria with Triqor Group 949-756-3232

We are pleased to present the Los Robles & Douglas Portfolio, a 16-unit apartment community spanned across three connected parcels and 1.3 acres in Pasadena, CA. The properties feature a diverse unit mix of Studios, 1, 2, and 3-bedroom units, garage parking, lush landscaping, and upgraded craftsman-style units. The buildings on Los Robles Ave. may qualify for the Mills Act as they are listed in the National Register of Historical Places. This can significantly reduce property taxes for an investor, thus increasing net operating income (NOI). There is also a tremendous opportunity to convert the units into condos, build additional units, and add ADUs on this vast piece of land, making it a perfect fit for the value-add investor or developer. [[1111 N. Los Robles Ave., Pasadena, CA]] - [[1121 N. Los Robles Ave., Pasadena, CA]] - [[392 Douglas St., Pasadena, CA]]

PW24154188

MLSⓇ ID

July 26, 2024

Listed

November 22, 2024

Updated

Map

1111 1121 N Los Robles Avenue
Pasadena CA, 91104

Interior Features

Total Stories: 2
Laundry Description: Common Area
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 1.3 Acres
Lot Features: Rectangular Lot
Sewer: Public Sewer

Other Property Details

Area Name: 646 - Pasadena (NE)
Days on Market: 18
Garage: Yes
Garage Spaces: 7
Parking Total: 32
View: No
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Zoning: PSR3

Listing Contact: 949-756-3232

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 11/22/2024 at 7:18 PM UTC