1111 N Los Robles AVE

Active

1111 N Los Robles AVE

PASADENA CA, 91104

$6,000,000

$505.31 per sqft

Active

8 Beds

7 Baths

11,874 sqft

Multi-family

Built in 1911

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]]

PW24154188MR

MLSⓇ ID

July 26, 2024

Listed

October 2, 2024

Updated

Map

1111 N Los Robles AVE
PASADENA CA, 91104

Interior Features

Total Stories: 2
Bedrooms: 8
Total Bathrooms: 7
Laundry Description: Laundry Area
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 1.3 Acres
Sewer: Public Sewer

Other Property Details

Area Name: 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

Listed by Ryan Loria with Triqor Group
Listing Contact: 949-756-3232

Based on information from The MLS^TM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Peter Mac shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Data last updated 10/2/2024