119 Los Robles Ave - Apartments FOR SALE


Pasadena, CA 91101- Old Town Pasadena
$25,000,000 USD
626-373-7388
119 Los Robles Ave, Pasadena, CA for Sale
$25,000,000 USD
Apartments - FOR SALE
1/41
null | 5.6% Cap Rate

119 Los Robles Ave
Pasadena, CA 91101
Old Town Pasadena


OVERVIEW

Mapped for 50-unit condos. Investors delight! Rare opportunity to acquire a 50-unit luxury condominium building in a highly sought-after Pasadena location, just a short walk to Old Town Pasadena, renowned for its premier dining, shopping, and entertainment. The five-story mixed-use property features a well-balanced unit mix and 3,140 SF of ground-floor retail, enhancing both income stability and long-term value. The building consists of4 Studios, 34 One-Bedroom / One-Bath, 9 Two-Bedroom / Two-Bath, 3 Three-Bedroom / Two-Bats. Unit amenities: In-unit washer/dryer hook-ups, Central HVAC, Private patio or balcony (select units), Stainless-steel appliance package, including Refrigerator, Microwave, Gas range, Vent hood. Immediate access to major retail, restaurants, and entertainment, Convenient freeway access to I-210 and I-110, providing strong regional connectivity. This asset offers a compelling combination of prime location, modern amenities, and diversified unit mix, ideal for investors seeking long-term appreciation and stable cash flow in one of Southern California’s most desirable submarkets. Building size 50536 SF. Lot size: 18,731 SF. Built in 2015. Sellers will review all good offers with proof of fund. Please contact Real Estate Agent Charles at 626-373-7388.

FOR SALE DETAILS

PRICE

$25,000,000 USD

PRICE/SF

$414 USD /SF

# OF UNITS

50

PRICE/UNIT

$500,000

CAP RATE

5.6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2015

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

PSC-

APN/PARCEL ID

5722-030-110

ASK ABOUT THIS PROPERTY

Charles FannIRN RealtyMore Info
626-373-7388

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Charles FannIRN RealtyMore Info
626-373-7388

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.