Located on North Los Robles Avenue in Pasadena, California, this 10-unit apartment complex is a great investment opportunity for a new buyer looking for day one cash flow and the ability to redevelop an existing portion of the property.Currently, the property maintains (7) 1 bed / 1 bath, (2) 2 bed / 1 bath, and (1) 2 bed / 2 bath units offering +/-7,825 of building SF on a +/-25,347 SF lot. With current zoning of RM-32, a new buyer will have the ability to add up to nine units to the investment opportunity.With the asset's location directly across the street from Baja Ranch Market and easy access to Old Town Pasadena, Rose Bowl, The Paseo, Shops on Lake, and 210 Freeway, this asset is strategically located for huge future growth in potential rent.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
