49 S. Grand Oaks, Pasadena, California 91107
- $1,999,000
Overview
- Apartment, Residential Income
- 3673 Sqft
- 1953
Description
This charming 8-unit multifamily property, located at 49 S. Grand Oaks Ave in Pasadena, presents an exceptional investment opportunity with significant rental upside potential. Nestled in a highly desirable neighborhood, this well-maintained building is within walking distance to vibrant Old Town Pasadena, offering easy access to shops, restaurants, parks, and public transit. Property was recently painted and new windows installed throughout! The property features a mix of spacious one and studio units, each offering a comfortable living space with classic architectural details, including hardwood floors, large windows, and ample natural light. With its prime location and strong demand for rental housing in Pasadena, the property offers a great opportunity for rent increases and the potential for future value appreciation. Current rents are below market, offering immediate upside for a savvy investor to maximize cash flow. Whether you’re a seasoned investor or a newcomer to multifamily properties, this building represents an excellent chance to acquire a well-positioned asset with great long-term growth potential. Don’t miss out on this rare opportunity to own a piece of Pasadena real estate with strong investment prospects!
Address
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Address: 49 S. Grand Oaks
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City: Pasadena
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State/county: CA
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Zip/Postal Code: 91107
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Country: US
Details
Updated on September 30, 2025 at 9:14 pm-
Property ID GD25192443
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Price $1,999,000
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Property Size 3673 Sqft
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Land Area 0.195 Acres
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Year Built 1953
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash to New Loan
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Sewer Public Sewer
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County Los Angeles
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Property Type Residential Income
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Pool None
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Community Features Street Lights
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