Mixed-Use
119 S Los Robles Ave
119 S Los Robles Ave, Pasadena, CA 91101
Listing Price: $26,000,000
Cap Rate
4.42%
Number of Units
50
Occupancy
92.0%
Price/Unit
$520,000
Price/Gross SF
$430.11
Gross SF
60,450
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire 119 S Los Robles Ave, an investment opportunity located in the 91607 zip code of Pasadena, CA.
Investment Highlights
- Rare opportunity to acquire a large-scale condo community where all 50 units are individually parceled, offering maximum flexibility for multiple exit strategies.
- Washer/dryer hookups, central A/C and heating, and fully equipped kitchens with stainless steel appliances provide residents with everyday comfort and functionality, enhancing retention.
- Select units offer private balconies or patios, complemented by a furnished courtyard—delivering lifestyle amenities that increase tenant satisfaction and marketability.
- On-site gated garages provide residents with convenient, secure parking—an in-demand amenity that enhances tenant appeal and supports premium rental positioning.
Exclusively Listed By
Listing Price: $26,000,000
Cap Rate
4.42%
Number of Units
50
Occupancy
92.0%
Price/Unit
$520,000
Price/Gross SF
$430.11
Gross SF
60,450
Investment Highlights
- Rare opportunity to acquire a large-scale condo community where all 50 units are individually parceled, offering maximum flexibility for multiple exit strategies.
- Washer/dryer hookups, central A/C and heating, and fully equipped kitchens with stainless steel appliances provide residents with everyday comfort and functionality, enhancing retention.
- Select units offer private balconies or patios, complemented by a furnished courtyard—delivering lifestyle amenities that increase tenant satisfaction and marketability.
- On-site gated garages provide residents with convenient, secure parking—an in-demand amenity that enhances tenant appeal and supports premium rental positioning.
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire 119 S Los Robles Ave, an investment opportunity located in the 91607 zip code of Pasadena, CA.
Exclusively Listed By