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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

Mixed-Use

119 S Los Robles Ave

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

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