Property Detail

610 Oakland

Pasadena CA 91101

$2,680,000

Status: Active

Property Details

Description

Oakland Apartments is an 8-unit apartment building located in the desirable city of Pasadena, CA. This property offers an ideal unit mix of large 1- and 2-bedrom units with amenities that include laminate wood flooring, stainless steel appliances, quartz countertops, custom kitchen cabinetry, and upgraded bathrooms. The property features carport parking spaces, individual gas and electric meters, individual water heaters, new windows, a newly upgraded shared laundry facility which is owned, copper plumbing, and a new roof. The property offers an investor the opportunity to acquire a fully occupied asset in excellent condition with approximately 20% upside. Strong in place rents generate a current cap rate of 5.7%, 7.1% with market rents.

Map Location

Listing provided courtesy of Ryan Loria of Triqor Group. Last updated 2025-07-04 08:13:08.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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