Pasadena, CA 91107,108 N Grand Oaks Ave
Pasadena, CA 91107,108 N Grand Oaks Ave
Pasadena, CA 91107,108 N Grand Oaks Ave
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$4,195,000
Est. payment /mo
18 Beds
16 Baths
14,454 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,454 sqft

Price per Sqft $290

MLS Listing ID 25586823

Bedrooms 18

Year Built 1963

Lot Size 0.478 Acres

Acres 0.4784

Property Sub-Type Multi-Family

Property Description

This well-maintained 16-unit multi-family property in the heart of Pasadena, built in 1963, spans approximately 14,450 square feet and presents an exceptional investment opportunity. The property consists of two buildings, each with 8 units, separated by a beautifully updated pool area. Secured with a gated entry and intercom system, the property ensures privacy and convenience. All units are equipped with central AC and heating, tandem parking, and dedicated storage. The unit mix includes 2-bedroom, 1-bath units of approximately 1,000 square feet and 1-bedroom, 1-bath units of approximately 800 square feet. A shared laundry room is available on-site for resident convenience. Recent improvements enhance the property's appeal, including a soft-story retrofit completed in October 2023 and new gutters and downspouts installed in 2023. The pool area's concrete was redone in 2023, and a modern, drought-tolerant landscaping upgrade was completed in June 2025. The majority of units feature updated finishes, while approximately 5 units retain their original charm, offering potential for further enhancements. Located in a desirable Pasadena rental market, this property blends mid-century character with modern upgrades, offering a stable income stream and opportunities for value-add growth. It is an ideal choice for investors seeking a balance of immediate returns and future potential.

Location

State CA

County Los Angeles

Area Pasadena Se

Zoning PSR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Dishwasher, Ceiling Fan, Washer, Dryer, Refrigerator, Garbage Disposal, Range/Oven

Exterior

Parking Features Covered Parking, Gated, Tandem

Pool In Ground

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by The Oppenheim Group, Inc.

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Kirshner Elkin Properties

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