113 N Grand Oaks Avenue Pasadena, CA ^$ 2,350,000

113 N Grand Oaks Avenue

^$ 2,350,000

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Recently Listed

113 N Grand Oaks Avenue

Pasadena, CA, 91107

^$ 2,350,000

Studio Baths0.0 Sq 6,448

Monthly Estimate*

^$ 16,415

Listed by Kidder Mathews of California, Inc.

113 N Grand Oaks Avenue, Pasadena, CA 91107 - Image 1

113 N Grand Oaks Avenue, Pasadena, CA 91107 - Image 2

113 N Grand Oaks Avenue, Pasadena, CA 91107 - Image 3

113 N Grand Oaks Avenue, Pasadena, CA 91107 - Image 4

113 N Grand Oaks Avenue, Pasadena, CA 91107 - Image 5

113 N Grand Oaks Avenue, Pasadena, CA 91107 - Image 6

113 N Grand Oaks Avenue, Pasadena, CA 91107 - Image 7

Studio

Commercial Property for sale in Pasadena, CA

for $2,350,000. This 6,448 square foot building was built in 1979 on a lot size of 0.1953.

113 N Grand Oaks Ave, built in 1979, features well-maintained two-bedroom units with modern amenities, including central air conditioning and covered parking, offering a 44% potential rental income increase. Property can be purchased individually or as a portfolio with 174 N Mar Vista Ave, Pasadena (12 units) and/or 151 N Wilson Ave, Pasadena (10 units).

Commercial Active

Price

^$ 2,350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.1953

Year Built

1979

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

24372081

Days on Market

Features

General

Heating Central

Zoning PSR3

HOA 0.0

Construction Materials Stucco

Year Built 1979

Tax Year 2023

County Los Angeles

Net Operating Income 103021.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Possible Use MultiFamily

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Two blocks west of Sierra Madre Blvd and one parcel south of Walnut St

City Pasadena

View Y/N N

Senior Community Y/N N

Open Parking Spaces 12.0

Total Units 8

MLS Area 648 - Pasadena (SE)

Lot Size Square Feet 8507.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Grand Oaks

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 18

Standard Status Active

Cap Rate 4.38

Exterior

Total Parking 24.0

Lot Size Area 8507.0

Number of Buildings 1

Spa N

Building Area Total 6448.0

Lot Dimensions 50x130

Lot Size Acres 0.1953

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Laundry Features CommonArea

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 113

* Excluded Features

List By

Kidder Mathews Of California, Inc.

Broker

(323) 202-9741

Phone

Affordability Calculator

$16,415

Per Month

Monthly Principal & Interest: $16,415
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Pasadena, CA

Average List Price ^$1,951,489

Percent of Sale Price 17%

About Pasadena, CA

141,450 Population

6% Since 2002

^$77,514 Median Income

39.52 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/10/2024	$2,350,000		Listed Price

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113 N Grand Oaks Avenue, Pasadena, CA, 91107 is a Commercial Property for sale at $2,350,000 with 6,448 sqft and a lot size of 0.1953. 113 N Grand Oaks Avenue is a studio with 0.0 baths and was built in 1979. The property's zip code is 91107 which is in Pasadena, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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113 N Grand Oaks Avenue

Commercial Property for sale in Pasadena, CA

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