Pasadena, CA 91107,49 S. Grand Oaks
Pasadena, CA 91107,49 S. Grand Oaks
2
Listed by Mark Trueblood • TRUMARK Real Estate Management
Bought with Mark Trueblood
$1,900,000
$1,999,000
5.0%
Est.Price: ?

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8,496 Sqft Lot

49 S. Grand Oaks Pasadena, CA 91107

Est. payment /mo
SOLD DATE : 09/30/2025

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Key Details

Sold Price $1,900,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRGD25192443

Sold Date 09/30/25

Year Built 1953

Lot Size 8,496 Sqft

Source California Regional MLS

Property Description

This charming 8-unit multifamily property, located at 49 S. Grand Oaks Ave in Pasadena, presents an exceptional investment opportunity with significant rental upside potential. Nestled in a highly desirable neighborhood, this well-maintained building is within walking distance to vibrant Old Town Pasadena, offering easy access to shops, restaurants, parks, and public transit. Property was recently painted and new windows installed throughout! The property features a mix of spacious one and studio units, each offering a comfortable living space with classic architectural details, including hardwood floors, large windows, and ample natural light. With its prime location and strong demand for rental housing in Pasadena, the property offers a great opportunity for rent increases and the potential for future value appreciation. Current rents are below market, offering immediate upside for a savvy investor to maximize cash flow. Whether you're a seasoned investor or a newcomer to multifamily properties, this building represents an excellent chance to acquire a well-positioned asset with great long-term growth potential. Don't miss out on this rare opportunity to own a piece of Pasadena real estate with strong investment prospects!

Location

State CA

County Los Angeles

Area 645 - Pasadena (Nw)

Interior

Laundry None

Exterior

Garage Spaces 6.0

Pool None

Building

Water District - Public

Others

Special Listing Condition Not Applicable

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Paul Locatelli

Paul Locatelli

Broker Associate | License ID: 1348436

+1(831) 750-9795

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