108 N Grand Oaks AVE new Save Request In-Person Tour Request Virtual Tour
Pasadena,CA 91107
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 14,454 sqft
Price per Sqft $290
MLS Listing ID 25586823
Bedrooms 18
HOA Y/N No
Year Built 1963
Lot Size 0.478 Acres
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 648 - Pasadena (Se)
Zoning PSR3
Interior
Interior Features Ceiling Fan(s)
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher,Disposal,Refrigerator,Dryer,Washer
Exterior
Parking Features Covered,Garage,Gated,Tandem
Pool In Ground
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5746007037
Special Listing Condition Standard