1121 N Los Robles Avenue Pasadena, CA 91104
We are pleased to present the Los Robles & Douglas Portfolio, a 16-unit apartment community spanned across three connected parcels and 1.3 acres in Pasadena, CA. The properties feature a diverse unit mix of Studios, 1, 2, and 3-bedroom units, garage parking, lush landscaping, and upgraded craftsman-style units. The buildings on Los Robles Ave. may qualify for the Mills Act as they are listed in the National Register of Historical Places. This can significantly reduce property taxes for an investor, thus increasing net operating income (NOI). There is also a tremendous opportunity to convert the units into condos, build additional units, and add ADUs on this vast piece of land, making it a perfect fit for the value-add investor or developer. [[1111 N. Los Robles Ave., Pasadena, CA]] - [[1121 N. Los Robles Ave., Pasadena, CA]] - [[392 Douglas St., Pasadena, CA]]
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site0 Days
- MLS StatusActive
- MLS ID NumberPW24154188
- Home Size Source N/A
- Year Built1911
- Lot Size1.2972 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 1121 N Los Robles Avenue Pasadena, CA 91104
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| 12 hours ago |
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General Features
- Parking Spaces 32
- Sewer Public Sewer
- Number of Stories 22
- Acreage 1.2972
- Water Public
- Property Sub Type Apartment
- Garage Spaces 7
- Zoning PSR3
- Listing Conditions Standard
Interior Features
- Laundry Features Common Area
Exterior Features
- Pool Features None
- Lot Rectangular Lot
Community Features
- Community Features Sidewalks
- Senior Community No
- MLS Area 646 - Pasadena (NE)