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771 N Los Robles Ave
Pasadena, CA 91104 Villa Parke

$2,075,000 USD

Apartments For Sale • 3,559 SF

Property Details

Property Type Apartments
Total Building Size 3,559 SF
Lot Size 0.3 AC
Building Class C
Year Built 1937
Zoning RM, Pasadena

54 Transit Score

87 Walk Score

                
                    Highlights
                
                                •	Extremely rare value-add with 67% vacancy! Four out of Six units will be delivered vacant and furnished.
                            
                                •	Attractive ±5.25% CAP Rate and over 7% Proforma CAP RATE (Buyer to verify)
                            
                                •	First Time for Sale in 28 years 
                            
                                •	Highly desirable single story bungalows layout with center courtyard and garage parking
                            
                                •	Excellent unit mix of 2bedroom and 1bedroom, garage and open space parking, no soft-story retrofit is required
                            
                                •	Each unit is spacious and bright with original hardwood flooring; each unit has a private patio, individual water heater, mini-split A/C

Property Flyers

Flyer-771NLosRoblesAve

Public Transportation

Commuter Rail	Drive	Walk	Distance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	13 min	-	9.7 mi
Airport	Drive	Walk	Distance
Bob Hope	23 min	-	17.2 mi
Los Angeles International	41 min	-	26.0 mi
Long Beach (Daugherty Field)	43 min	-	27.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	3
Type:	Surface
Included in Rent:	Yes

Han Widjaja-Chen 626-594-4900 Growth Investment Group California

771 N Los Robles Ave Pasadena, CA 91104 Villa Parke