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$ 4,195,000
Est. payment /mo
New
108 N Grand Oaks AVE Pasadena, CA 91107
18 Beds
16 Baths
14,454 SqFt
UPDATED:
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
Listed by Chloe Galassi The Oppenheim Group, Inc.