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  • 108 N Grand Oaks Ave Pasadena
  • Listing Price: $4,195,000
    Beds: 18  |  Baths: 16
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    • MLS#: 25586823
    • APN#: 5746-007-037
    • Status: Active-Contract
    • Lot Size: 20838
    • Sq Ft: 14454
    • Beds: 18
    • Baths: 16
    • Style: N/A
    • Year Built: 1963
    • Subdivision:  
    • Roof: N/A
    • Spa: N/A
    • Tennis: N/A
    • Laundry: N/A
    • Heat: Central
    • Air: Central
    • Property Type: Income
    • Sale Type: Standard
    • Land Type: N/A
    • Lease Amount: N/A
    • Lease Exp: N/A
    • HOD: N/A
    • Area: Pasadena SE 
    • City: Pasadena
    • Zip code: 91107
    • Map: N/A
    • View: N/A
    • Waterfront: N/A
    • Sewer: N/A
    • Parking # N/A
    • Security: N/A
    •    
    • Amenities: N/A
    • Pool: In Ground
    • Floor: N/A
    • Rooms: N/A
    • Fireplace: N/A
    • Parking: Covered Parking, Gated, Tandem

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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.
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Last Updated: 9/9/2025 4:33:16 PM
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