545 Oakland Avenue, Pasadena, California 91101

Residential Income For Sale

$1,980,000

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Lot Area 0.27 Sqft

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Listing Attribution

Listing ID:

MLS OC23018495

Listed by:

Jason Hsiao · DRE
· Statewide Real Estate Inc · 626-657-8927

Property Description

Classic craftsman style 5 unit in prime NW Pasadena market. The property consist of (3) 2 bed 1 bath, (1) 1 bed 1 bath, and (1) studio units with 3.75% assumable financing at 4.71% in place and 5.31% pro forma cap. Each unit has an assigned parking space and in-unit laundry. Easy freeway access and minutes to Old Town Pasadena popular with young professional and student renters and rarely any vacancy. Pride of ownership, low maintenance and easy management makes 545 N Oakland a great property for all investors to add to their portfolio. Two newly constructed units not subject to Measure H rent control.