420 N Los Robles Avenue, Pasadena, CA 91101

Property Description

420 North Los Robles Avenue is a charming 12-unit apartment in Pasadena that is being offered for sale for the first time in over four decades. It has a stable operating history and is strategically located on the first block north of the 210 Freeway. It is west of North Oakland Avenue and east of North Euclid Avenue. It boasts an 85 “Walk Score” and a 95 “Bike Score”. The property comprises two two-story buildings on a raised foundation. The front building contains eight units and was built in 1924. The back building, which has a pitched roof composition, has four units and was built in 1890/1926. The buildings total 5,747 square feet. It is situated on a 10,809 square foot lot. The front building is composed of eight studios, and the back building is composed of two one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit, and one two-bedroom/one-and-a-half-bathroom unit. Three of these four units have been recently renovated with vinyl flooring, new cabinets, granite countertops, recessed lighting, microwaves, refinished shower and tub, ceiling fans, and new windows. The main line for these four units in the back was replumbed last year. The entire property also has new subpanels and copper plumbing. The roof on the back building was replaced two years ago and the roof in the front building was replaced within the past ten years. Both buildings are master metered for gas & electricity. The front building has a 100 gallon central water heater while the back building utilizes two water heaters, one of which was replaced this year. The property offers nine open parking spaces. Buyer to verify all information provided.