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296 N Oakland Avenue, Pasadena, CA 91101


  • Sold
  • Closed
  • Multi-Family
296 N Oakland Avenue, Pasadena, CA 91101View this property at 296 N Oakland Avenue, Pasadena, CA 91101
296 N Oakland AvenuePasadenaCA91101

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Property Description

Oakland Ave Apartments - 296 N Oakland Ave, is a 25-unit value-add non rent controlled apartment investment opportunity located in the highly desirable City of Pasadena, CA. The property is located within the Pasadena Playhouse District, an eclectic cosmopolitan community rich in history and architecture. Because of this superb location, it has a Walk Score 87 out of 100, demonstrating high "walkability" to a variety of nearby amenities such as restaurants, shops, health clubs and entertainment venues. It is a two story garden style apartment community with a center courtyard and carport parking in the back. It was built in 1957 and is situated on a 20,303 square feet lot. It has secured entry, pool,
center courtyard and an intercom system. It is separately metered for electricity and gas. It has one (1) 2bed+2bath unit, two (2) 2bed+1-1/2bath units, twenty (20) 1bed+1bath units, and two (2) studio units. There are 25 parking spaces provided by a carport and tuck-under spaces in the back. The property is being sold completely vacant in an as-is condition. This presents a clean slate opportunity for value add investors to rehab the property and upgrade all units to maximize its income potential.

Full Property Detailsfor 296 N Oakland Avenue


  • Sold For: $6,100,000
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: AR17032987
  • Added: 402 day(s) ago

Property History

  • 296 N Oakland Avenue, Pasadena, CA
  • Sold at $6,100,000 on 6/2/17
  • Listed at $6,200,000 on 2/16/17


  • Fireplace(s): None


Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: Community Pool


  • Parking Features: See Remarks
  • Parking: See Remarks


  • Area: 647 - Pasadena (SW)
  • County: Los Angeles
  • Development Name: 647 - Pasadena (SW)
  • Driving Directions: FWY210, exit Los Robles Ave - Southwest corner of Oakland Ave and Corson St

Heating & Cooling

  • Cooling Type: See Remarks
  • Heating Type: See Remarks


  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 26
  • # Electric Meters: 26

Structural Information

  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 14,824
  • Year Built: 1957

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Number of Units: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 20
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 2
  • Total Bathrooms: 1

Lot Features

  • Lot Size Source: Assessor
  • Zoning: CD-3
  • Lot Description: Corner Lot, Lot 20000-39999 Sqft

Financial Considerations

  • Price Per Sq. Ft.: $411.49
  • Price Per Unit: 248000

Listed by Growth Investment Group, Inc., Handoko Chen

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Schoolsserving 296 N Oakland Avenue

School District:Pasadena Unified School District
School Name
McKinley School
325 South Oak Knoll Ave, Pasadena, CA 91101
0.8 mi
Blair School
1135 South Euclid Avenue, Pasadena, CA 91106
1.7 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Community Info

Community Infofor 296 N Oakland Avenue

Listed by Growth Investment Group, Inc., Handoko Chen

296 N Oakland Avenue, Pasadena, CA 91101 (MLS# AR17032987) is a Multi-Family property that was sold at $6,100,000 on June 02, 2017. Want to learn more about 296 N Oakland Avenue? Do you have questions about finding other Multi-Family real estate for sale in Pasadena? You can browse all Pasadena real estate or contact a Coldwell Banker agent to request more information.