261 N Oak

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261 N Oak

Pasadena, CA 91107
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily residential building located in Pasadena, California.
  • Property consists of two individual rental units.
  • Situated within a stable and desirable San Gabriel Valley neighborhood.
  • Asset provides potential for flexible long-term residential investment strategies.
  • Located in the greater Los Angeles metropolitan commercial market.

What's Special

Pasadena serves as a prominent hub within the Greater Los Angeles area, blending historical architecture with a robust local economy. This multifamily apartment building is situated at 261 N Oak, offering proximity to the varied cultural and professional amenities characteristic of this desirable San Gabriel Valley community. Residents benefit from the area's established infrastructure, access to major transit corridors, and a dense, walkable neighborhood environment that remains highly sought after by local professionals and families alike. Comprising two units, this asset represents a manageable residential investment in a competitive market. The property structure is well-suited for a variety of rental strategies, including traditional long-term leasing or specialized housing models. Investors looking for a stable foothold in the Pasadena submarket will find this configuration offers both scale and operational simplicity. The location remains anchored by strong demand drivers, ensuring long-term viability for residential occupancy in a region defined by limited land availability and high barriers to entry.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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