261 N OAK AVE

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261 N OAK AVE

PASADENA, CA 91107-3250
Asking Price
Contact for price
Asset Type
Multifamily
Class
Class B

What's Special

2 TURNKEY MID-CENTURY-MODERN HOUSES (VACANT) on Large Lot –Brand New Back House RE-Built in 2025 <p><span style="color: rgba(0, 0, 0, 1)">2 TURNKEY MID-CENTURY-MODERN HOUSES (VACANT) on Large Lot –Brand New Back House RE-Built in 2025, Front Houses Beautifully Upgraded - Allows Additional 3 ADUs. Extremely High Proforma CAP Rate 7.35%! Perfect Blank Canvas for Owner User or Investors.</span></p><p><span style="color: rgba(0, 0, 0, 1)">Sale includes an approved Drawing for a 4-car garage. </span></p><p></p><p><strong style="color: rgba(0, 0, 0, 1)">INVESTMENT HIGHLIGHTS</strong></p><ul><li>​

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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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