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support@pinnaclera.com +1(972) 338-5441

Listed by Handoko Chen • Growth Investment Group Pasade

$ 37,100,000

Est. payment -/mo

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262 N Los Robles Pasadena, CA 91101

0.96 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRAR25259261

Year Built 1949

Lot Size 0.958 Acres

Source California Regional MLS

Property Description

Turnkey, Design Centric Mid-Century Modern 93-unit Apartment in Playhouse Village. Class A Location, Completely Renovated, almost brand-new MEP. All Units fully upgraded, Overparked w/ 173 parking, RUBS in Place. Below replacement cost for an Asset of this quality and location. THE THISTLE - 262 N Los Robles Ave, a Design Centric 93-unit Mid Century modern luxury apartment investment opportunity located in the highly desirable City of Pasadena, CA. The property is located within Pasadena Village District, an eclectic cosmopolitan community rich in history and architecture. Because of this superb location, it has a Walk Score 89 out of 100, demonstrating "walker's paradise" location to a variety of nearby amenities such as restaurants, shops, health clubs and entertainment venues. The property has been completely upgraded from top to bottom between 2018-2020 and provides a turn-key investment offering. It has a superb location south of FWY 210, across the street from Kaiser Permanente Pasadena, and several lots away from The Westin Pasadena. Tenants enjoy walking distance to Paseo Colorado, Pasadena City Hall & Library, Old Town Pasadena, and almost all amenities City of Pasadena has to offer. The property is a three-story garden style apartment community with an expansive

Location

State CA

County Los Angeles

Area 647 - Pasadena (Sw)

Rooms

Kitchen Freezer, Garbage Disposal, Microwave, Other, Oven Range - Gas, Refrigerator

Interior

Heating Wall Furnace , Central Forced Air

Cooling Central AC, Window / Wall Unit

Flooring Laminate

Laundry Gas Hookup, Laundry Area, 30, Washer, Washer/Dryer - Owned, Community Facility, Dryer

Exterior

Parking Features Assigned Spaces, Covered Parking, Private / Exclusive, Garage, Common Parking Area, Gate / Door Opener, Other

Garage Spaces 173.0

Pool 31, None

View Hills, Local/Neighborhood, City Lights

Roof Type Flat / Low Pitch,2

Building

Lot Description Irregular, Grade - Level

Story Three or More Stories

Foundation Concrete Perimeter

Water Hot Water, District - Public

Others

Tax ID 5723005042

Special Listing Condition Not Applicable