NOT LISTED FOR SALE

275 S Oakland Ave Pasadena, CA 91101

Playhouse Village Neighborhood
39 Beds
34 Baths
27,525 Sq Ft
0.37 Acres

Last Sold September 13, 2022

Last sale price $10,500,000 $381 Per Sq Ft

38 Days on Market

Highlights

  • In Ground Pool
  • 0.37 Acre Lot
  • Balcony
  • Blair High School Rated A-
  • Elevator
  • Card or Code Access

About This Home

As of September 2022

We are pleased to present the opportunity to acquire a rare, partially remodeled, 24 unit multi-family investment opportunity at 275 South Oakland Avenue in Pasadena, California. Built in 1962 and well maintained by the current ownership, this 27,525 square foot building consists of ten 2 bedroom 1.75 bath units, five 2 bedroom 1 bath units and nine 1 bedroom 1bath units. Located on one of the best streets in Pasadena, all 24 units have central heating and air conditioning along own individual meters for gas and electricity. Recent upgrades to the property include an updated modern elevator cab interior and renovated pool. The property features a secured entry and lobby, 34 on-site gated parking spaces, balconies in select units and laundry facilities on each floor. With an outstanding Walk-Score of 88, this provides residents an abundance of walking distance amenities, countless dining options, entertainment venues & shopping. Given the property's unmatched location and opportunity for earning potential, 275 South Oakland is a generational asset that can offer investors strong risk-mitigated returns and long-term appreciation.

Last Agent to Sell the Property

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644 Listed on: 06/21/2022

Co-Listed By

Alexander Metaxas

Realty Investment Advisors, Inc. License #01784652

Last Buyer's Agent

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644 Listed on: 06/21/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.37

Interior Spaces

  • 27,525 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 39 Bedrooms
  • 34 Bathrooms

Parking

  • 34 Parking Spaces
  • Covered Parking
  • Controlled Entrance

Outdoor Features

  • In Ground Pool
  • Balcony

Additional Features

  • 0.37 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5734-010-084

Community Details

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Additional Features

  • 24 Units
  • Card or Code Access

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 27525
  • Lot Acreage: 0.3718
  • Stories: 3
  • Year Built: 1962
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 39
  • Laundry: Community, Room
  • Total Bathrooms: 34.00
  • Equipment: Dishwasher, Hood Fan, Range/Oven
  • Price Per S Q F T: 431.61

Exterior Features

  • Other Features: Balcony
  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: No

Garage/Parking

  • Parking Garage: Covered Parking, Controlled Entrance
  • Total Parking: 34

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Card/Code Access
  • Water Heaters: Yes

Association/Amenities

  • Amenities: Elevator, Controlled Access, Pool

Lot Info

  • Assessed Improvement Percent: 60.00
  • Assessed Improvement Value: 3202709
  • Assessed Land Percent: 40
  • Assessed Land Value: 2135138
  • Total Assessed Value: 5337847
  • Assessor Parcel Number: 5734-010-084
  • Lot Size Area: 16195

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 19.42
  • Number Of Units: 24
  • Total Annual Expense: 268239
  • Type Of Units: Apartments
  • Vacancy Rate: 3%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2022 09/13/22 Sold $10,500,000 -11.6% $381 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $11,880,000 -- $432 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Benjamin Hsiang

    Seller's Agent in 2022

    Benjamin Hsiang

    Realty Investment Advisors, Inc.

    (424) 377-6001

    3 in this area

    73 Total Sales

    Benjamin Hsiang
    Section Image
  • Alexander Metaxas

    Seller Co-Listing Agent in 2022

    Alexander Metaxas

    Realty Investment Advisors, Inc.

    (626) 487-4300

    3 in this area

    36 Total Sales

    Alexander Metaxas
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-170471

The MLS
California Los Angeles County Pasadena 91101 Playhouse Village

275 S Oakland Ave, Pasadena, CA

This home is located at 275 S Oakland Ave, Pasadena, CA 91101 since 21 June 2022. This property was built in 1962. 275 S Oakland Ave is a home located in Los Angeles County with nearby schools including McKinley School, Blair High School, and The Waverly School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes