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Sold on 04/17/2018
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48 S Oak Ave, Pasadena, CA 91107

  • $2,450,000

    Last sold 04/17/2018 after 78 Days

  • 2

    bed

  • 2

    bath

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About 48 S Oak Ave

Property type House
Neighborhood
Year built 1975
HOA fee $0/month
Lot size 10,022 Sqft
Rental estimate
Property description
48 S. Oak Avenue is s well maintained 7 unit apartment building located in prime Pasadena. Built by the Seller's family in 1975, the property is available to be purchased for the first time ever. Not subject to rent control, 48 S. Oak Avenue has an ideal unit mix consisting of 6 two bedroom 1 bath units and 1 studio unit. With a current rent per foot of only $1.79, there is immediate rental upside. Additionally, there is ample on site parking (9 spaces) and the building sits on a very large 10,022 square
Listed by
Listing Agent - Jonathan
Listing Office - Remax Commercial and Investmen
Source: San Diego MLS mls logo
MLS#18307950 • last updated 6 years ago
Movoto checked San Diego MLS for data 14 minutes ago
Overview
Status SOLD
SubType Res Income 2-4 Units
MLS # 18307950
Lot Size (SqFt) 10022
Year Built 1975
Interior
Location
County Los Angeles
APN 5747010030
Zoning PSR3
Directions Just South Of Colorado Blvd., Close To Pasadena City College And Cal Tech.
Multifamily Details
Unit 1: # Total Baths 1
Unit 2: # Total Baths 1
Unit 1: # Bedrooms 2
Unit 2: Actual Rent 1050
Total # of Units 7
Gross Rent Multiplier (Actual) 18.47
Rental est.: $2,668/month
Gross rent multiplier: 76.5
  • Apr 2018
    mls logo MLS # 18307950
  • Apr 18, 2018 Sold
    $2,450,000
  • Apr 17, 2018 Sold
    $2,450,000 (+4.3%)
  • Mar 5, 2018 Pending
    —
  • Feb 22, 2018 Active
    —
  • Jan 29, 2018 Listed
    $2,350,000
  • Jan 29, 2018 Listed
    $2,350,000
  • Apr 2018
    Public Records
  • Apr 17, 2018 Sold
    $2,450,000
  • 48 S Oak Ave
    $2.45M
  • Lamanda Park
    $995K -5% y/y
  • 91107
    $1.17M -14% y/y
  • Pasadena
    $1.14M -3% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
35 S Oak Ave, Pasadena, CA 91107 $1,584,000 2/1 817 0.03
61 S Oak Ave, Pasadena, CA 91107 $1,360,000 4/1 1,540 0.04
82 S Oak Ave, Pasadena, CA 91107 $936,000 2/1 952 0.05
65 S Oak Ave, Pasadena, CA 91107 $1,609,000 3/1 988 0.05
75 S Oak Ave, Pasadena, CA 91107 $1,374,000 3/1 1,290 0.06
86 S Oak Ave, Pasadena, CA 91107 $1,628,000 2/1 1,124 0.06
36 S San Marino Ave, Pasadena, CA 91107 $1,325,000 3/2 1,587 0.06
46 S San Marino Ave, Pasadena, CA 91107 $1,592,000 3/1 1,393 0.06

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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6/10
Hamilton Elementary School
public Grades K-5
Pasadena Unified School District
N/A
Woodrow Wilson Middle School
public Grades 6-8
Pasadena Unified School District
6/10
Pasadena High School
public Grades 9-12
Pasadena Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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