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262 Los Robles, Pasadena, CA 91101
Priced at Only: $37,100,000
For more Information Call Mobile: 714.478.6676
Address: 262 Los Robles, Pasadena, CA 91101
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262 Los Robles
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  • MLS#: AR25259261 ( Apartment )
  • Street Address: 262 Los Robles
  • Viewed: 5
  • Price: $37,100,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 0
  • Days On Market: 17
  • Additional Information
  • County: LOS ANGELES
  • City: Pasadena
  • Zipcode: 91101
  • Provided by: Growth Investment Group Pasade
  • Contact: Handoko Handoko
  • California Regional MLS IDX
  • DMCA Notice
  • 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 walkers 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 center courtyard on two levels of subterranean parking. The community offers excellent amenities such as Leasing Office, On site manager, fitness center, BBQ/picnic area, fire pit, controlled access, security cameras, courtyard, dog wash, subterranean parking, secured bike storage, storage units, secured package room with parcel pending lockers, complete convenient towel service, boutique catering kitchen appliances, elevator, and laundry room. The current ownership have completely upgraded the community from top to bottom in 2018 2019 and replaced all the systems which includes: new roof, new mechanical system, new electrical, new plumbing & sewer system, new elevator, new landscaping, new security camera system, new parking gate, new entry system, and others (buyer to verify during inspection), making this property a truly turnkey investment. The property offers an attractive unit mix with seven (7) 2 bedroom+1 bathroom, fifty five (55) large 1 bedroom+1 bathroom, seven (7) 1 bedroom+1 bathroom, sixteen (16) studio, and eight (8) small studio/micro units. All the units have been completely upgraded with tastefully design upgrades.
Features
Accessibility Features
  1. None
Appliances
  1. Freezer
  2. Disposal
  3. Gas Range
  4. Gas Cooktop
  5. Microwave
  6. Refrigerator
  7. Water Heater
Architectural Style
  1. Mid Century Modern
Assessments
  1. Buyer to Verify
Association Fee
  1. 0.00
Building Area Total
  1. 55435.00
Carport Spaces
  1. 0.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Construction Materials
  1. Concrete
Cooling
  1. Central Air
  2. Wall/Window Unit(s)
Country
  1. US
Current Financing
  1. Conventional
Direction Faces
  1. West
Electric
  1. Standard
Electric Expense
  1. 41965.00
Fencing
  1. Glass
  2. Security
  3. Stucco Wall
Fireplace Features
  1. None
Flooring
  1. Laminate
  2. Vinyl
  3. Wood
Foundation Details
  1. Concrete Perimeter
Fuel Expense
  1. 16278.00
Garage Spaces
  1. 173.00
Gardner Expense
  1. 11700.00
Heating
  1. Central
  2. Wall Furnace
Insurance Expense
  1. 70756.00
Interior Features
  1. Balcony
  2. Ceiling Fan(s)
Laundry Equipment Own Lease
  1. Own
Laundry Features
  1. Common Area
  2. Community
  3. Dryer Included
  4. Gas Dryer Hookup
  5. Washer Hookup
  6. Washer Included
Levels
  1. Three Or More
Lockboxtype
  1. None
  2. See Remarks
Lot Features
  1. 36-40 Units/Acre
  2. Landscaped
  3. Level with Street
  4. Lot Over 40000 Sqft
  5. Irregular Lot
  6. Level
  7. Near Public Transit
Netoperatingincome
  1. 1689102.00
Newtaxesexpense
  1. 415749.00
Number Of Separate Electric Meters
  1. 93
Number Of Separate Gas Meters
  1. 93
Number Wallac
  1. 93
Number With Dishwasher
  1. 93
Number With Disposal
  1. 93
Number With Range
  1. 93
Number Wit Hrefrigerator
  1. 93
Parcel Number
  1. 5723005042
Parking Features
  1. Assigned
  2. Covered
  3. Concrete
  4. Garage
  5. Gated
  6. On Site
  7. Private
Pest Control Expense
  1. 4010.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 85943.00
Property Type
  1. Apartment
Property Condition
  1. Turnkey
Road Frontage Type
  1. City Street
Road Surface Type
  1. Paved
Roof
  1. Asphalt
  2. Flat
Security Features
  1. Automatic Gate
  2. Carbon Monoxide Detector(s)
  3. Closed Circuit Camera(s)
  4. Fire and Smoke Detection System
  5. Gated Community
  6. Resident Manager
  7. Security Lights
  8. Smoke Detector(s)
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 451969972:CRM
Spa Features
  1. None
Tenant Pays
  1. Electricity
  2. Gas
  3. Parking Fee
  4. Trash Collection
  5. Water
Totalactualrent
  1. 228980.00
Totalexpenses
  1. 1248072.00
Trash Expense
  1. 65997.00
Uncovered Spaces
  1. 0.00
Utilities
  1. Cable Connected
  2. Electricity Connected
  3. Natural Gas Connected
  4. Phone Available
  5. Sewer Connected
  6. Water Connected
Vacancyallowance
  1. 75917
View
  1. City Lights
  2. Mountain(s)
  3. Neighborhood
Water Sewer Expense
  1. 17639.00
Water Source
  1. Public
Window Features
  1. Double Pane Windows
Year Built
  1. 1949
Year Built Source
  1. Assessor
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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