Request Offering Memorandum

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1455 N Los Robles Ave

Pasadena, CA. 91104

LOS ROBLES APARTMENTS

36% UPSIDE IN RENTS

Call us! 626.204.3300

ABOUT THE ASSET

PROPERTY DESCRIPTION

The Los Robles Apartments is a well-maintained, 34-unit apartment building located on a beautiful tree-lined street in Pasadena. The units are an ideal mix of 28 - 1 bed/1 bath units & 4 - 2 bed/1 bath units. The subject property offers investors the unique opportunity to acquire a value-add opportunity with a 38%  upside in rents. Residents of the Los Robles Apartments benefit from access to amenities including: private pool, gated entrance and parking, courtyard with BBQ area and on-site laundry with 3 washers and 3 dryers leased from Coinmach.

SUMMARY
PRICE
PRICE/UNIT
PRICE/SF
GRM
CAP
UNITS
YEAR BUILT
GROSS SF
LOT SF
APN
$8,300,000
$244,118
$368.99
15.94
3.34%
34
1958
22,494
39,930
5838-014-026

36% Upside in Rents

© 2016 Bridge Investment Group of KW Commercial

251 S. Lake Avenue, Suite 320

Pasadena, CA 91101

DRE #01444805