About 108 Grand Oaks Avenue
This well-maintained 16-unit multi-family property in the heart of Pasadena, built in 1963, spans approximately 14,450 square feet and presents an exceptional investment opportunity. The property consists of two buildings, each with 8 units, separated by a beautifully updated pool area. Secured with a gated entry and intercom system, the property ensures privacy and convenience. All units are equipped with central AC and heating, tandem parking, and dedicated storage. The unit mix includes 2-bedroom, 1-bath units of approximately 1,000 square feet and 1-bedroom, 1-bath units of approximately 800 square feet. A shared laundry room is available on-site for resident convenience. Recent improvements enhance the property's appeal, including a soft-story retrofit completed in October 2023 and new gutters and downspouts installed in 2023. The pool area's concrete was redone in 2023, and a modern, drought-tolerant landscaping upgrade was completed in June 2025. The majority of units feature updated finishes, while approximately 5 units retain their original charm, offering potential for further enhancements. Located in a desirable Pasadena rental market, this property blends mid-century character with modern upgrades, offering a stable income stream and opportunities for value-add growth. It is an ideal choice for investors seeking a balance of immediate returns and future potential.
Features of 108 Grand Oaks Avenue
| MLS® # | 25586823 |
|---|---|
| Price | $4,195,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Square Footage | 14,454 |
| Acres | 0.48 |
| Year Built | 1963 |
| Type | Residential Income |
| Status | Active Under Contract |
Community Information
| Address | 108 Grand Oaks Avenue |
|---|---|
| Area | 648 - Pasadena (SE) |
| City | Pasadena |
| County | Los Angeles |
| Zip Code | 91107 |
Amenities
| Parking | Covered, Garage, Gated, Tandem |
|---|---|
| Garages | Covered, Garage, Gated, Tandem |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | In Ground |
Interior
| Interior Features | Ceiling Fan(s) |
|---|---|
| Appliances | Dishwasher, Disposal, Refrigerator, Dryer, Washer |
| Heating | Central |
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | September 5th, 2025 |
|---|---|
| Days on Market | 60 |
| Zoning | PSR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Chloe Galassi |
|---|---|
| Office | The Oppenheim Group, Inc. |