N Los Robles Ave, Pasadena CA

Property Type: Apartment
Size: 4,280 sf
Lot Size: 9,003 sf
Year Built: 1924
Stories: 2
Units: 4
   1: 1 bed/1 bath - 1,070 sf
   2: 1 bed/1 bath - 1,070 sf
   3: 1 bed/1 bath - 1,070 sf
   4: 1 bed/1 bath - 1,070 sf

Acquired: February 2002
Going-in GSI: $44,340 (100% occupied)
Divested: December 2004
Exit GSI: $51,480 (100% occupied)

Located north of the 210 Freeway, N Los Robles Ave is a fine example of Tudor Revival. This fourplex was built in 1924 by E. A. Larson and is designated as historically significant by the City of Pasadena. The property features four large (1,070 sf) 1-bed/1-bath units, each with bonus room, kitchen, dining room, and family room.