The price of 265 N Oakland Avenue, Pasadena
The current listing price of 265 N Oakland Avenue is $10,500,000, according to data from ERIC CHEN, and the Pasadena Real Estate Board. The property’s value is influenced by several factors, including location, lot size, house condition, and the overall health of the Pasadena real estate market. According to the local appraiser in Pasadena, the property value in has seen a steady increase year-on-year, driven by low supply and high demand for Apartment homes.
What is the square footage of 265 N Oakland Avenue?
The total square footage of 265 N Oakland Avenue is approximately SQ FT. This figure includes both the living area and any additional structures, such as a garage or finished basement. Larger homes in , tend to have an average size of 2,000 to 4,000 square feet, according to the Pasadena Real Estate Board. The square footage significantly impacts the property’s value, as larger homes are highly sought after in this suburban area.
How many bedrooms are at 265 N Oakland Avenue?
The total number of bedrooms at 265 N Oakland Avenue is . This figure includes both the main floor and any additional floors, such as a basement or loft. The number of bedrooms significantly impacts the property’s value, as 3+ bedroom homes are highly sought after in this suburban area.
When was 265 N Oakland Avenue listed?
265 N Oakland Avenue was last listed on Mar 17, 2025, as verified by the Pasadena Real Estate Board’s Multiple Listing Service (MLS) . Properties in this area often get listed and sold within 60 to 90 days, particularly when the housing market is strong and mortgage rates are favorable.
265 N Oakland Avenue, Pasadena is a Apartment residential property located in , one of the suburbs of Pasadena. The property stands out due to its proximity to various amenities, including schools, parks, and public transportation routes, which add significant value to the neighborhood. According to data from the Pasadena Real Estate Board, properties in this area are highly sought after due to their large lot sizes, access to amenities, and convenient commute to downtown Pasadena.
What are the features of 265 N Oakland Avenue?
The features of 265 N Oakland Avenue include its Apartment structure, typical of many homes in the region. The property size is another significant factor, with many homes in this area boasting large square footage and spacious backyards. Real estate appraisers and experts, like those at Zoocasa, have highlighted the increased demand for properties with large lots and Apartment units in the Greater Pasadena Area, particularly in suburban areas like . These attributes make the property desirable for families looking for both space and convenience.
When was 265 N Oakland Avenue listed?
265 N Oakland Avenue was last listed on Mar 17, 2025, as verified by the Pasadena Real Estate Board’s Multiple Listing Service (MLS) . Properties in this area often get listed and sold within 60 to 90 days, particularly when the housing market is strong and mortgage rates are favorable.
Who is the real estate agent for 265 N Oakland Avenue, Pasadena ?
The real estate agent representing 265 N Oakland Avenue is ERIC CHEN, a licensed realtor in Pasadena, affiliated with CB RICHARD ELLIS. This realtor specializes in properties and has extensive experience with Apartment homes and luxury properties in . According to the Pasadena Real Estate Board, it is essential to engage experienced realtors in regions like due to the nuanced real estate trends affecting the area.
Why is the listing at 265 N Oakland Avenue important?
The listing for 265 N Oakland Avenue provides potential buyers with detailed insights into the property’s attributes. As noted by Pasadena real estate expert Richard Evanns, properties in this area are known for their spacious interiors, proximity to top-ranked schools, and low crime rates, all of which influence market desirability. The Pasadena Real Estate Board regularly updates its database, ensuring that the listings reflect the most current market data, including price changes and open house schedules.
What are the nearby schools for 265 N Oakland Avenue?
Families considering a move to 265 N Oakland Avenue will find several top-rated schools in the vicinity. According to the Pasadena District School Board, daycares, schools and high schools are highly regarded for their academic programs. Additionally, the Pasadena District School Board has highlighted the area for its strong community involvement and extracurricular activities, which further enhance the appeal of homes like 265 N Oakland Avenue for families with school-aged children.
How accessible is public transportation from 265 N Oakland Avenue?
Public transportation options near 265 N Oakland Avenue include multiple bus routes that connect directly to Pasadena’s subway system. Laura Rubio-Cornejo, the head of transportation for the City of Pasadena, has emphasized the importance of transit accessibility for suburban properties. She notes that homes within 500 meters of a public transit route, like 265 N Oakland Avenue, tend to have a higher walkability score, contributing to property value appreciation over time.
What is the property tax for 265 N Oakland Avenue?
The annual property tax for 265 N Oakland Avenue is determined by the City of Pasadena’s property tax assessment. According to John W. Weldon, a real estate analyst for the City of Pasadena, property taxes in are influenced by the market value of the home, its location, and its size. The tax rate for properties typically ranges from 0.6% to 1% of the assessed value, making it competitive with other suburban regions of Pasadena.
What amenities are near 265 N Oakland Avenue?
The amenities near 265 N Oakland Avenue include parks, shopping centers, and fitness facilities, all of which are key considerations for potential buyers. The urban planner with the City of Pasadena, has identified local attraction as important environmental features that attract families and outdoor enthusiasts to the area. In addition to parks, there are several local grocery stores and restaurants within a short drive, adding to the overall convenience of the location.
What recreational facilities are available near 265 N Oakland Avenue?
In addition to the parks mentioned above, residents of 265 N Oakland Avenue have access to ‘s parks and recreation centers. According to Pasadena Parks and Recreation, these facilities offer a wide range of sports programs and community events that cater to all age groups, making the neighborhood an ideal choice for families seeking an active lifestyle.
By covering all these aspects in detail, this article provides a thorough overview of the property at 265 N Oakland Avenue, Pasadena and its surrounding neighborhood, reflecting the most important factors that influence property value and desirability in the Pasadena real estate market.
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265 N Oakland Avenue Pasadena Features
Schools near 265 N Oakland Avenue
Interior of 265 N Oakland Avenue
265 N Oakland Avenue Exterior Info
Financial
265 N Oakland Avenue listing information
The property is located south of the 210-fwy near the corner of Los Robles Ave and Walnut St, just 1-block away from Colorado Blvd where all of Pasadena’s retail and entertainment collide. The property has undergone extensive rehab in the last several years. Aside from all units being fully rehabbed, additional upgrades to the property like in-unit washer and dryers, soft-story retrofitting, and keyless entry locks have also been added. Tenants at the property also enjoy secured access, gated parking, and private balconies in select units.
The property is currently leased to students at Providence Christian College, whom has master leased the property for the last 5 years. Throughout the lease, ownership benefits from 100% collections every month, and up to 5% increases in monthly rent every year. The tenant assumes responsibilities that most landlords typically inherit, which allows for minimized landlord responsibilities with strong and reliable cash flow.
265 N Oakland Ave is a 19-unit multifamily property with ±14,192 SF of rentable building space. The property sits on over ±20,000 SF of land and offers ample parking and community area. The units consist of 15, 1-Bedroom/1-Bathroom and 4, large 2-Bedroom/1-Bathroom units. Based on the master lease in-place, the units average over $3,000 per month. On average, these units will rent slightly below that if leased traditionally, which allows an investor to cash flow stronger than competing apartment communities nearby. There is additional revenue potential through the addition of 2 ADUs (buyer to verify with city).
This opportunity can be an excellent fit for an exchange buyer entering the multifamily market in Pasadena and capitalizing on the benefits of the master lease in-place.
Map of 265 N Oakland Avenue
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Courtesy of CB RICHARD ELLIS. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 
