48 S. Oak Avenue is s well maintained 7 unit apartment building located in prime Pasadena. Built by the Seller's family in 1975, the property is available to be purchased for the first time ever. Not subject to rent control, 48 S. Oak Avenue has an ideal unit mix consisting of 6 two bedroom 1 bath units and 1 studio unit. With a current rent per foot of only $1.79, there is immediate rental upside. Additionally, there is ample on site parking (9 spaces) and the building sits on a very large 10,022 square foot lot zoned R3. Located just south to Colorado Blvd., walking distance to restaurants and entertainment venues. Listed by Jonathan Taksa, Remax Commercial And Investmen.