Description
**pride of ownership in prime pasadena!** we are pleased to present this charming 7-unit cottage-style multi-family asset offering both stability and upside in one of pasadena’s most desirable and walkable rental corridors. situated on a lushly landscaped 19,492 sq. ft. lot with garden walkways and tranquil outdoor space, the property features a rare unit mix of (3) 2-bedroom/1-bath & (4) 1-bedroom/1-bath detached cottages totaling 6,133 rentable sq. ft. each offering tenants a private, home-like feel.
tenants enjoy onsite garage parking, a dedicated laundry facility, and convenience to nearby top-tier amenities. located directly across from mayfield junior school and just minutes from caltech, pasadena city college, and the shops and dining of old pasadena, this location supports consistent demand and long-term tenant retention.
the property has been thoughtfully upgraded with copper plumbing, modern electrical panels, newer roofs, and is separately metered for gas and electricity, ensuring operational efficiency for the next owner. with proven in-place income, strong tenant retention, and pride of ownership throughout, this asset is ideal for investors seeking a turn-key opportunity in a high-demand pasadena submarket. (for those looking to scale, this property can also be purchased with the adjacent 6-unit multi-family property at 434 s. euclid ave., creating a rare opportunity to own a 13-unit portfolio in one of pasadena’s strongest rental corridors. development potential may exist as well given the combined lot sizes.)
Property Type
Residential IncomeCounty
Los AngelesStyle
CottageAD ID
49880584
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Shingle
- Interior Features: All Bedrooms Down
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
-
Exterior Features
Building Information
- Year Built: 1921
- Building Area Total: 6,133
- Roof: Shingle
Accessibility Features
- None
Pool Features
- None
Laundry Features
- Laundry Room
Fencing
- Excellent Condition
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.4475
- Lot Size Source: Assessor
- Lot Size Square Feet: 19492
-
Listing Information
Listing Price Information
- Original List Price: 2,750,000
- Listing Contract Date: 2025-05-20
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5722034007
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Carport,Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Pending
- Source Neighborhood: 647 - Pasadena (SW)
- Postal Code Plus 4: 3127
- Directions: Just South of Del Mar Blvd. West of Lake Ave
- Zoning: PSR3
- Source Property Type: Residential Income
- Area: 647 - Pasadena (SW)
- Property SubType: Apartment
Building and Construction
- Property Age: 104
- Common Walls: No Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 06/09/2025 @ 11:24
- MLS: CV25112179
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 6,133 sqft, 19,492 sized lot, and 5 parking. are nearby neighborhoods.