Description
We are pleased to exclusively offer for sale this 6-unit multifamily investment situated in a prime pasadena location. the subject property offers an exceptional opportunity for investors seeking long-term stability in one of the region’s most sought-after submarkets. located directly across from mayfield junior school and just minutes from caltech, pasadena city college, and the vibrant dining and shopping scene of old pasadena, the property delivers unmatched convenience and rental demand.
set on a 9,750 sq. ft. lot with 4,309 rentable sq. ft., the building features a diverse and desirable unit mix, including a rare 1-bedroom/1-bath two-story townhouse, (2) 2-bedroom/1-bath units, and (3) 1-bedroom/1-bath units. the garden-style entry adds charm and privacy, while tenants benefit from onsite parking and individual utility metering. significant capital improvements include: copper plumbing, newer roofs, and updated electrical sub-panels, offering investors a turn-key asset with reduced future maintenance.
(for those looking to scale, this property can also be purchased with the adjacent 7-unit multi-family property located at 420 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
Residential IncomeAD ID
49834841
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Shingle
- Fireplace: None
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1913
- Building Area Total: 4,309
- Roof: Shingle
Pool Features
- None
Laundry Features
- None
Fencing
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2238
- Lot Size Dimensions: 008
- Lot Size Source: Assessor
- Lot Size Square Feet: 9750
-
Listing Information
Listing Price Information
- Original List Price: 2,150,000
- Listing Contract Date: 2025-05-19
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5722034008
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Carport
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)
- 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: 112
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 06/30/2025 @ 05:10
- MLS: CV25111145
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 4,309 sqft, 9,750 sized lot, and 0 parking. are nearby neighborhoods.