Description
This amazing piece of real estate is a rare find: it's a great investment property that is also an excellent owner-user opportunity in prime pasadena. perfect for a family that wants to live in a beautiful residential neighborhood and collect rents to build massive equity. welcome to 960 los robles avenue an extraordinary mid-century fourplex located just steps from the charming and historic bungalow heaven neighborhood, and only minutes from the legendary rose bowl, old town pasadena, and the many cultural, dining, and recreational highlights that make this city one of southern california's most desirable places to live. this spacious four-unit property offers nearly 5,000 square feet of living space on a 7,741 square foot lot and delivers the perfect combination of immediate income and long-term potential. whether you're a seasoned investor seeking turnkey cash flow or a homeowner looking to offset your mortgage with rental income, this is a rare opportunity in a truly unbeatable location. three of the four units each consisting of two bedrooms and two bathrooms have been extensively and thoughtfully renovated. the updates include modern kitchens and bathrooms, new flooring, updated plumbing and electrical systems, double-pane windows, and brand new appliances. these units are currently rented at market rates, providing solid monthly income from day one. the largest unit, a spacious three-bedroom, two-bath residence, has not yet been remodeled and is ideal for an owner-user. with its generous layout, high ceilings, and abundant natural light, this unit is a blank canvas waiting for a personal touch. it offers the opportunity to design a dream home while still benefiting from the income of the other three units. additional amenities throughout the property include separate utility meters for each unit, three new tankless water heaters, exterior security cameras, and a beautifully designed outdoor patio area that add value and enjoyment for the resident. a private storage area near the carport provides added convenience, and the ample off-street parking makes the property even more attractive to residents. situated in a neighborhood known for its character and history, where surrounding craftsman and historic homes often sell for well over a million dollars easily, this property stands out as a smart investment in an appreciating area. the tree-lined streets, architectural charm, and community pride make this location both livable and valuable. don't miss your chance to own a high-performing property with unmatched versatility and upside in one of pasadena's most treasured neighborhoods. whether your goal is to build long-term wealth, secure passive income, or plant roots in a vibrant community, 960 los robles avenue offers an exceptional opportunity to make it happen. seller may do a 1031 tax deferred exchange with no expense to the buyer. this 4 unit property is eligible to add 3 adu's.
Property Type
Residential IncomeCounty
Los AngelesStyle
ContemporaryAD ID
49684765
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 9
Bathroom Information
- Total Baths: 9
- Full Baths: 0
- Half Baths: 0
Water/Sewer
- Sewer : Other
Interior Features
- Roof : Composition,Shingle
- Windows: Double Pane Windows
- Property Appliances: Dishwasher,Gas Cooktop,Disposal,Gas Oven,Gas Range,Refrigerator,Vented Exhaust Fan,Washer
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
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Exterior Features
Building Information
- Year Built: 1965
- Building Area Total: 4,987
- Construction: Stucco
- Roof: Composition,Shingle
Pool Features
- None
Laundry Features
- Stacked
Patio And Porch
- Deck
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1778
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 7743
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Listing Information
Listing Price Information
- Original List Price: 2,850,000
- Listing Contract Date: 2025-05-08
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5730012006
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Concrete,Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV,Electricity,Gas
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 646 - Pasadena (NE)
- Postal Code Plus 4: 3546
- Directions: Property located in the Orange Heights neighborhood on Los Robles Ave, north of E Mountain St, south of E Jackson St, and across from Adena St.
- Zoning: PSR3
- Source Property Type: Residential Income
- Area: 646 - Pasadena (NE)
Building and Construction
- Property Age: 60
- Property Condition: Updated/Remodeled
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 4987
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 06/09/2025 @ 14:53
- MLS: 25533743
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 9 bedrooms which is for sale, it has 4,987 sqft, 7,743 sized lot, and 0 parking. are nearby neighborhoods.