Investors delight! Rare opportunity to acquire a 50-unit luxury condominium building in a highly sought-after Pasadena location, just a short walk to Old Town Pasadena, renowned for its premier dining, shopping, and entertainment. The five-story mixed-use property features a well-balanced unit mix and 3,140 SF of ground-floor retail, enhancing both income stability and long-term value. The building consists of4 Studios, 34 One-Bedroom / One-Bath, 9 Two-Bedroom / Two-Bath, 3 Three-Bedroom / Two-Bats. Unit amenities: In-unit washer/dryer hook-ups, Central HVAC, Private patio or balcony (select units), Stainless-steel appliance package, including Refrigerator, Microwave, Gas range, Vent hood. Immediate access to major retail, restaurants, and entertainment, Convenient freeway access to I-210 and I-110, providing strong regional connectivity. This asset offers a compelling combination of prime location, modern amenities, and diversified unit mix, ideal for investors seeking long-term appreciation and stable cash flow in one of Southern California’s most desirable submarkets.
First time on market in 40 years! 683 E Villa, 4-unit property. Situated only a few blocks north of Old Town Pasadena. The unit mix is three (3) x 1bedroom+1bathroom and three (3)bedroom+1bathroom unit. The property was built in 1951, has a total of +/-2,512 square feet and is situated on a +/-6,504 square foot lot. Off-street carport parking. Each unit has individual water heaters and separately metered for electricity and gas. Delivered fully occupied.
Welcome to 1670 & 1672 N Oxford Ave and 1660 Oakwood St, located in sought-after Northeast (Unincorporated) Pasadena. This exceptional multi-unit property offers outstanding versatility and income potential. The property features a fully remodeled main residence with 3 bedrooms and 2 bathrooms, along with two accessory dwelling units (ADUs): ADU #1: 2 bedrooms, 1 bathroom — new construction completed in 2024 ADU #2: 1 bedroom, 1 bathroom The entire property has undergone a comprehensive renovation, including a new roof, updated electrical, plumbing, HVAC systems, and more—providing peace of mind and long-term value. Each unit is equipped with separate gas and electric meters, while the water meter is shared. Enjoy ample unrestricted street parking and low-maintenance concrete landscaping throughout the property. Currently, two units are tenant-occupied with leases in place through November 2026, while one unit is owner-occupied, making this an ideal opportunity for both investors and owner-users.
TURN-KEY, FULLY UPDATED PROPERTY!! Rare offering of 22 units, meticulously maintained, South of Del Mar Blvd. at $267K per unit and 5.34% Cap Rate,....Pride of Ownership just north of San Marino border. The property features UPDATED WINDOWS, ELECTRICAL, & PLUMBING SYSTEMS; REMODELED INTERIORS, Newer roof, refreshed landscaping, and secured on-site gated parking, offering a low-maintenance profile for investors seeking a streamlined, predictable operation. Thoughtful improvements enhance tenant appeal while reducing future capital expenditures. Master metered for electricity, gas and water, making this a perfect candidate to pass-thru utility expenses, trimming expenses and improving cash flow! The unit mix includes 4 spacious 1-bed + 1-bath units and 18 well-designed singles, totaling approximately 8,884 SF (per appraiser) of building area on a 14,600 SF lot. With highly functional layouts and modern finishes throughout, the building boasts units that are always in demand and stands out as an exceptionally pride-of-ownership asset in a supply-constrained submarket.
ATTENTION INVESTORS ,CASH FLOW CASH FLOW ,LOCATION , LOCATION BEST PASADENA NEIGHBORHOOD BUILD YOUR EQUITY .2 HOUSES ON 1 LOT FRONT 3 BR BACK 1 BR
This charming duplex was built in 1895 as a single-family home and later converted into two rental units. With its pitched roofs, front porch, and upper balcony, the home exudes charm and character. Each rental unit contains three bedrooms, one bath, en-suite laundry connections, and hardwood floors. A large rear yard with a two-car garage completes the property. Please note that some photos were taken before tenant occupancy and are provided for reference only; the property is being sold fully occupied with the existing tenants to remain. Please be respectful and do not disturb our tenants. Property showing is available upon acceptance of an offer.
12-unit building (12 legal Studios converted to 1-bed layouts, Total Sq. Ft. 4,608) at 1837 E Colorado Blvd (APN: 5746-017-030, Lot Size 8,997) and an 8-unit building (1 three-bed two-bath and 7 one-bed one-bath units, Total Sq. Ft. 5,322) at 31 N Parkwood Ave (APN: 5746-017-092, Lot Size 10,103). Both properties are being sold together and concurrently as one combined 20-unit portfolio. These well-maintained buildings are located near Pasadena City College with strong current cashflow and consistent renter demand. The Colorado Blvd property features recently renovated units where all studios were converted into functional 1-bed layouts, along with updated interiors and improved efficiency. The Parkwood building offers a balanced mix of larger floorplans and stable tenancy. Both assets share onsite parking, landscaping, and operational efficiency. This 20-unit portfolio provides an excellent opportunity for an investor seeking steady income in a high-demand Pasadena rental corridor. Pasadena is one of the most recognized and desirable cities in Los Angeles County and is known for its strong rental market, centralized location, public transportation access, employment base, and popular local amenities where tenants can live, work, and play locally.
12-unit building (12 legal Studios converted to 1-bed layouts, Total Sq. Ft. 4,608) at 1837 E Colorado Blvd (APN: 5746-017-030, Lot Size 8,997) and an 8-unit building (1 three-bed two-bath and 7 one-bed one-bath units, Total Sq. Ft. 5,322) at 31 N Parkwood Ave (APN: 5746-017-092, Lot Size 10,103). Both properties are being sold together and concurrently as one combined 20-unit portfolio. These well-maintained buildings are located near Pasadena City College with strong current cashflow and consistent renter demand. The Colorado Blvd property features recently renovated units where all studios were converted into functional 1-bed layouts, along with updated interiors and improved efficiency. The Parkwood building offers a balanced mix of larger floorplans and stable tenancy. Both assets share onsite parking, landscaping, and operational efficiency. This 20-unit portfolio provides an excellent opportunity for an investor seeking steady income in a high-demand Pasadena rental corridor. Pasadena is one of the most recognized and desirable cities in Los Angeles County and is known for its strong rental market, centralized location, public transportation access, employment base, and popular local amenities where tenants can live, work, and play locally.
Home for the Holidays & High Returns: Pasadena Duplex Gem! Prime Pasadena location just minutes from the Rose Bowl. Front unit offers 3BR/2BA; rear unit features 2BR/1BA. Excellent value-add opportunity—ideal for investors looking to modernize and maximize rental income. Ample parking with two 2-car garages plus four tandem spaces. A rare, high-potential property in a highly desirable area, just in time for the holidays.
A striking fusion of Scandinavian modernism and contemporary elegance set within the prestigious Historic Highlands. This brand new four-unit property is designed for those who appreciate both impeccable style and a life of convenience. The light-filled interiors and soaring high ceilings, spectacular finishes and top-of-the-line appliances that really define the chef's kitchens, perfect for entertaining or quiet family meals. Every detail is meticulously crafted to offer a bright, airy luxury living experience that resonates with the affluent Pasadena lifestyle. Beyond your private oasis, the location is unbeatable. Stroll to Washington Blvd to discover ultra-hip restaurants and artisan coffee shops, or spend weekends at exclusive nearby golf clubs and museums. Buyer to do their own research regarding adding a unit by converting the garage to ADU.
10 unit multifamily property located in a very desirable and strong rental area of Pasadena. Convenient freeway access to the 110 and 210 freeways. Also walking distance to shopping and restaurants. Property consists of 8 one bedroom units and 2 two bedroom units. Additional features also include a pool and community laundry room. Units are subject to Pasadena rent control laws. DRIVE-BY ONLY. PLEASE DO NOT DISTURB THE TENANTS. OFFERS SUBJECT TO INTERIOR INSPECTION
Attention Investors, Future Pasadena Buyers, and 1031 Exchange Clients! The Tax Assessor shows this as a 3-unit property; however, upon inspection, you’ll find it actually functions as a 4-unit property! The seller is open to selling this property together with the adjacent single-family residence or separately. Located in one of Pasadena’s most desirable and centrally located neighborhoods, this property consists of three 1-bedroom/1-bath units and one large vacant studio (approximately 1,000 sq. ft.). Current rents for the one-bedroom units are $1,471, $1,568, and $1,409. This is an excellent opportunity to restore charming Craftsman-style units, capitalize on strong rental demand, and explore the potential to add ADUs—buyer to verify with the City of Pasadena. Don’t miss out—submit your best offer!
Unique investment opportunity in the heart of Pasadena—perfectly situated within walking distance to Colorado Boulevard, Pasadena City College, and Caltech. This property, zoned RM48, offers significant development potential in one of the most desirable and transit-accessible neighborhoods in the city. While the tax records show the property as a duplex, it is currently operating with five income-generating units. With an attractive Gross Rent Multiplier and Cap Rate, this asset allows you to collect income immediately while submitting plans for new construction or redevelopment. Additional property highlights include: Common laundry facility / Two water heaters/One electric meter and one gas meter/ Delivered with existing tenants in place This is a rare chance to secure a well-located, income-producing property with strong upside potential in a high-demand rental market. Whether you’re looking to expand your portfolio or begin a new project, this property offers both stability and opportunity. New sewer line.
Turnkey, Design Centric Mid-Century Modern 93-unit Apartment in Playhouse Village. Class A Location, Completely Renovated, almost brand-new MEP. All Units fully upgraded, Overparked w/ 173 parking, RUBS in Place. Below replacement cost for an Asset of this quality and location. THE THISTLE – 262 N Los Robles Ave, a Design Centric 93-unit Mid Century modern luxury apartment investment opportunity located in the highly desirable City of Pasadena, CA. The property is located within Pasadena Village District, an eclectic cosmopolitan community rich in history and architecture. Because of this superb location, it has a Walk Score 89 out of 100, demonstrating “walker’s paradise” location to a variety of nearby amenities such as restaurants, shops, health clubs and entertainment venues. The property has been completely upgraded from top to bottom between 2018-2020 and provides a turn-key investment offering. It has a superb location south of FWY 210, across the street from Kaiser Permanente Pasadena, and several lots away from The Westin Pasadena. Tenants enjoy walking distance to Paseo Colorado, Pasadena City Hall & Library, Old Town Pasadena, and almost all amenities City of Pasadena has to offer. The property is a three-story garden style apartment community with an expansive center courtyard on two levels of subterranean parking. The community offers excellent amenities such as Leasing Office, On-site manager, fitness center, BBQ/picnic area, fire pit, controlled access, security cameras, courtyard, dog wash, subterranean parking, secured bike storage, storage units, secured package room with parcel pending lockers, complete convenient towel service, boutique catering kitchen appliances, elevator, and laundry room. The current ownership have completely upgraded the community from top to bottom in 2018-2019 and replaced all the systems which includes: new roof, new mechanical system, new electrical, new plumbing & sewer system, new elevator, new landscaping, new security camera system, new parking gate, new entry system, and others (buyer to verify during inspection), making this property a truly turnkey investment. The property offers an attractive unit mix with seven (7) 2 bedroom+1 bathroom, fifty-five (55) large 1 bedroom+1 bathroom, seven (7) 1 bedroom+1 bathroom, sixteen (16) studio, and eight (8) small studio/micro units. All the units have been completely upgraded with tastefully design upgrades.
Charming Turnkey Craftsman with Bonus Bungalow Beautifully maintained and move-in ready, this classic Craftsman offers a 4-bedroom, 1-bath main home plus a detached 1-bedroom, 1-bath bungalow—ideal for extended family or rental income.Recent upgrades include a new roof, HVAC system, and water heater, along with fresh exterior paint that enhances its timeless curb appeal. The bungalow, previously rented for $2,000 per month, features its own separate gas and electric meters for convenience and privacy.Both homes include refrigerator, washer, and dryer, making this a truly turnkey opportunity. Perfect for first-time buyers seeking extra income potential or savvy investors looking for a versatile property with separate outdoor entertaining spaces for each home.
3 Houses on a large Lot - several blocks north of Old Town Pasadena, Large ±13k SF Lot, highly desirable layout, Easy to Rent and Manage. Three HouseS on a lot in the City of Pasadena. Situated only several blocks north of Old Town Pasadena, 2 blocks west of Los Robles Ave, and just within walking distance of many dining, shopping, and other attractions in Pasadena. It is situated on a quiet residential street surrounded by single family houses. This property is being sold together with 5 adjacent buildings to its north and south that are own by same seller – can be purchased together or individually (514 N Madison, 526 N Madison, 536 N Madison, 562 N Madison, and 570 N Madison). The property is extremely rare with highly desirable layout providing tenants with single family residential feel. The middle house (#542) is the largest one with 2bedroom+2bathroom, the front house (#548) is a 2bedroom+1bathroom, and the back house (#544) is 1bedroom+1bathroom. This offering is perfect for an owner user that can occupy any one of the 3 houses (currently tenant occupied – seller is selling it as-is with tenant in place). The middle house is charming with original hardwood flooring, smooth ceiling, built-in cabinets, ceiling fans in bedroom and living room. The back house has been updated with modern flooring, new kitchen and stainless steel appliances, and new bathroom. The property has 13,208 SF lot size providing plenty of open spaces and parking (est. 6 parking spaces or more). Because of this configuration, there is a clear and huge upside for new owners to add 2 or more ADUs (buyer to verify). Parking is provided via 6 open space spread out on the lot. Each unit has individual water heaters and separately metered for electricity and gas. Each unit has its own laundry hookups.
4 Single-story Bungalows several blocks north of Old Town Pasadena, Large ±13k SF Lot, highly desirable layout, Easy to Rent and Manage. 526-532 N Madison Ave, a bungalow style 4-units Single story apartment in the City of Pasadena. Situated only several blocks north of Old Town Pasadena, 2 blocks west of Los Robles Ave, and just within walking distance of many dining, shopping, and other attractions in Pasadena. It is situated on a quiet residential street surrounded by single family houses. This property is being sold together with 5 adjacent buildings to its north and south that are own by same seller – can be purchased together or individually (514 N Madison, 536 N Madison, 542 N Madison, 562 N Madison, and 570 N Madison). The property offers a highly desirable bungalow single-story layout (no adjoining walls) providing tenants with single family residential feel. It consists of 4 separate bungalows with a lush center courtyard/walkway providing serene atmosphere for the tenants. The unit mix is one (1) x 2bedroom+1bathroom and three (3) 1bedroom+1bathroom units, which makes it very easy to rent and manage. The property was built in 1940, has a total of ±3,326 SF building size (Average unit size is 830SF/unit) and is situated on a large ±13,185 SF lot. Each unit is charming with original hardwood flooring, ceiling fans, plenty of built in cabinets, tiled kitchen and bathroom, and in-unit laundry hookups. The front 1 bedroom unit (532) is currently vacant and may be delivered vacant. Parking is provided via detached 3 car garages and 1 open space in the back. Each unit has individual water heaters and separately metered for electricity and gas. Each unit has its own laundry hookups.
Prime 7-unit near Old Town Pasadena, Positive Leverage Deal Close to 6% CAP, Adjacent to a future Large Redevelopment Project on Fair Oaks Ave. Seller May Carry. 425 N Raymond Ave, a 7-unit Turnkey Value-add Garden style apartment investment opportunity located in the highly desirable City of Pasadena, CA. With full renovation recently completed and full occupancy with market rents, this offering provides a highly cash flowing building without doing any work. Offered at a very attractive Over 6% CAP Rate and low ±12.12x GRM (buyer to verify), this offering provides an excellent Cash-on-cash return on a full Turnkey building where the owner does not have to worry about renovating units, dealing with low-rent tenants, or any deferred maintenance. Current owner has spent enormous time and capital in fully upgrading the building including replacing the mechanical, electrical, plumbing, and roof. They have upgraded the building with new railings, stucco changes, stairway & walkway repair, exterior painting, landscaping, new windows, structural and foundation support, and all units upgraded. The building is fully occupied with market rate tenants and providing excellent rental income close to market. The property is in a quiet and mature residential area surrounded by SFR houses across the street and duplex/fourplex on each side. It is only 2 blocks north of the Old Town Pasadena and minutes away from most of the major attractions in the City of Pasadena including Rose Bowl area. FWY 210 and FWY 134 is less than a minute away from the property. The property was built in 1947, has ±5,001 SF building size and is situated on a ±9,902 SF lot size. It has a superb curb appeal with a large lawn and parking area in the front with the main building sits in the back part of the lot – providing extra sound barrier and privacy to tenants. It offers an attractive unit mix of four (4) x 2bed+1bath, 1 x Penthouse 1bed+1bath, and two (2) x 1bed+1bath units. The Penthouse unit occupies the entire 3rd floor with excellent view of Pasadena area. Each unit has been fully upgraded from top to bottom with brand-new everything (flooring, lighting, kitchen, and bathroom). It has in-unit laundry machines and stainless-steel kitchen appliances. Two of the 2nd floor units have private balcony, and the Penthouse has private balcony with views.
Welcome to an exceptional opportunity in the heart of Pasadena! This very attractive single-level duplex offers a rare chance to own two separate single-story homes on a spacious and desirable lot. Perfect for investors or owner-occupants, each unit comes with its own water, gas, and electrical meters--an uncommon and highly desirable setup.Situated on an almost 8,000 sq ft lot, the layout offers comfort, privacy, and flexibility. Front Home address 1500 E. Topeka: Beautifully updated with 2 bedrooms and 1 bathroom, this home features central air and heat, hardwood floors, an updated kitchen and bath, and granite countertops. Laundry hookups are conveniently located in the kitchen, plus a detached garage! Rear Home address 1498 E. Topeka: Offers 2 bedrooms, 1 bathroom, plus a bonus office room, California basement for extra storage and an attached garage, this unit is currently tenant occupied. This duplex is perfect for living in one unit while renting the other, providing excellent income potential. Located just minutes from Old Town Pasadena and close to shopping, dining, parks, and major transportation routes, this property offers a prime location combined with outstanding investment opportunities.
True Value-add 9 units several blocks north of Old Town Pasadena, Excellent Unit Mix, Large 12,685 SF Lot, 9 carport parking, Excellent going-in CAP Rate with High Proforma CAP Rate. 570 N Madison Ave, a prime value add 9-unit apartment in the City of Pasadena. Situated only several blocks north of Old Town Pasadena, 2 blocks west of Los Robles Ave, and just within walking distance of many dining, shopping, and other attractions in Pasadena. It is situated on a quiet residential street surrounded by single family houses. This property is being sold together with 5 adjacent buildings to its south that are own by same seller – can be purchased together or individually (514 N Madison, 526 N Madison, 536 N Madison, 542 N Madison, and 562 N Madison). The property is a garden style walk-up 2 story apartment with excellent curb appeal. It offers superb unit mix with two (2) x 3bed+1bath and seven (7) x 2bed+1bath units, making it an easy unit mix to rent out. The property was built in 1963, has a total of ±7,222 SF building size and is situated on a large ±12,685 SF lot. Based on the building size, each unit average about 802SF/unit (buyer to verify). All the ground floor units have private patio (buyer to verify). Approximately 3 units have been updated with luxury wood flooring, updated kitchen (quartz countertops, new kitchen cabinet), and updated bathroom. Parking is provided via 9 carports (3 on the side and 6 in the back). There is no living space above carports which means the property does not need any soft story retrofit. Each unit is separately metered for electricity and gas. The property has a shared laundry room. The property is in the highly desirable area of Pasadena just several blocks north of Old Town Pasadena. It is situated on a quiet tree-lined street and within minutes from the Gold Line and numerous additional shopping and dining options on Colorado Boulevard and Lake Avenue. Near Pasadena’s historic City Hall, it sits just minutes from the California Institute of Technology, Pasadena Community College, and the 210 and 110 Freeways, offering ease of access to neighboring cities and entertainment destinations in the region. Historic Old Pasadena’s charming storefronts house 200 shops plus a wide array of restaurants and night spots. The Pasadena Convention Center, Pacific Asia Museum, the historic Tournament of Roses house, and the Norton Simon Museum are minutes away.
4 Single-story Bungalows several blocks north of Old Town Pasadena, Large ±12k SF Lot, 4 detached garage parking, Highly desirable layout, Easy to Rent and Manage. 514-520 N Madison Ave, a bungalow style 4-units Single story apartment in the City of Pasadena. Situated only several blocks north of Old Town Pasadena, 2 blocks west of Los Robles Ave, and just within walking distance of many dining, shopping, and other attractions in Pasadena. It is situated on a quiet residential street surrounded by single family houses. This property is being sold together with 5 adjacent buildings to its north that are own by same seller – can be purchased together or individually (526 N Madison, 536 N Madison, 542 N Madison, 562 N Madison, and 570 N Madison). The property offers a highly desirable bungalow single-story layout (no adjoining walls) providing tenants with single family residential feel. It consists of 4 separate bungalows with a lush center courtyard/walkway providing serene atmosphere for the tenants. The unit mix is all 1bedroom+1bathroom, which makes it very easy to rent and manage. The property was built in 1937, has a total of ±2,156 SF building size and is situated on a large ±11,998 SF lot. Each unit is charming with original hardwood flooring, faux fireplace, plenty of built in cabinets, tiled kitchen and bathroom, and in-unit laundry hookups (seller provide laundry machine in 1 unit). The back unit (#520) has a large private backyard. Parking is provided via detached 4 car garages in the back. Each unit has individual water heaters and separately meters for electricity and gas. Each unit has its own laundry hookups. The property is in the highly desirable area of Pasadena just several blocks north of Old Town Pasadena. It is situated on a quiet tree-lined street and within minutes from the Gold Line and numerous additional shopping and dining options on Colorado Boulevard and Lake Avenue. Near Pasadena’s historic City Hall, it sits just minutes from the California Institute of Technology, Pasadena Community College, and the 210 and 110 Freeways, offering ease of access to neighboring cities and entertainment destinations in the region. Historic Old Pasadena’s charming storefronts house 200 shops plus a wide array of restaurants and night spots. The Pasadena Convention Center, Pacific Asia Museum, the historic Tournament of Roses house, and the Norton Simon Museum are minutes away.
Charming Remodeled 2 units near the Iconic Rose Bowl in Pasadena! Perfectly suited for modern living, each unit features updated finishes, spacious layouts, and an ideal location. Unit 1 consists of a 2 Bed / 1 Bath. Unit has been thoughtfully remodeled. From the open-concept living space to the fully upgraded kitchen with stainless steel appliances, everything has been designed for maximum comfort and style. The windows flood the space with natural light, creating a warm and inviting atmosphere. Enjoy the convenience of in-unit laundry and ample closet space. Unit 2 consist of a 3 Bed / 1 Bath. Unit is perfect for families or those in need of extra space. Featuring a spacious living room, an updated kitchen with modern finishes, and generous bedroom sizes, this unit provides all the room you need to live comfortably. With beautiful floors, fresh paint, and sleek fixtures, this unit offers a fresh, modern vibe. Like the 2-bedroom unit, it also includes in-unit laundry and plenty of storage space. Both units have been upgraded to provide a fresh, turn-key living experience. With a location just minutes from the Rose Bowl, shopping, dining, and entertainment, you’ll have everything you need right at your doorstep.
Welcome to this investment opportunity in the heart of City of Pasadena. This property features two (2) two-story buildings (Front and Back) with four (4) units total. Each building has 2 units (1st floor & 2nd floor). All four units are 100% occupied. Each unit features 2 bedrooms + den (used as 3rd bedroom), and 1 bathroom. Each unit comes with indoor laundry hookups, A/C wall unit, and each unit comes with private one (1) carport parking in the back of the building. Exterior of the building was painted in 2024. This property is conveniently located in the heart of Pasadena and is minutes away from shopping centers, parks, metro and restaurants. Located just minutes from Old Town Pasadena, the Rose Bowl, and major freeways, this property combines convenience with long-term upside. All tenants are current with rent payments.
Step into this beautifully preserved 1922 Spanish-style quadruplex, ideally located just above Mountain Street on vibrant Lake Avenue. All 4 units offer 2 bedrooms and 1 bath, blending timeless charm with thoughtful updates, including hardwood floors, original built-ins, a formal dining room, and a cozy breakfast nook. The spacious layouts are filled with natural light, complemented by some updated electrical and in-unit laundry hookups. A generous shared backyard provides plenty of space to relax or entertain. With four single-car garages, this property offers the best of urban living with classic architectural character. Plenty of upside potential and opportunity for expansion. 3 units are currently tenant-occupied and professionally managed. 1 will be delivered vacant. Zoned PSC.
RARE INVESTMENT OPPORTUNITY. 171-179 S Sierra Madre Blvd, Pasadena, CA 91107. Real Estate Investors & Developers: Opportunity to acquire a Large, five-unit multifamily property on a large 16,134 sq ft lot in a highly desirable southeast side of Pasadena. Zoned RM32, the property offers significant potential, including the possibility of building up to 12 homes (buyer to verify with the city). Property Highlights: 1) Five units across three separate buildings 2) Front House (175 S Sierra Madre) is a stand-alone Two-Story 2,848 sf Single House with its own driveway. This spacious, bright and airy, 4 bedroom, 2 bath craftsman-style home features a huge living room, family room, office, large kitchen, basement, front and large side yards. Similar single homes in the area are already worth millions of dollars. 3) Back Units: Four units, each with 2 bedrooms and 1 bath, and a dedicated garage. Two separate driveways for convenient access, one dedicated to the Front House and the other to the rear 4 units. Income and Development Potential: The property currently has stable, long-term tenants, providing an immediate opportunity to increase cash flow. Situated directly across from the newer Town & Country luxury townhomes, this lot is in a proven and high-demand area for new development. Prime Location: This property is located in Southeast side of Pasadena, next to San Marino, just two and a half blocks from Colorado Boulevard, the famous route of the annual Rose Parade. The location offers easy access to a variety of amenities, including grocery stores, retail shops, restaurants, and public transportation, including the Metro rail station.
Pasadena is located in California. Pasadena, California has a population of 138,771. Pasadena is less family-centric than the surrounding county with 29.61% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Pasadena, California is $89,661. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Pasadena is 39.1 years.
The average high temperature in July is 87.5 degrees, with an average low temperature in January of 45.1 degrees. The average rainfall is approximately 21.4 inches per year, with 0 inches of snow per year.
