Located just one block west of the vibrant and desirable South Lake Avenue District of Pasadena offering a variety of fine dining and casual eateries, financial services, transportation, personal service establishments, boutique and major retailers, has this multi-family, fourteen unit building much to offer to residents and investors alike. Spacious units, covered surface parking, onsite laundry room, and more.Please respect the current tenants and do not go on to the property or make direct contact with the tenants. Thank you
Located on North Lake Avenue, the major north/south corridor from Pasadena to Altadena providing a variety of eateries, financial services, transportation, personal service establishments, boutique and major retailers, has this multi-family, twelve unit building much to offer to residents and investors alike. Spacious units, covered surface parking, onsite laundry room, and more. Please respect the current tenants and do not go on to the property or make direct contact with the tenants. Thank you
An exceptional opportunity awaits with this versatile and income-producing Pasadena triplex--ideal for an owner-user seeking to offset their mortgage while building long-term equity.Situated in a convenient Pasadena location close to transportation, schools, and local parks, this well-positioned property offers three thoughtfully laid-out units on one lot, each with desirable amenities and strong rental history.251 Plymouth features a charming detached 2-bedroom, 1-bath residence encompassing approximately 986 square feet. This standalone home offers added privacy, its own inviting patio and private back yard, and an in-unit laundry area. Currently occupied by a long-term tenant at $1,534 per month, it presents stable income with future upside potential.At the right side of the property, a separate duplex includes two spacious 2-bedroom, 1-bath units totaling approximately 1,632 square feet combined: 253 Plymouth offers a generously sized individual private yard and patio for entertaining. Laundry facilities located in the garage. This unit is tenant-occupied at $1,332 per month. 255 Plymouth, the attached companion unit, mirrors the same desirable floor plan and amenities, and is currently rented at $1,550 per month.Each unit enjoys dedicated on-site parking with two spaces per residence conveniently located at the front of the property. Separate gas and electricity meters provide ease of management and tenant accountability.Whether you're looking to live in one unit while generating income from the others, or expand your investment portfolio with a solid Pasadena asset, this triplex presents a rare and compelling opportunity.Please do not disturb tenants.
Prime 6-Unit Multifamily in Pasadena's Coveted Madison Heights – Walk Score 86, Steps from ArtCenter College of Design campus, Huntington Hospital, Whole Foods, Old Pasadena, and Metro Gold Line. 5% CAP Rate in an A-Class Location – Fantastic Demographics, Nearby many new Townhomes/Condominiums, 4 car garage prime for 2 ADUs, Many CAPEX Completed. 902 S Marengo Ave, a rare 6-unit multifamily gem in Pasadena's elite Madison Heights neighborhood. This property represents a rare "Value-Add" play in a Class-A location, offering a high 5% CAP rate with significant potential for further appreciation through ADU development and long-term improvements. This garden-style asset sits in an A-location, steps from ArtCenter College of Design, Whole Foods, Shake Shack, and a short walk to Old Pasadena's vibrant scene, the Pasadena Playhouse, and Metro Gold Line. With a Walk Score of 86, Fantastic Demographics of $163k in a-mile radius, and proven appeal to high-caliber tenants (including international ArtCenter students and Caltech professionals), it delivers effortless leasing and superior retention – most units rent to young pros seeking walkable luxury. Built in 1928 (fourplex) and 1956 (duplex) per online permits from city’s website, the 3,192 SF property on a 7,749 SF lot boasts timeless charm: high ceilings, abundant windows, original hardwoods in the front building, plus modern touches like mini-split HVAC, upgraded electrical, and recent exterior paint. Unit mix includes 4 x 1BD/1BA and 2 x large studios. Two units fully renovated with in-unit laundry; others feature targeted upgrades and share seller-owned machines. Overparked with 4 garages (ADU-ready), 2 carports, and open spaces; individually metered utilities streamline ops. The front building has a colonial architecture charm and consists of 4 units (2 x 1bed+1bath and 2 x Studio units). All 4 units have high ceiling, original hardwood floor, plenty of windows, mini-split HVAC, ceiling fans, tiled kitchen and bathroom. 1 unit has been fully upgraded with modern upgrades like newer flooring, new bathroom, new kitchen, and in-unit laundry. The back building was built in 1956 and consists of 2 x 1bed units. The bottom unit has been fully upgraded with new flooring, new kitchen, and in-unit laundry. It has large private backyard. The upstairs unit has a large private deck.
Do not miss seeing this extraordinary opportunity to live in a beautiful, spacious unit while leasing the others out or to simply become a landlord of an extremely well maintained & updated triplex in the heart of Pasadena. This stately Mediterranean style triplex, built in 1924, is perfectly sited on a large 11,901 square foot lot with a deep setback & exceptional curb appeal. You might not normally think of living on the top floor of a gorgeous triplex like this, but perhaps you are in need of housing while rebuilding, or you would simply like to take advantage of living in one fabulous home while building wealth leasing the other units. This truly is the live-in investment opportunity you have been thinking about & looking for, offering move-in ready condition & exceptional pride of ownership. The upstairs home is like a birdhouse w/ the best features & benefits of a traditional home. This private upstairs unit is gorgeous, spacious & light filled, with high ceilings, offering wonderful upgrades as well as character details galore, featuring a Primary Suite as well as another spacious bedroom, two beautifully remodeled full baths, its own entries, both front and rear, a very large back patio, wrap-around balcony, central air, gleaming hardwood floors, & private laundry inside the unit. This amazing triplex has 3 units, each w/ their own interior laundry & both front & rear doors for convenience. The downstairs level offers a one bedroom, one bath unit & a separate studio unit, each well appointed & thoughtfully remodeled. Each unit includes one garage space. There is an additional storage room that has been remodeled as a small office & is currently leased by a tenant. Over $250,000 of upgrades and improvements have been invested into this exceptional property over the past two years, including newer roofing, automatic security gate, extensive landscaping, new electrical panels & upgraded subpanel, Eaton fire remediation, select interior painting, plumbing repairs, HVAC improvements with duct replacement, attic repairs with insulation removal & replacement, storage room to office use & new mailboxes. Ideally located close to shopping, dining, transportation, & everyday conveniences, the property is positioned to grow in value, in a landmark district w/ gorgeous homes located just one block behind. Lot size is approx 61 by 195. Photos are of the 2 smaller units; No photos available for the house-like unit - come visit and see for yourself/call for info!
Priced at a LOSS for FAST CLOSE (Seller Retiring)! Rare 6.30% CAP 20-Unit Turnkey Portfolio in Prime Central Pasadena – Steps from PCC & Caltech, Fully Upgraded, In-Unit Laundry, Zero Relocation Hassles, Built-In Tenant Demand. 31 N Parkwood and 1837 E Colorado Blvd, a premier 20-unit apartment portfolio located in the heart of Pasadena, CA. Situated just steps from Pasadena City College (PCC) and blocks from the California Institute of Technology (Caltech), this portfolio represents a rare convergence of Turnkey Condition and High Yield Returns (±6.30% Cap Rate) in a high-barrier-to-entry market. The Seller is highly motivated and retiring, offering this asset at a price significantly below their acquisition cost. This is a unique chance for an investor to step into a stabilized, high-cash-flow asset immediately, bypassing the capital exposure and time delays of renovation. Combine that with fully upgraded units featuring in-unit laundry, market rents already in place, and zero relocation expense, and you get strong Day-1 cash flow plus long-term appreciation in a supply-constrained, high-demand submarket. Both properties have been completely upgraded, and each unit has been beautifully upgraded - complete with in-unit laundry machines (seller own). Since this investment consists of 2 properties, new owner does not require an on-site manager. Due to its super strategic location, this investment has a built-in pool of renters (CALTECH students/workers, and PCC International students), making it an easy property to rent with minimum repairs needed. 31 N Parkwood is an 8-unit garden style 2-story apartment that was built in 1958. It has 5,322 SF living space, and situated on a 10,100 SF R3 zone lot. It has a good unit mix of 1 x 3bed+2bath, and 7 x 1bed+1bath units. All the units have been fully upgraded (brand new flooring, new kitchen – with dishwasher, new bathroom, stainless steel appliances, and in-unit laundry machines). 1837 E Colorado is a 12-unit highly desirable single-story apartment with lush drought tolerant landscaping in the front that was built in 1923. It has 4,608 SF living space, and situated on a 8,994 SF MU-C (Commercial) zone lot. It has a perfect unit mix ALL 1bed+1bath units – perfect for young professionals or PCC International Students or CALTECH students and/or workers/researchers. All the units have been fully upgraded.
TWO HOMES IN ONE HUGE LOT TOTALLY REHAB IN EXCELLENT NEIGHBORHOOD APPRSAISAL PRICE IS 1.550 MILLION : FRONT HOUSE IS 4 BEDROOMS, 2 BATHS, BACK HOUSE IS 2 BEDROOMS, 2 BATHS. EACH HOUSE GOT THEIR OWN ELECTRIC, GAS METTER, BRAND NEW PLUMBING, ELECTRICAL SYSTEM, NEW DOUBLE PANE WINDOWS, NEW DOORS, NEW INTERIOR AND EXTERIOR PAINT, RECESSED LIGHT, NEW VINYL FLOOR, NEW SHOWERS WITH SLIDING DOORS, NEW KITCHEN CABINETS AND QUARTZ COUNTER TOPS, MINI SPLIT AIR CONDITIONS WITH REMOTE CONTROLS. THEY ARE LOCATED CLOSE TO OLD TOWN PASADENA, ROSE BOWL STADIUM, CAL-TECH AND SO CONVENIENCE ACCESS TO 210 FREEWAY. HURRY, IT WON'T LAST !
301-303 North Hudson Avenue represents a rare opportunity to acquire a well-located multifamily asset in one of Los Angeles County's most desirable and supply-constrained rental markets. Situated in a strong Pasadena neighborhood, the property offers investors durable cash flow, stable tenancy, and long-term appreciation potential supported by exceptional market fundamentals. The property consists of six (6) residential units with a desirable and diversified unit mix, appealing to a broad tenant base: 1 Studio (Non-Conforming), 1 Studio + Loft, 3 One-Bedroom/ One-Bathroom Units, 1 Two-Bedroom/ One-Bathroom Unit. Located just minutes from Old Town Pasadena, the property benefits from immediate proximity to one of the region's most vibrant employment, retail, and lifestyle hubs. Tenants enjoy access to high-end dining, boutique shopping, entertainment venues, and cultural attractions, all of which drive consistent rental demand and support above-average rent growth. The surrounding area is characterized by tree-lined residential streets, historic charm, and limited new multifamily development, creating a high barrier to entry for competing supply. Pasadena's strong demographics, affluent renter base, and landlord-friendly rental dynamics further enhance the investment profile. The property is strategically positioned near major employment anchors including Caltech, Pasadena City College, Huntington Hospital, and the Jet Propulsion Laboratory (JPL), which provide a stable and diverse tenant pool. Convenient access to the 210 and 134 freeways, as well as nearby Metro transit options, ensures strong regional connectivity throughout Greater Los Angeles. 301-303 N Hudson Ave offers investors a compelling combination of location-driven demand, attractive unit mix, and long-term upside in a proven Pasadena submarket with a history of strong rent performance and asset appreciation.
Great investment opportunity in Pasadena! This fully renovated 4-unit apartment property is located in a highly desirable area and offers strong rental potential with major upgrades already completed. Improvements include a brand-new roof on both the main building and garage, newer garage doors, a fully replaced master sewer line, and freshly painted exterior. Units 2 and 3 have been completely renovated with modern kitchens, updated bathrooms, new flooring, fresh interior paint, new windows, and split AC units etc. Unit 1 was recently updated with a new kitchen and new bathroom including a new toilet, shower mixer, and faucet. All four units have brand-new water heaters relocated to the exterior with permits for better interior space and functionality. The property also features five split AC units, three single-car garages, and one carport. With quality renovations throughout and minimal maintenance needed, this property is move-in ready and ideal for investors or owner-occupants seeking steady rental income.
Location! Location! Location! *This lovely well-maintained 6-Unit Apartment is in the prime Lake Ave/California Caltech District. * Only short distance from the financial district, hospitals, various schools, dining and shopping, makes the property ever popular for rental opportunities. * Desirable and convenient transportation to Gold-Line Metro Link, 110/210/2/134 Freeways, makes the property in demand for DTLA professionals who would like to enjoy the fun and trendy places and activities in the City of Pasadena/SGV. * Excellent Unit-Mix with the types of units (1) Larger Front Unit 2 BDRM/2 baths, (1) 2 BDRM/1.5 bath, (2) 2 BDRM/1 bath and (2) 1 BDRM/1 bath. * Almost all units are with inside Laundry hook-ups, newly replaced electrical sub-panels, various of the window A/C, heater, water heater, washers and dryers have been replaced. Roof was replaced in 2014. 6-Units building is not required to have on-site Manager. * Lots of potentials with the monthly rent amounts being lower than the market value. Pride of ownership.. show and sell!
We are pleased to present Garfield Apartments, a well-maintained, value-add multifamily community located in Pasadena, California. The property features an attractive unit mix of spacious 1 and 2-bedroom units, catering to strong and consistent renter demand in this desirable submarket. Garfield Apartments offers a compelling value-add opportunity, with approximately 35% upside in rents. The property currently operates at a 5.1% cap rate and has the potential to achieve an 8% cap rate with market rents. Property amenities include covered parking, gas cooking, individual gas and electric meters, and a shared on-site laundry facility. A key differentiator of the offering is the highly attractive assumable financing, featuring a 3.58% interest rate, interest-only until 2027, and fixed until 2029. The $1.5 million assumable loan significantly enhances leveraged returns and provides a hedge against today’s interest rate environment. Garfield Apartments represents a rare opportunity to acquire a stabilized, well-located asset with strong in-place income, favorable financing, and substantial upside.
**BROKERS LOOK AT AGENT REMARKS**. 6% CAP RATE, TURN-KEY PROPERTY! We are pleased to present this 22-unit multi-family property that has undergone extensive updating and renovation. A turn-key investment with a 6% Cap Rate, on the south side of Pasadena. Significant capital improvements include updated electrical, plumbing, drain lines, windows, doors and driveway/parking. The unit mix consists of 4 large 1-bed + 1-bath units and 18 Singles/1-bath with full size kitchens. All units have been renovated to include laminate or vinyl flooring, granite countertops, new cabinets, renovated bathrooms, stainless steel appliances and updated heat/AC systems. Tenants enjoy gated parking and a secure on-site laundry room. The property is meticulously maintained and managed by the ownership. Thoughtful and strategic property improvements enhance tenant appeal and rentability as well as reducing near-term capital expenditure exposure. The unit mix offers high rentability and flexibility in a dynamic rental market. Located not far from CalTech, PCC and the city of San Marino help make the location desired and convenient.
Prime 10-unit Value-add several blocks from CALTECH and PCC, 5.25% In-place CAP Rate in Class A Location, Very Well-maintained with no known deferred maintenance, Easy to Manage and Rent, Corner lot on Union St, Walkscore 94, 1 unit is vacant and can be delivered vacant. 112 N Mar Vista, a very well-maintained property in an excellent location only several blocks away from CALTECH and Pasadena City College. With a walk score of 94 and proximity to many amenities in the area including Lake Ave District and Old Town Pasadena and flurries of restaurants along Colorado Blvd, this community offers an ease of management and easy to rent investment. Offered at an attractive 5.25% CAP Rate, this investment presents an excellent opportunity for savvy investors to buy a very well-located apartment with no known deferred maintenance and excellent in-place rents. The property was built in 1959 and situated on southeast corner of Mar Vista Ave and Union St. It has a total of ±6,920SF building size and is situated on a large ±8,744SF R4 lot. It has small lawn in the front with side paver stone courtyard that provides easy access to units. The roof is in excellent condition, all the windows have been upgraded, and the property has updated exterior paint. It offers an excellent unit mix of two (2) 2-bedroom+1-bathroom, and eight (8) 1-bedroom+1-bathroom units. Approximately 8 out of 10 of the units have had upgrades with updated kitchen, updated flooring and updated bathroom (buyer to verify). The units are spacious and bright with updated dual pane windows throughout. One unit is vacant and can be delivered vacant There are 9 parking spaces provided by carports in the back – there is no soft story retrofit required. Parking is secured by an automatic parking gate. There is a shared laundry room with seller’s own machines. Each unit is separately metered for gas and electricity.
Secure a high-performance, low-management investment with this extensively renovated 8-unit property located at 790 E. Orange Grove Blvd. in beautiful Pasadena, CA. This asset offers the ideal combination of stable, immediate cash flow and mitigated future expenditure risks. The property features five units fully renovated to the studs and three new construction ADUs, ensuring minimal maintenance needs for years to come. Updates include new roofs, full replacement of plumbing and electrical systems, new windows, doors, flooring, and modern kitchens/baths throughout. All units are equipped with central HVAC, new appliances, and all but one unit include private in-unit laundry, driving high tenant demand and retention. New construction units are equipped with solar panels contribute to efficiency and lower operating costs. The property is 100% occupied at market-rate rents, featuring a highly desirable mix of two 2 bedroom and 2 bathroom units, two 2 bedroom 1 bathroom units, three 1 bedroom 1 bathroom units and one studio. Tenants are responsible for all utilities except water and trash. This opportunity delivers the advantages of a new build investment asset with zero vacancy loss from day one. For a low-hassle, income-producing property with proven returns, your search ends here.
A rare opportunity to acquire a fully vacant duplex in one of Pasadena’s most sought-after neighborhoods—an ideal scenario for both investors and owner-occupants. Properties offering two empty units are increasingly hard to find, providing immediate flexibility for rental, personal use, or repositioning. Centrally located near Colorado Blvd, Pasadena City College, and the Huntington Library, this property is surrounded by top-rated schools, cultural landmarks, and vibrant local amenities. Each unit features 1 bedroom and 1 bathroom, its own private driveway accommodating up to two vehicles, and a fenced front yard for added privacy and comfort. With no HOA and minimal ongoing maintenance, this property offers strong income potential with low operating costs. The duplex also presents excellent upside for long-term appreciation, future enhancements, or expansion opportunities. Whether you plan to live in one unit and lease the other, establish a multi-generational living setup, or maximize dual rental income, this property offers exceptional versatility and investment appeal. A compelling opportunity to secure a flexible, income-producing property in the heart of Pasadena. *One or more photos have been virtually staged to help the buyer visualize the space's potential. These photos do not reflect the current inventory of furniture within the home.*
We are pleased to present a rare opportunity to acquire 87 El Nido Ave, a well-maintained 6-unit apartment building. Ideally positioned between Colorado Blvd and Del Mar Blvd Avenue, this property is situated in the highly sought-after Pasadena rental market a prime location with strong tenant demand.Spanning a 10,971-square-foot lot with 2,816 square feet of gross building area, the property features a highly desirable unit mix of (6) one-bathroom units offering significant rental income potential. The average unit size is469 square feet. Residents enjoy access to premium amenities including in-unit laundry, air conditioning and assigned garage parking.Built in 1941, the properties current rents are approximately 22% below market, presenting a compelling value-add opportunity for investors.Pasadena's strong employment base and consistent demand for quality rental housing further enhance the investment appeal.
PLEASE DO NOT DISTURB TENANTS.In the heart of Pasadena, this unique offering presents the best of both worlds: two fully detached homes, each with its own private, gated backyard, set on over 10,000 square feet of lushly landscaped grounds.The front residence is a charming early 20th-century Craftsman Bungalow, featuring two bedrooms and one bath, and capturing the warmth and character of a bygone era. Tucked quietly behind it, the Spanish-style home offers one bedroom and one bath, showcasing original built-ins, beautiful wood detailing, and the distinctive artistry that defines Pasadena's historic architecture.Both homes enjoy soft natural light throughout the day, mature trees, tranquil garden settings, and separate gated yard spaces, creating a true sense of privacy. The property also includes two dedicated parking spaces adjacent to a one-and-a-half-car garage.Ideally located just two blocks north of Washington Park and minutes from Pasadena City College, Caltech, and the 210 Freeway, this property balances peaceful living with exceptional convenience.Whether imagined as a multi-generational compound, or that income property you've been looking with enormous potential, the possibilities are truly endless.Both homes are currently tenant-occupied.
Please Not Disturb Tenants, Drive By Only ! This fully occupied 6 units 4 Building income property in the heart of Pasadena, Situated within walking distance to Pasadena City College and near by Caltech. Unit #92 - 6 Bedrooms 2 Bathrooms 2,073 Sq Ft, Unit #94 - 1 & 2 & 3 - each unit 2 Bedrooms 1 Bathroom 780Sq Ft, Unit #98 - 1 Bedroom 1 Bathroom 528 Sq Ft, Unit #100 - 3 Bedrooms 2 Bathrooms 1,300 Sq Ft, This Property Zone RM32, Offer significant development potential 9 - 11 units Condo Project in one of the most desirable and transit- accessible neighborhoods in the City. This asset allows you to collect income immediately while submitting plans for new construction. That's Unique Investment Opportunity ! ! !
This multi-family duplex is located in the Garfield Heights area of Northwest Pasadena, a quiet and well-connected neighborhood. Just minutes from Old Town Pasadena, the Rose Bowl Stadium, and local parks, it also offers easy access to schools, supermarkets, retail shops, public transit, and various local amenities. A central location and strong rental appeal. This duplex includes two separate units totaling approximately 1,526 sq.ft. Together, they offer 4 bedrooms and 2 bathrooms, with separate electric, gas, and water meters. A wide concrete driveway provides shared on-site parking. Front Unit-Built in 1957, this unit includes 2 bedrooms, 1 bathroom, approx. 704 sq.ft. of living space, a spacious front yard, updated countertops, ample natural light, and in-unit laundry. Back Unit - Built in 1921, the back unit offers 2 bedrooms and 1 bathroom across 822 sq.ft. It features a large laundry room, basement for extra storage or utility use, upgraded electrical, newer vinyl windows, refreshed fireplace, and a nearby vintage carriage-style structure for added storage or creative use. With its prime location, functional layout, and recent updates, this duplex is a valuable investment. Whether you plan to live in one unit and lease the other, or hold it for rental income and future growth, it delivers long-term value in one of Pasadena’s most desirable markets.
Duplex in a beautiful tree-lined neighborhood, this duplex total 1895 sqft sits on an expansive 8,025 sq ft lot with RM16 zoning (buyer to verify with the City of Pasadena). Ideally located near PCC and Caltech.
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 high-potential property in a highly desirable area.
LOCATION! LOCATION! LOCATION! 13 units pride of ownership, near Old Town. This is a Must See.
Nice location near Pasadena community college, close to freeway and shops. All 3 units are rented.
Located at 2010 N. Los Robles Ave., just south of Woodbury, this 8-unit courtyard-style apartment building offers an excellent unit mix and strong rental appeal. The property consists of six spacious one-bedroom/one-bath units averaging approximately 735 sq. ft., along with two large two-bedroom/one-bath townhome units of approximately 935 sq. ft. Residents enjoy a charming central courtyard and patio area, front and back private entrances, washer/dryer hookups, and select units with private patio seating. The property also includes eight single-car garages plus additional open parking spaces. Ideally located just minutes from Old Town Pasadena, the Rose Bowl, the 210 Freeway, and JPL, this well-maintained property presents a compelling opportunity for investors seeking a stable asset in a highly desirable rental market
Start the year with a great opportunity! 2 UNITS, both are 2-bed, 1-bath, with a living room, and dining room, separated by a 2-car carport. Located on an expansive, large lot with plenty of room to add a third unit ADU (Check with the city, property is zoned RM-12). GREAT LOCATION - Located just east of the Rose Bowl, and minutes away from the freeway, and Old Town Pasadena. The property was built in 1961 and has a total of 1800 sq.ft. (900 sq.ft. a unit), and lot size of 7,665 sq.ft. The property is gated with a long concrete driveway, has newer windows, and the roof was installed in 2020. Property is delivered fully occupied. Please do not disturb tenants. This property is perfect for investors looking to modernize and maximize rental income. Don't miss out on this opportunity!
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.
