WELL MAINTAINED TRIPLEX! Conveniently located just South of the 210 Freeway, this property offers the new owner numerous options. The front house measures approx. 1,345 SF +/-, was built in 1921 and tastefully updated. The home consists of 3 bedrooms, 2 baths, spacious living room, updated kitchen with granite counters and built-in appliances, indoor laundry, central air & heat and ample on-site parking. The rear duplex was built in 1989. Each unit measures approx. 1,000 SF +/- and offers 2 bedrooms and 2 baths, an inviting open concept kitchen dining area, spacious living area, indoor laundry, central air & heat and ample natural light. (Buyer to independently verify square footage info.) The building features 6 carport spaces in addition to 1 uncovered parking space on the driveway. Other amenities include, C/A & heat in each unit, updated plumbing and electrical and professional landscaping. Each unit has its own water heater and they are separately metered for gas and electricity. Buyer to check and verify with the City of Pasadena about the possibility to convert part of the parking area into an ADU. The property is subject to local Pasadena rent control, so buyers are encouraged to verify and familiarize with local laws. PLEASE DO NOT DISTURB THE TENANTS. DRIVE-BY ONLY.
Three units in desirable location. Near public transportation, metro station, shopping and eateries. The front building is a 2 story duplex. #52 is downstairs and it is vacant. Both # 52 and # 54 have dual paned windows and newer floor coverings. # 56 is in a separate structure above the three car garage. Exterior stairway, garage doors and roof were replaced in 2021. Exterior was painted in 2021. There is a storage space and laundry hook ups in laundry room. The laundry room and storage spaces combined could be an ideal junior ADU. No appliances are there now. Roof is newer Tenants pay for gas, electric and trash services.
Legacy property in a premier Pasadena location. Located at 514-570 N Madison, this offering includes six contiguous parcels totaling 77,460 square feet of land. Currently, the property features 25 existing units, primarily bungalows, across a combined building footprint of 19,506 square feet. The low building-to-land ratio creates a significant opportunity for a visionary investor or developer to unlock the full potential of the site through extensive ADU development. There is potential to add 25 new ADUs across the property. This development could nearly triple gross income, offering multiple exit strategies or establishing a valuable legacy asset for long-term investment. CAN BE SOLD TOGETHER OR SEPARATE.
3301 Grayburn Road located in Chapman Woods area of east Pasadena. Beautiful single level 3-bedroom home with great curb appeal at the end of a quiet cul-de-sac. 3,125 SqFt of living space including the 2-level, 1-bedroom, 2-bath ADU in rear. In total, 4 bedrooms and 5 bathrooms. Main house with beautiful beamed ceilings. Wide open den, dining room, and kitchen with updates. Lots of storage including a large finished basement. ADU has separate entrance, full kitchen, one half-bath, laundry area, living room and large closet on ground level. Upstairs in ADU is a wide, loft-style bedroom with 3/4-bathroom. Parking for all is on driveway or carport. Easy maintenance. Convenient commute to DTLA. This is a great opportunity for anyone looking in Pasadena. Easy to show!
Located at 1512 Whitefield Road in Pasadena, this charming triplex blends historic character with modern updates, offering an ideal owner/user setup. The home is highlighted by a welcoming covered entry, exuding classic appeal, built in 1920 and measures approx. 950 SF. The home features 2 spacious bedrooms and 1-bath, an updated kitchen, spacious living room, sep. laundry room and updated electrical. The rear duplex, built in 1923, consists of (1) 1-bedroom/1-bath unit and (1) 1-bedroom/1-bath plus a den/home office that has recently been fully renovated. The updated unit boasts new plumbing, electrical, windows, doors, and a stylish new kitchen and bath. It also includes new appliances, a stackable washer and dryer, a separate water heater, and direct access to the cozy rear yard. Each unit in the property offers its own laundry, enhancing convenience for tenants or residents. The detached garage and storage is situated at the rear of the driveway, offering ample storage. Situated in a prime Pasadena location, the triplex is within easy reach of local shops, restaurants, and all the best the city has to offer. This property is a perfect blend of vintage charm and modern comfort, making it a rare and highly desirable opportunity.
Welcome to 127-131 N. Greenwood Ave, Pasadena. This beautifully updated triplex combines classic charm with modern upgrades, offering both comfort and exceptional income potential. Situated on a spacious lot with three separate buildings, this property offers privacy, and versatility. The front two units consist of 1-bedroom, 1-bath units with private entrances. Each unit features bright interiors, functional layouts, and updated finishes. The rear building features a generously sized 2-bedroom, 2-bath unit perfect for owner occupancy. This unit consists of a new roof and updated windows, fresh interior paint, a spacious walk-in closet, hardwood floors throughout, a cozy fireplace in the living room, stainless steel kitchen appliances, indoor laundry and a private side yard. Additional property features include new exterior paint and refreshed landscaping, detached 2-car garage with ample storage, additional driveway parking, and an upgraded electrical system. Currently tenant-occupied with strong rental income, the property also offers room for rental growth in a high demand neighborhood. Located minutes from Old Town Pasadena, the Rose Bowl, Caltech, and a wide range of excellent dining, shopping, and entertainment options, don’t miss the opportunity to own this updated, income-generating property in one of Pasadena’s most desirable neighborhoods.
This charming Traditional, built in 1939, is sited on a tree-lined street in Northeast Pasadena. Its light-filled floor plan offers two bedrooms, one tastefully remodeled bath, spacious living room with fireplace, formal dining room and laundry room, plus generous closet space throughout. The sunny kitchen showcases ample cabinetry, quartz counters and new stainless steel appliances. Architectural details abound, including refinished hardwood floors, built-ins, authentic period hardware and elegant moldings. Modern comforts -- newer central heating and air conditioning, updated electrical panel and plumbing, and fresh interior and exterior paint -- seamlessly blend with the home's timeless character. In the rear, a private patio leads out to the fenced yard complete with mature plantings. A second unit at 1766 Whitefield Road, built in 1958, features one bedroom, one full bath, dining area and separate yard. Currently occupied by a long-term tenant, it has updated plumbing and a newer electrical panel. In addition, the large workshop, conveniently adjacent to the detached double garage, is well-suited for use as a studio or home office. Whether you're an owner-occupant looking to offset costs with rental income or an investor seeking substantial upside potential, this property presents an exceptional opportunity in a desirable location.
Discover this delightful duplex located in the heart of Pasadena, offering a perfect blend of character and convenience. This property features: Two Spacious Units, each unit boasts bright, airy living spaces, updated kitchens, and modern bathrooms. Both units have been recently and fully tastefully remodeled. Excellent Layout, ideal for multi-generational living, rental income, or living in one unit while renting out the other. Prime Location, nestled in a quiet neighborhood, just minutes from Old Town Pasadena, shops, restaurants, and entertainment. Outdoor Space, a private backyard and patio perfect for relaxation or entertaining. Ample Parking, includes a 1-car garage and additional driveway space. Whether you’re looking for an investment opportunity or a place to call home, this property has it all. Don’t miss out!!!
Welcome to RIO GRANDE Apartments, a unique and attractive investment opportunity in a PRIME Pasadena location. This well-maintained building features four identical units, each offering 2 bedrooms, 1 bathroom, and a generous 832 sq. ft. of living space. The units are equipped with solid wood front doors, modern kitchen cabinets, tile countertops, laminate flooring, double-pane windows, and three mini-split AC units. Notably, recent upgrades include two new water heaters installed in 2018 and a complete renovation of one unit in 2019. The downstairs units boast private backyards with gardens and new wooden fences, while the upstairs units feature private balconies. Each unit provides one garage parking space and one tandem parking spot. Located conveniently close to bus stops, grocery stores, restaurants, shops, and the Rose Bowl, with easy access to Old Town, downtown LA, and various Pasadena sports venues, the RIO GRANDE Apartments represent a highly sought-after rental property in the market.
Discover a unique duplex in a prime Pasadena location, offering charm, convenience, and versatility. This property features two thoughtfully designed units, ideal for investors or multi-generational living. The front unit is approx. 800 Sq. Ft. 2-bedroom, 1 full-size bathroom layout with a bonus room, beautiful front yard, a covered private side yard, indoor washer/dryer hookups, and a pleasant enclosed patio. The rear unit complements the front with its own 2-bedroom, 1-bathroom sanctuary and approx. 710 Sq. Ft. The updated kitchen, spacious bedrooms, and cozy sitting area provide a relaxing retreat for any lifestyle. Upgrades include a new roof, energy-efficient windows, and a wall-mounted AC and heating system, ensuring year-round comfort. Conveniently located near shopping, dining, and the Metrolink, this property combines contemporary living with accessibility. Live in one unit while renting out the other, unlocking income potential or creating a flexible living arrangement.
Don’t miss this rare chance to own a duplex with outstanding rental income potential in one of Pasadena’s most desirable areas! Centrally located near Colorado Blvd, Pasadena City College, and the Huntington Library, this property is surrounded by prestigious schools and vibrant amenities. Both units are 1-bedroom, 1-bathroom, each with its own driveway (fits 2 cars) and a fenced front yard for added privacy. From 2019, the combined rental income has been an impressive $3,900/month, with one long-term tenant in place for over 5 years! No HOA fees, and minimal maintenance costs make this a highly profitable and stress-free investment. With immense potential for future value appreciation or possible additions, this is a unique opportunity to invest in Pasadena living. Whether you’re looking to live in one unit and rent the other, create a multi-generational setup with privacy, or simply enjoy dual rental income from both, this duplex is the perfect choice. Seize the chance to own a versatile, income-generating property in the heart of Pasadena. Opportunities like this don’t last—schedule a showing today!
TRIPLEX IN EXCELLENT LOCATION! Tucked away on the corner of S. El Molino Ave. and the small side street Palm View Place, sits this fantastic triplex with so much to offer a new owner. Just a few blocks and short walk to South Lake Ave. and Trader Joe's make these excellent rentals or an owner user opportunity. There is one 2 Bed + 1 bath unit, approx. 900 SF +/- and two 1 Bed + 1 bath units, approx. 600 SF +/- each, (Buyer to independently verify square footages). Two units have been completely remodeled and offer wood flooring, recessed lighting, updated kitchens and bathrooms including cabinets/appliances and newer central AC and heat. The building features updated plumbing and electrical, a pitched roof that is in great condition and enclosed garages for three cars in addition to open parking on the driveway. A big value add play is the possibility to convert the garages to an ADU fourth unit, Buyer to verify with city. Each unit has its own water heater and they are separately metered for gas and electricity. The property is subject to local Pasadena rent control, so buyers are encouraged to verify and familiarize with local laws. PLEASE DO NOT DISTURB THE TENANTS. DRIVE-BY ONLY.
TRIPLEX IN EXCELLENT LOCATION! Tucked away on the corner of S. El Molino Ave. and the small side street Palm View Place, sits this fantastic triplex with so much to offer a new owner. Just a few blocks and short walk to South Lake Ave. and Trader Joe's make these excellent rentals or an owner user opportunity. There is one 2 Bed + 1 bath unit, approx. 900 SF +/- and two 1 Bed + 1 bath units, approx. 600 SF +/- each, (Buyer to independently verify square footages). Two units have been completely remodeled and offer wood flooring, recessed lighting, updated kitchens and bathrooms including cabinets/appliances and newer central AC and heat. The building features updated plumbing and electrical, a pitched roof that is in great condition and enclosed garages for three cars in addition to open parking on the driveway. A big value add play is the possibility to convert the garages to an ADU fourth unit, Buyer to verify with city. Each unit has its own water heater and they are separately metered for gas and electricity. The property is subject to local Pasadena rent control, so buyers are encouraged to verify and familiarize with local laws. PLEASE DO NOT DISTURB THE TENANTS. DRIVE-BY ONLY.
Located in the vibrant heart of Pasadena, this property bene?ts from the city’s rich cultural heritage, stunning architecture, and thriving arts scene. The area is known for its diverse community, world-class museums, and commitment to sustainability, making it an attractive destination for residents and visitors alike. This historic building, originally constructed in 1896, has undergone extensive renovations, completed this year. Upgrades include all new plumbing, enhanced electrical systems, freshly painted exteriors, new vinyl fencing, and new roofs throughout. These improvements ensure a modern living experience while preserving the property’s unique charm. The property features four well-designed units: 1 x 1 Bedroom, 1 Bathroom 1 x 2 Bedroom, 1 Bathroom 2 x 3 Bedroom, 1 Bathroom This diverse unit mix cater s to a variety of tenants, from singles and couples to families, enhancing rental demand and potential cash ?ow. Situated on a large 10,014 SF lot, the property offers signi?cant development potential. The buyer has the opportunity to build an additional four 1 Bedroom, 1 Bathroom units, expanding the total square footage by approximately 1,600 SF. This potential for expansion presents an attractive avenue for increased revenue and long-term investment growth. Pasadena's location near Los Angeles, combined with its desirable amenities, supports a robust rental market. The area attracts a steady in?ux of residents seeking quality housing in a vibrant community, positioning this investment for strong occupancy rates and rental income. This property represents a unique opportunity to invest in a newly rehabbed multifamily building in a sought-after area of Pasadena. With its combination of historic charm, modern amenities, and potential for expansion, this asset is poised for signi?cant appreciation and ongoing cash ?ow. Don’t miss your chance to acquire this exceptional property in one of Southern California’s most desirable cities!
Courtesy: Keller Williams Realty
Looking for an investment with exceptional growth potential? This 6-unit apartment building in sought-after Pasadena offers an incredible opportunity to enhance your returns. Located in a prime area with a robust rental market, the property features under-market rents, providing approximately 30% upside potential. With light renovations, you can increase rents and boost property value. Additionally, the property allows for the addition of three ADUstwo detached and one partially attached to an existing structureoffering even more income potential. Pasadena's strong job market ensures a reliable tenant base, while the CAP rate will vary depending on the final property tax assessment. Don't miss this chance to invest in a high-demand location with room for significant value growth.
Looking for an investment with exceptional growth potential? This 6-unit apartment building in sought-after Pasadena offers an incredible opportunity to enhance your returns. Located in a prime area with a robust rental market, the property features under-market rents, providing approximately 30% upside potential. With light renovations, you can increase rents and boost property value. Additionally, the property allows for the addition of three ADUstwo detached and one partially attached to an existing structureoffering even more income potential. Pasadena's strong job market ensures a reliable tenant base, while the CAP rate will vary depending on the final property tax assessment. Don't miss this chance to invest in a high-demand location with room for significant value growth.
PRIME PASADENA LOCATION! Don't miss this rare opportunity to acquire a classic 7-unit Pasadena rental property located walking distance to the recently opened Erewhon market and all the shops and restaurants of South Lake Avenue. Offering a very strong unit mix of three 2 Bed + 1 bath units and four 1 Bed + 1 bath units with rents that offer a new owner, steady and realistic rental income growth. With good curb appeal and a unique building layout make this property not a typical box apartment building. Improvements include several units being completely renovated, updated plumbing throughout property, newer dual pane windows, recently replaced roofs, the elevated decking have been inspected and the SOFT-STORY RETROFIT COMPLETED! Other features include 8 on-site parking spaces and tenant storage cabinets, separate water heaters, community laundry room with coin operated machines and all the units are separately metered for gas/electricity. The property is subject to local Pasadena rent control laws, buyer is to verify and familiarize. Don't miss this chance to invest in such a prized location where properties are held for generations and don't trade hands often. PLEASE DO NOT DISTURB THE TENANTS. DRIVE-BY ONLY.
Cash positive legal duplex with a non-conforming garage conversion studio. Stylish and turnkey. The property is zoned Commercial Residential so you can also run a business there. The property is on a corner lot and thus has two separate addresses. The other address is 150 E. Tremont St. All tenants are strong renters that pay on time and take great care of the premises. The larger unit is 2 bedroom with a finished attic space that is huge and can function as an additional room or office space.
This 6-unit Value-add apartment offering provides a whopping ±6.77% CAP Rate and ±7.95% Proforma CAP Rate translates to over 9% cash-on-cash return (buyer to verify), which is currently one of the highest CAP Rate for apartments in Pasadena submarket. The property is a two-story apartment with charming colonial revival architecture. It was built in 1892; it has a large building size of ±3,608 SF and is situated on a ±8,410 SF lot. It offers a desirable unit mix of two (2) x 2bed+1bath, and Four (4) x Studio units. Five (5) units have been upgraded with brand new flooring throughout, LED lighting, updated bathroom, 4 units have brand new kitchen with quartz countertops + new kitchen cabinets + stainless steel appliances, and much more. Most of the units are very charming, 2 units have high ceilings. The remaining non-upgraded 1 unit provide ±15% rental upside, which upon turnover will take the current CAP Rate to a whopping ±7.95% proforma CAP Rate (buyer to verify). There is a garage space that is being rented out for an additional income. One of the unit is vacant and can be delivered vacant. The property is a “smart building” with lighting and sprinkler watering controlled via smartphone, and it is secured via a security camera monitoring system. The property has new exterior paint and new common area paint as well. It has a total of 7 parking spaces at the back (5 garages + 2 open space). No parking soft story is required. New owners can take advantage of the garage by renting it out or even converting it into ADU. The property has a common laundry area – the seller owns the machines. Each unit is separately metered for electricity and gas. The property is located on Marengo Ave, crossing Washington Blvd. It is located several minutes east of 210 FWY and minutes away from Old Town Pasadena. It is within minutes from Rose Bowl area, The Paseo on Colorado, museums, theaters, entertainments, groceries, cafes, shops, and other fantastic amenities in Pasadena. It has a good demographic of $102,038 average household income within a 1-mile radius. The property has superb access to FWY 210 and FWY 134 and offers an easy commute to additional employment centers of downtown Los Angeles and adjacent cities of Burbank and Glendale via 134 Freeway. It is minutes away from FWY 110 that connects to Downtown Los Angeles.
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 close to 5% 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 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. 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. The property is located within the central Pasadena area (near Pasadena City College and California Institute of Technology), south of 210 Freeway and just within minutes to Old Town Pasadena area. Boasting a Walk Score of 94 with SUPERB demographics, it offers a superior location with easy access to FWY 210 and FWY 134. It is approximately a mile away from Pasadena Playhouse District, and around ±1.8miles from Old Town Pasadena. It is also just minutes from The Pasadena Convention Center, Norton Simon Museum, Pacific Asia Museum, shopping and dining in the area. The property has superb access to FWY 210 and offers an easy commute to additional employment centers of downtown Los Angeles and adjacent cities of Burbank and Glendale via 134 Freeway.
409 N Mar Vista Ave, a value-add Triplex (3 unit) apartment community in the City of Pasadena. First time ever offered for sale since 1998 (26 years), the property offers desirable single story bungalow layout and consists of a single story SFR, and single-story duplex on the same lot. The property offers a strategic location near Old Town Pasadena, and Rose Bowl. This offering provides an excellent opportunity for a first-time apartment investor or even an owner-user to put their personal touch in a building w/ character and add value in the process. Property is FULLY occupied with tenants, and will be delivered with tenants in place (SEE AGENT REMARK). The property was built in 1928, has a total of ±2,389 SF building size and situated on a large ±11,038 SF R4 zoned lot. It offers an excellent unit mix of front house 2bedroom + 1bathroom, and a detached back duplex that consists of two (2) x 1bedroom+1bathroom units. Each building has a large private backyard and an attached garage (ideal for ADU conversion). It offers ease of maintenance and high demand due to its location and layout. Each unit is unique with plenty of charm and characters, the front house #409 and back unit #411-1/2 have arched ceiling in the living room, front house has central HVAC unit, each unit has original hardwood floor, dining area, laundry hookups, large private backyard, and so much more. The property offers ample parking with a total of 6 spaces provided by 2 attached garages which are primed for ADU’s conversions, and 4 open spaces. The property has a shared gate and driveway with the next-door property (413) and the parking gate is powered by next door property. Make sure to see agent remark.
Licensed Rooming House ON THE TOURNAMENT OF ROSES ROUTE! A well maintained turn of the century home with 8 bedrooms and 4 baths currently used as a licensed boarding house (county information is not correct) It's unique two story layout with basement includes five bedrooms down and 3 bedrooms up Each level has its own kitchen Bathrooms total 4; each level has a common bathroom , plus a full bathroom in units#2 and unit#3. The home includes a basement AND an attic, a detached garage total of 9 parking places, 8 in the rear and 1 in the front. Currently being used as a boarding house with good occupants. Highest and best use? A great opportunity for a large family, homeowner, investor and developer in the great city of Pasadena PLEASE DO NOT DISTURB THE OCCUPANTS DRIVE BY ONLY The in-house property manager and occupants would love to remain in the property which will be sorted out in the near future based on interested buyers/investors and accepted offers
Discover a prime turnkey 3-story apartment building just blocks from the renowned California Institute of Technology. This fully rehabbed property features upgraded electrical systems, 80% replumbed infrastructure, and individual electric meters. The completed soft story retrofit enhances safety and stability, while each unit boasts new bathrooms, kitchens, and flooring. Equipped with in-unit washer/dryer combos, stoves, refrigerators, and microwaves, these apartments are designed for easy rental and high occupancy rates. With its strategic location near Caltech, this property is an outstanding opportunity for investors seeking a cash-flowing asset in a desirable area.
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.
