Pasadena CA Real Estate &

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Beds:
n/a
Baths:
Sq.Ft.:
21,260
Status:
NEW LISTING
MLS#:
TR26122576
Type:
Townhouse
Lot size:
0.39 Acres
Year built:
2010
Listed by Graceland Investment, Inc. Grace Lee
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ADDITIONAL INFORMATION

Prime location in the heart of Pasadena. Gated 12 units luxury townhomes. Built in 2010. One unit is a 2 bedrooms and all other 11 units are 3 bedrooms with 2.5 or 3.5 bedrooms. Underground parking. Each unit has a 2 car garage. New exterior paint and new backyard concrete. Super convenient location, walking distance to shops, supermarkets and lots of restaurants. Close to Cal Tech, playhouse district, and The Huntington Library

Beds:
n/a
Baths:
Sq.Ft.:
34,815
Status:
NEW LISTING
MLS#:
PW26122848
Type:
Apartment
Lot size:
0.44 Acres
Year built:
1972
Listed by Triqor Group Ryan Loria
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ADDITIONAL INFORMATION

Madison Luxury Apartments presents a rare opportunity to acquire a meticulously maintained 34-unit apartment community in the heart of Pasadena, ideally positioned between the highly desirable Madison Heights and Playhouse Village neighborhoods. Offered for sale for the first time since its original construction, this trophy asset features an attractive mix of spacious one-bedroom/one-bathroom and two-bedroom/two-bathroom residences with private balconies or patios, semi-subterranean parking, and a rooftop recreation area showcasing panoramic views of Old Pasadena and the San Gabriel Mountains. The property has benefited from significant capital improvements, including a new roof (2020), all-new copper plumbing (2018), a complete low-voltage electrical rewire, remodeled elevator, security camera system, and the installation of 17 electric vehicle charging stations. Residents also enjoy access to a shared laundry facility and a location that offers an exceptional blend of convenience, lifestyle, and connectivity. Situated just minutes from Old Pasadena and the Shops on Lake Avenue, Madison Apartments places residents within walking distance of some of Pasadena’s premier dining, shopping, entertainment, and cultural destinations. The surrounding neighborhood is characterized by tree-lined streets, historic architecture, top-rated schools, nearby parks, and convenient access to major employment centers and public transportation, supporting strong demand from a diverse and stable tenant base. From an investment perspective, Madison Luxury Apartments offers both immediate income and long-term upside. The property currently generates strong in-place cash flow at a 5.6% cap rate, 7.4% with market rents, representing approximately 25% upside in rental income. Combining a premier Pasadena location, extensive recent upgrades, proven tenant appeal, and meaningful potential, the property represents an exceptional multifamily investment opportunity in one of Southern California’s most sought-after rental markets.

Beds:
n/a
Baths:
Sq.Ft.:
36,983
Status:
NEW LISTING
MLS#:
WS26119866
Type:
Apartment
Lot size:
0.49 Acres
Year built:
1961
Listed by Keller Williams Realty/Pasadena KEVIN LUTZ
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ADDITIONAL INFORMATION

The Wilson Apartments and Townhomes is in the Caltech neighborhood in Pasadena. This 38-Unit community is a premier asset which rarely comes to market in this absolute A+ location. This coveted address places you near the charming Shoppes on South Lake, the esteemed Cal Tech Institute of Technology, and an array of Pasadena’s most beloved attractions, offering an unparalleled lifestyle of convenience and sophistication. This apartment and townhome community presents a blend of thoughtfully designed residences, including four spacious 3-bedroom, 2.5-bathroom townhomes, six 2-bedroom, 2-bathroom units, and twenty-eight charming 1-bedroom, 1-bathroom units. With many of the units having stylish plank flooring, modern electric stoves, and the comfort of central heating and air conditioning. Nearly half of the AC units have already been upgraded for optimal efficiency. The building has undergone partial re-piping with copper and the owner has recently completed replacing all electrical subpanels inside the units. With rents still below market and the ability to modernize the units even further, Wilson Apartments and Townhomes offers investors value-add upside in arguably one of the best locations in the city. Secure Parking, Modern Amenities, and Unmatched Tenant Appeal Residents enjoy remote accessed gated subterranean parking, featuring 38 assigned, gated spaces. Additional amenities include elevator access from the parking, pool and onsite laundry facility. Best in class location coupled with the amenities, attracts renters ranging from students to professors to local area workforce employees. Looking ahead for investors, there are no requirements for soft story retrofit and SB 721 has been completed. Whether you seek an exceptional investment opportunity or a property that blends comfort, and prime accessibility, Wilson Apartments and Townhomes is a rare Pasadena community, any astute investor should have interest.

Beds:
n/a
Baths:
Sq.Ft.:
3,377
Status:
NEW LISTING
MLS#:
WS26119724
Type:
Apartment
Lot size:
0.19 Acres
Year built:
1953
Listed by Compass TONY MA
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ADDITIONAL INFORMATION

Prime Pasadena Multifamily Investment Opportunity! Located at 56 N. Parkwood Avenue, this five-unit Pasadena multifamily property features an attractive unit mix of 2 (2BD/1BA) units and 3 (1BD/1BA) units. Two of the 1-bedroom, 1-bathroom units is currently vacant and available for rent, providing immediate upside potential for investors and owner-users alike. A floor plan and interior photos of the vacant unit are included, allowing prospective buyers to evaluate the layout, condition, and rental potential. Ideally situated near Caltech, Pasadena City College, Huntington Hospital, Old Town Pasadena, and the South Lake Avenue shopping and dining district, the property benefits from strong rental demand and convenient access to major employment centers, public transportation, parks, and entertainment. Whether you're seeking stable cash flow, future rental growth, or a long-term hold in a high-demand market, this Pasadena multifamily property offers an exceptional investment opportunity. With its desirable unit mix, prime location, and immediate leasing opportunity, 56 N. Parkwood Avenue is well-positioned for both current income and long-term appreciation. Don't miss this chance to own a five-unit Pasadena investment property with strong fundamentals and significant upside potential.

Beds:
n/a
Baths:
Sq.Ft.:
4,055
Status:
NEW LISTING
MLS#:
AR26120225
Type:
Apartment
Lot size:
0.22 Acres
Year built:
1960
Listed by Growth Investment Group Pasade Handoko Chen
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ADDITIONAL INFORMATION

Pride-of-Ownership 7-Unit Multifamily in Lamanda Park Area, Beautifully Maintained Apartment in an Excellent Location, Excellent Demographics (±$172k) – Walkscore 90, New Roofs, New Exterior Paint, and Other Recent Capital Improvements, Mature SFR Neighborhood, First Time for Sale Since 2009, Clear ADUs Upside. 63-67 S Daisy Ave, a pride-of-ownership 7-unit multifamily gem in Pasadena's Lamanda Park neighborhood. This property represents a rare "Value-Add" play in a Class-A location, offering an actual over 5% CAP rate with significant potential for further appreciation through rental increases, ADU development and long-term improvements. This garden-style asset sits in an A-location, in a mature and quiet single family residential neighborhood – adjacent to newer built condominiums, yet only minutes to central Pasadena via Colorado Blvd. With a Walk Score of 90, Fantastic Demographics of $172k in a-mile radius, and proven appeal to high-caliber tenants (including international PCC students and Caltech professionals), it delivers effortless leasing and superior retention – most units rent to young pros seeking walkable luxury. Built in 1960, the 4055 SF property sits on a 9496 SF lot boasts pride of ownership Single Family Residential feel and has been meticulously maintained by current ownership. First time offered for sale since 2009, the beautiful apartment consists of 2 buildings: front SFR style triplex and back single-story fourplex. Unit mix includes 1 x 2bedroom+1bathroom and 6 x 1bedroom+1bathroom. The front 2bedroom unit is a single family house setting with private patio, 2 car garage (direct access) and central heating. The back fourplex is a single story layout with a novel semi-private patio which makes it very attractive and easy to rent units. Each unit is spacious with either carpet or wood floor, all units have laundry hookups in kitchen area (2 units in the front comes with laundry machines), individual water heater, and individually metered for electricity and gas. Parking is provided by 8 spaces – 2 car garage for the front 2bedroom unit, 1 open space, 4 car garage in the back and 1 carport in the back (accessible through alley). It has undergone many recent Capital Improvements such as: brand new roofs, brand new exterior paints, and brand new contemporary cable fence. The back of the property is adjacent to the highly rated WALDEN Elementary School.

Beds:
n/a
Baths:
Sq.Ft.:
5,001
Status:
NEW LISTING
MLS#:
AR26119886
Type:
Apartment
Lot size:
0.23 Acres
Year built:
1947
Listed by Growth Investment Group Pasade Handoko Chen
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ADDITIONAL INFORMATION

RAYMOND SEVEN - 425 N Raymond Ave, a 7-unit Turnkey 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 Close to 6% CAP Rate (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. Several units have large bedrooms and/or kitchens, and some units have had some upgrades which include updated vinyl wood plank/flooring. All units have smooth ceilings.

Beds:
n/a
Baths:
Sq.Ft.:
2,181
Status:
NEW LISTING
MLS#:
P1-27424
Type:
Duplex
Subdivision:
Not Applicable
Lot size:
0.24 Acres
Year built:
1924
Listed by Berkshire Hathaway Home Servic Hilda Hernandez
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ADDITIONAL INFORMATION

Exceptional Pasadena opportunity! Two completely detached homes on an expansive 10,000+ sq. ft. lot--a rare configuration delivering unmatched flexibility. Perfect for savvy investors, multi-generational living, or an ultimate live/work setup, both units will be delivered vacant. Front Home: A charming 3BR/1BA cottage full of potential. Highlights include a welcoming front porch, enclosed patio/den, kitchen-adjacent laundry room, and a lush, private backyard, plus a two-car carport and detached storage. Rear Home: A classic 1950s Mid-Century traditional 3BR/1BA with a wonderful sense of privacy. Features its own separate backyard, direct access to a two-car garage, and key updates already completed.Live in one and rent the other, or create the ultimate private compound. Double-home properties on large lots in Pasadena are incredibly hard to find!

Beds:
n/a
Baths:
Sq.Ft.:
4,608
Status:
Active
MLS#:
P1-27267
Type:
Fourplex
Subdivision:
Not Applicable
Lot size:
0.48 Acres
Year built:
1923
Listed by Berkshire Hathaway Home Servic Giusy Mele-Brown
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ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
2,400
Status:
Active
MLS#:
WS26105069
Type:
Duplex
Lot size:
0.21 Acres
Year built:
1922
Listed by ILLUMINANT PROPERTIES HERBERT HWANG
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ADDITIONAL INFORMATION

Welcome to 67 & 69 North Oak Avenue in the vibrant heart of Pasadena — a rare investment opportunity featuring two homes on one lot. Each unit is separately metered for gas and electricity, offering added convenience and flexibility for ownership or tenant management. Long-term tenants provide stable, consistent income. Situated on a spacious 9,000+ sq. ft. lot zoned RM-16, this property offers exceptional development potential, with the possibility to build up to three condos, apartments, or ADUs (buyer to verify with city). Ideally located just minutes from premier shopping, Pasadena City College, California Institute of Technology, the Metro line, and the acclaimed dining and entertainment of Old Pasadena. Also nearby is the iconic Rose Bowl Stadium, offering year-round events, sports, and recreational amenities.

Beds:
n/a
Baths:
Sq.Ft.:
973
Status:
Active
MLS#:
CV26104952
Type:
Duplex
Lot size:
0.07 Acres
Year built:
1930
Listed by FIRST OPTION REALTY & FINANCE Murtaza Ladha
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ADDITIONAL INFORMATION

Charming side-by-side duplex located in the heart of desirable Pasadena featuring two spacious 1-bedroom, 1-bath units. This well maintained property offers excellent curb appeal with recently installed new roofs, fresh interior and exterior paint, upgraded bathrooms, stylish laminate flooring, and stainless steel appliances in both units, Ideal for owner-occupants or investors seeking strong rental potential in a prime location. Both units are currently occupied. Conveniently situated near popular shopping, dining, and entertainment destinations throughout Pasadena with easy freeway access for commuting. Close proximity to local restaurants, cafes, parks and everyday amenities makes this an exceptional opportunities in one of the most sought-after communities.

Beds:
n/a
Baths:
8.00
Sq.Ft.:
4,510
Status:
Active
MLS#:
26835815
Type:
Cluster
Lot size:
0.37 Acres
Year built:
1954
Listed by Tony Azzi Tony Azzi
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ADDITIONAL INFORMATION

Beds:
n/a
Baths:
Sq.Ft.:
7,222
Status:
Active
MLS#:
AR26100175
Type:
Apartment
Lot size:
0.29 Acres
Year built:
1963
Listed by Growth Investment Group Pasade Handoko Chen
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ADDITIONAL INFORMATION

Beautifully Maintained 9-units Value-add Mid-Century-Modern apartment several blocks north of Old Town Pasadena. Excellent Unit Mix, Large 12,685 SF Lot, can do ±9 ADUs, Excellent going-in CAP Rate with High Proforma CAP Rate, Many CapEX recently completed! A very well-maintained 9-unit value-add 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 high-priced bungalows/single family houses. The investment offers a high 5.7% CAP Rate making this a very attractive investment on day 1. The property is a garden style walk-up 2 story apartment with excellent curb appeal. It has undergone various capital improvements which includes new exterior paints, new reasphalt driveway, and others. 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 averages about 802SF/unit (buyer to verify). Each unit is unique with distinct Mid-Century-Modern architectural layout with open floor settings, floor to ceiling windows, and many more attractive design features. 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 complete with tiled bathroom wall and glass shower door. There is a large and spacious common area deck above the middle carport for tenants common area. Recent study shows that a sophisticated buyer may be able to add NINE (9) ADUs in the back area (buyer to verify!). 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.

Beds:
n/a
Baths:
Sq.Ft.:
1,654
Status:
Active
MLS#:
P1-27467
Type:
Single Family
Subdivision:
Not Applicable
Lot size:
0.14 Acres
Year built:
1912
Listed by Equity Smart Real Estate Services Ana Malagon
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ADDITIONAL INFORMATION

AMAZING OPPORTUNITY TO own a single family with an ADU. The main residence features 3 spacious bedrooms and 2 bathrooms. The fully permitted ADU, built in 2020 contains 1 bedroom and 1 bathroom. The formal dining room creates an ideal setting for entertaining guests, hosting dinner parties and enjoying family meals. Ceiling fans are thoughtfully installed in the living room and all bedrooms, ensuring a comfortable atmosphere throughout the home. Designed for both style and functionality, the kitchen features granite countertops and plenty of cabinets. The main house has been freshly painted both inside and out. A conveniently located laundry room sits adjacent to the kitchen. Both bathrooms have received recent upgrades with new sinks, and tile flooring extends throughout the house. The property's front and back yards offer a variety of fruit trees, including guava, lemon, pomegranate and others. A large, gated driveway offers secure parking for at least 6 vehicles. The solar panels installed on the property can be conveniently transferred to the new owner, providing eco-friendly energy solution. The fully permitted ADU offers a versatile space that can accommodate in laws, family members, or guests. Additionally, it presents an opportunity to generate rental income, which can help offset mortgage payments and provide financial flexibility. Take advantage of this chance to make this beautiful property your new home. Schedule a viewing today since properties like this are in high demand and rarely remain available for long

Beds:
n/a
Baths:
Sq.Ft.:
4,744
Status:
Active
MLS#:
PW26096741
Type:
Apartment
Lot size:
0.27 Acres
Year built:
1963
Listed by Triqor Group Ryan Loria
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ADDITIONAL INFORMATION

We are pleased to present Holliston House & Apartments, a charming, well-maintained and substantially upgraded 5-unit community in Pasadena, CA. The property features a one-of-a-kind unit mix consisting of a beautiful 2000 sq. ft. 3-bedroom 2.5-bath + Den craftsman style home and four 2-bedroom 1-bath units with covered parking and individual gas and electric meters. All units have been extensively remodeled with high-end designer finishes such as quartz countertops, stainless steel appliances, custom cabinetry, recessed LED lighting, fully remodeled kitchens and bathrooms. The home features central heating, a wall A/C unit in every room, washer/dryer hookups, hardwood flooring, a basement, and a den. The 2-bedroom units are spacious with an open floor plan and feature high quality wood-look tile flooring, custom walk-in showers with designer tiles, new wall heating and A/C units. Nearly everything is brand new, including: roofs, plumbing, electrical, dual-pane windows, and driveway. With strong rents in place, this asset generates a current cap rate of 5.0%, 6.4% with market rents. This property is ideal for investors seeking a well-located, turnkey asset with upside potential and NO differed maintenance.

Beds:
n/a
Baths:
Sq.Ft.:
3,439
Status:
Active
MLS#:
WS26084213
Type:
Fourplex
Lot size:
0.26 Acres
Year built:
1910
Listed by PACIFIC STERLING REALTY/Irvine LIANG WANG
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ADDITIONAL INFORMATION

Discover an exceptional investment opportunity in the heart of Pasadena with this rare 4-unit income property, offering a highly desirable unit mix and strong upside potential. With three units delivered vacant and only the smallest rear unit occupied, this property is ideal for both investors and owner-occupants seeking immediate flexibility and long-term income growth. The property also offers additional land at the rear with strong potential for future ADU development (buyer to verify with the city), presenting a valuable opportunity to further increase income and maximize long-term returns. Each unit features its own laundry hookups. The property also provides approximately 10 off-street parking spaces, a significant advantage in this prime Pasadena location. Ideally situated near Villa Parke Community Center and Park, the property offers easy access to recreational amenities, while also being conveniently close to local dining, shopping, and major freeways—making it highly attractive to tenants and homeowners alike. Property Breakdown: 285 Parke (Main House – Delivered Vacant) Spacious 3-bedroom, 2-bath residence—perfect for an owner-user or premium rental. Recently upgraded with a brand-new roof and flooring, featuring a private front yard, 4 dedicated parking spaces, and a clean basement ideal for storage. Equipped with new refrigerator, washer & dryer, microwave, stove, and dishwasher. 283 Parke (Delivered Vacant,with New Flooring and Windows) 3-bedroom, 1-bath unit offering generous living space, ideal for families or shared living. 281 Parke (Tenant Occupied) Cozy 1-bedroom, 1-bath unit located at the rear for added privacy. 279 Parke (Delivered Vacant) Larger 1-bedroom, 2-bath unit with a flexible layout. Delivered vacant and Equiped with new refrigerator, washer & dryer, microwave, stove, dishwasher. This property is being sold “as-is”, reflecting a compelling entry point for savvy investors. With only the smallest unit currently rented and all larger, higher-income potential units delivered vacant, the property offers a rare opportunity to reset rents to market levels immediately and maximize returns. Don’t miss this opportunity—schedule your private showing today.

Beds:
8
Baths:
5.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
226002021
Type:
Cluster
Lot size:
0.15 Acres
Year built:
1930
Listed by Keller Williams Westlake Village David Samuels
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ADDITIONAL INFORMATION

In a market where yield matters, 637 N Raymond Ave delivers a clean, well-positioned triplex with strong in-place income and a cap rate projected above 4%. This corner-unit property is thoughtfully configured so each residence lives more like a standalone home than a multifamily unit.Distinct architectural identities create natural appeal and long-term retention:637 N Raymond Ave (3BR/2BA) - Currently leased at $3,450/month. A classic Arts & Crafts residence with updated kitchen finishes, recessed lighting, and basement storage. Direct access to the shared courtyard enhances livability.635 N Raymond Ave (2BR/1BA) - Currently leased at $2,600/month. Recently refreshed with a bright, open layout, galley kitchen, and subtle Santa Barbara influences--arched details and light, airy interiors.639 N Raymond Ave (3BR/2BA) - Currently leased at $3,600/month. An upper-level unit with a private balcony, wrought-iron stair details, and elevated neighborhood views. Thoughtfully updated and highly rentable in its current condition, with beautifully refinished hardwood flooring that enhances its charm and appeal.Shared Features: Tenants enjoy a central courtyard designed for everyday use, a detached laundry structure equipped with newer washers and dryers, and ample on-site parking via dual driveways--an increasingly valuable amenity in this part of the city. Separate gas and electrical meters also help streamline operations.Beyond its strong income profile, the property has benefited from substantial capital improvements over the past eight years. Ownership has invested heavily in the long-term condition and desirability of the asset, including the installation of central air conditioning in all three units, comprehensive kitchen and bathroom renovations throughout, interior and exterior repainting, upgraded recessed lighting, driveway improvements, roof flashing updates, and extensive landscaping enhancements. Recent exterior upgrades include a mature privet hedge along the Peoria frontage and an attractive planter feature at the Raymond Avenue corner, creating strong curb appeal from multiple vantage points. In 2026, the property's ductwork was professionally cleaned throughout, further supporting tenant comfort and system efficiency.This is a low-friction asset: stable tenants, desirable unit layouts, and a presentation that consistently attracts quality renters. The 'feels like a single home' layout across all three units reduces turnover risk and supports premium rents over time. With Pasadena's steady rental demand and limited multifamily inventory, this property sits in a strong position for both immediate returns and long-term hold strategy.Opportunities like this don't circulate often--especially with this level of character, configuration, recent investment, and income already in place. Don't miss your chance.

Beds:
10
Baths:
18.00
Sq.Ft.:
10,672
Status:
Active
MLS#:
26828421
Type:
Cluster
Lot size:
0.51 Acres
Year built:
1950
Listed by Marcus & Millichap Jeffrey Louks
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ADDITIONAL INFORMATION

We are pleased to present 130-136 S. Michigan Avenue, situated in the highly desirable South Lake Pasadena submarket, one of the city's most vibrant and walkable neighborhoods. Just minutes from Old Town Pasadena and the Playhouse Village, the property benefits from a prime infill location surrounded by retail, dining, and everyday amenities along South Lake Avenue. The area offers a strong live-work-play environment, with convenient access to national retailers, local boutiques, and a wide range of restaurants. Its walkability and neighborhood appeal make it especially attractive to long-term renters. The property is also situated near major demand drivers, including the California Institute of Technology (Caltech) and Pasadena City College, supporting consistent rental demand from students, faculty, and local professionals.

Beds:
n/a
Baths:
Sq.Ft.:
8,406
Status:
Active
MLS#:
WS26091595
Type:
Apartment
Lot size:
0.35 Acres
Year built:
1961
Listed by Keller Williams Realty/Pasadena KEVIN LUTZ
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ADDITIONAL INFORMATION

The Washington Courtyard Apartments present a well-maintained, 9-unit garden-style property comprised of a two-story building constructed in 1961, featuring a pitched composition shingle roof and slab foundation. The property offers both gated entry and parking, with a total of nine spaces including eight detached carports and one tuck-under space. Situated on a 15,442 SF lot, the property encompasses approximately 8,406 SF with a unit mix of five 2-bedroom/1-bath units, three townhouse-style 2-bedroom/1.5-bath units, and one 3-bedroom/1-bath unit (originally a 2-bedroom unit converted without permits). The property has benefited from extensive capital improvements, including copper re-piping of all units in 2020 and comprehensive sewer line upgrades with Perma-Liner technology. Interior upgrades across units include vinyl flooring, stone kitchen countertops, updated appliances, recessed lighting, modern fixtures, ceiling fans, and select mirrored closet doors, with units 3, 6, and 8 featuring fully renovated kitchens with new cabinetry. Additional improvements include the replacement of 56% of windows and 60% of sliding doors with vinyl in 2021, upgraded electrical sub-panels and main panels, and recently installed tankless water heaters (2026). Residents benefit from individually metered gas and electricity, central heating in all units, and a mix of wall A/C units and mini-splits, with one unit featuring full central HVAC. The property also includes an on-site laundry facility with owned machines. Exterior upgrades include a replaced second-floor walkway decking and railing baseplates (2018), as well as a newly replaced carport roof (2025). The main building roof, approximately 20 years old, has been consistently maintained. The property is subject to Pasadena’s Measure H rent control ordinance and has completed its SB 721 inspection, with only minor maintenance recommended, which will be completed by the seller—making this a turnkey investment opportunity with strong in-place improvements and long-term upside potential.

Beds:
n/a
Baths:
Sq.Ft.:
3,168
Status:
Active
MLS#:
CV26092651
Type:
Duplex
Lot size:
0.19 Acres
Year built:
1925
Listed by PINNACLE REAL ESTATE GROUP Johnny Wong
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ADDITIONAL INFORMATION

This Duplex offers a total of 10 bedrooms and 4 bathrooms, each unit has 5 bedrooms 2 baths, 1 bedroom and 1 bathroom on the lower level, along with 3 bedrooms and 1 bathroom on the upper level. Formerly used as a rehabilitation center and, more recently, for religious services, the property presents excellent potential for a variety of uses, such as student housing, a wellness center, board and care facility, assisted living, religious services, a meditation center, or other private services. The property was recently renovated with new windows, electrical and plumbing. It features a private front yard that can be utilized for parking or as a sitting area, complemented by a beautifully landscaped entrance. Conveniently situated in the heart of Pasadena, it offers immediate access to the 210 Freeway and is just minutes from Caltech, JPL, Pasadena City College, and the Rose Bowl.

Beds:
n/a
Baths:
Sq.Ft.:
1,436
Status:
Active
MLS#:
WS26090600
Type:
Duplex
Lot size:
0.13 Acres
Year built:
1941
Listed by REALIV KEVIN KWAN
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ADDITIONAL INFORMATION

Ideally situated just three lots north of the Rose Parade route on Colorado Boulevard, 44 N Berkeley Avenue offers a strategic opportunity for both owner-users and investors seeking a foothold in the heart of Pasadena. This front-to-back duplex consists of two distinct residences on one lot, providing a unique sense of privacy and separation. The front home is a 2-bedroom, 1-bathroom residence featuring classic curb appeal and a dedicated one-car garage. To the rear, a separate 1-bedroom, 1-bathroom unit offers additional flexibility with an attached bonus storage room—an ideal space for a home office, creative studio, or fitness area. Both units maintain their original character and vintage charm, serving as a clean slate for a new owner to modernize and build immediate equity. While the front unit anchors the property’s aesthetic on the tree-lined street, the rear unit features a private backyard area, currently utilized as a vibrant vegetable garden, along with a dedicated carport. The property is designed for ease of management with separate gas and electric meters and a shared driveway split to accommodate parking for both dwellings. Beyond the immediate quiet of the neighborhood, the location offers unparalleled access to the best of Pasadena. The property is less than two miles from the premier shopping and dining destination of South Lake Avenue and only three miles from the historic energy of Old Town Pasadena. With Caltech and Pasadena City College just a half-mile away, this is a prime asset in a high-demand rental market. The front unit is currently leased at $2,700, and the rear unit is leased at $1,400 with the potential to reach market rates of approximately $2,000. Rear unit can be delivered vacant.

Beds:
n/a
Baths:
Sq.Ft.:
2,320
Status:
Active
MLS#:
AR26087452
Type:
Triplex
Lot size:
0.19 Acres
Year built:
1960
Listed by Berkshire Hathaway Golden Prop Hovig Dimejian
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ADDITIONAL INFORMATION

Excellent opportunity to purchase a triplex near transportation, Pasadena City Collage and Cal Tech., Live in the front house and rent the back units, newer roof back units and carpet , well maintained property. The front house features 3 bedrooms 2 baths plus an attached large storage area/laundry room accessible from the house, back units are One bedroom each with full baths each unit has it's own small private yard, all separately metered for gas and electricity, tenants pay for all utilities.

Beds:
n/a
Baths:
Sq.Ft.:
2,150
Status:
Active
MLS#:
AR26086278
Type:
Triplex
Lot size:
0.3 Acres
Year built:
1923
Listed by Growth Investment Group Pasade Handoko Chen
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ADDITIONAL INFORMATION

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 - Can add 3 ADUs. 542 N Madison Ave, a Three House 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. 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.

Beds:
n/a
Baths:
Sq.Ft.:
1,881
Status:
Active
MLS#:
SR26080201
Type:
Duplex
Lot size:
0.17 Acres
Year built:
1923
Listed by Keller Williams Realty-Studio City James Antonucci
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ADDITIONAL INFORMATION

Located in the highly desirable city of Pasadena, 1428 N Hill Ave presents a fantastic duplex investment opportunity in one of the San Gabriel Valley’s most sought-after rental markets. Known for its strong tenant demand, excellent amenities, and proximity to major employment and education centers, Pasadena continues to attract a wide range of renters, making this property ideal for both investors and owner-users. The property features a well-balanced unit mix of one 2-Bedroom/1-Bath unit and one 3-Bedroom/1-Bath unit, offering spacious layouts that appeal to families, professionals, and roommates alike. Each unit is individually metered for gas and electric, helping to reduce owner expenses while providing tenants with control over their utilities. The building also includes on-site parking and on-site laundry, key amenities that enhance convenience and long-term tenant retention. Situated in a high-demand rental location, the property benefits from close proximity to a variety of shopping, dining, and entertainment options. Residents can enjoy easy access to destinations such as the Pasadena Convention Center and The Paseo, along with numerous neighborhood retail corridors and everyday conveniences. The location is further strengthened by its proximity to major educational institutions, including Pasadena City College and the prestigious California Institute of Technology, both of which contribute to a consistent pool of renters. Outdoor and recreational amenities are also nearby, including the iconic Rose Bowl Stadium. Commuters will appreciate the property’s quick access to the Interstate 210, State Route 134, and State Route 710, as well as its close proximity to a nearby light rail station, providing convenient connectivity throughout Los Angeles County. With its prime Pasadena location, functional unit mix, desirable amenities, and proximity to major education, transit, and lifestyle destinations, 1428 N Hill Ave represents a strong opportunity for investors seeking stable income and long-term growth in a highly desirable rental market. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Beds:
n/a
Baths:
Sq.Ft.:
2,214
Status:
Active
MLS#:
IV26078036
Type:
Duplex
Lot size:
0.33 Acres
Year built:
1987
Listed by EXP REALTY OF CALIFORNIA INC CRYSTAL HOGGARD
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ADDITIONAL INFORMATION

Rare opportunity to acquire multiple units in Pasadena at a price point that compares favorably to nearby single-family home values. This Pasadena duplex offers a rare opportunity to own a 14,403 square foot gated lot. Each residence features 3 bedrooms, 2 bathrooms, and approximately 1,107 square feet of living space, for a combined total of approximately 2,214 square feet. Each property includes a two-car attached garage, ample additional parking, and private backyard space. Both homes are updated and are move-in ready with fresh interior paint, updated kitchens, new flooring, and the back unit has renovated bathrooms, creating a clean and refreshed living environment. The property is equipped with two separate electric meters and one shared water meter. Conveniently located with easy access to the 210 Freeway, the property is near many of Pasadena’s most notable destinations including the Rose Bowl, Brookside Golf Club, Kidspace Children’s Museum, Norton Simon Museum, Pasadena Museum of History, The Gamble House, and the Colorado Street Bridge. Nearby outdoor recreation includes the Gabrielino Trail Western Trailhead and Altadena Drive Trailhead. A unique opportunity to own an updated duplex on a large lot in a desirable Pasadena location.

Beds:
n/a
Baths:
Sq.Ft.:
4,350
Status:
Active
MLS#:
AR26075032
Type:
Apartment
Lot size:
0.26 Acres
Year built:
1978
Listed by In Realty Inc. Kuangkai Kuo
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ADDITIONAL INFORMATION

Location, Location, Location! Rare opportunity to own a 4-unit compound of fully detached homes in one of Pasadena’s most desirable residential pockets, just south of Colorado Blvd. Situated on an expansive 11,256 SF lot, the property offers approximately 4,350 SF of living space with an ideal layout for both end-users and investors. The front residence features 3 bedrooms and 2 bathrooms, while the rear homes each offer 2 bedrooms and 1 bathroom, all with functional layouts, high ceilings, and abundant natural light. Separate electric and gas meters, shared laundry, and covered parking provide convenience and operational efficiency. Surrounded by well-maintained homes and set along a wide, tree-lined street, the property offers a quiet, comfortable environment with strong neighborhood appeal - a rare blend of lifestyle and investment fundamentals. Zoned RM-32, this property presents exceptional redevelopment potential for higher-density new construction (buyer to verify). The large lot further enhances its appeal with ADU and value-add opportunities, making it equally attractive to developers seeking long-term upside. A unique offering that seamlessly combines current income, future development potential, and a premier Pasadena location — opportunities like this are rarely available.

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.



Pasadena Real Estate

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.

Pasadena Weather

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.

Pasadena Map

Pasadena Real Estate Market Conditions

  • Median sales price

    $1,252,777
    18.2%
    change since last quarter
  • # Active listings

    429
    30-day change

Pasadena Schools and Demographics

Education near Pasadena, CA

City County
High School Graduates 88.97 80.04
College Degree - 2 year 6.59 7.04
College Degree - 4 year 53.39 34.04
Graduate Degree 16.37 8
Expenditures per Student 17,429 17,429
Students per Teacher 21.9 21.9

Elementary Schools near Pasadena, CA

Grades Students P/T Ratio ZIP
Cleveland Elementary School KG - 05 210 20.6 91103
Daniel Webster School KG - 05 474 25.6 91104
Don Benito Fundamental School KG - 05 633 25.3 91107
Field (Eugene) Elementary School KG - 05 473 25.7 91107
Hamilton Elementary School KG - 05 601 25.6 91107
Jefferson Elementary School KG - 05 401 25.9 91106
Longfellow (Henry W.) Elementary KG - 05 512 25.6 91104
Madison Elementary School KG - 05 459 24.7 91104
McKinley School KG - 08 1,024 25 91101
Roosevelt School KG - 05 306 19.4 91103
San Rafael Elementary School KG - 05 435 23.7 91105
Washington Accelerated Elementary School KG - 05 621 24.2 91103
Willard Elementary School KG - 05 649 23.5 91107

Middle Schools near Pasadena, CA

Grades Students P/T Ratio ZIP
Celerity EXA Charter KG - 05 283 20.1 91103
Washington Middle School 06 - 08 513 18 91103
Woodrow Wilson Middle School 06 - 08 570 20.9 91107

High Schools near Pasadena, CA

Grades Students P/T Ratio ZIP
Blair High School 06 - 12 1,026 18.8 91106
John Muir High School 09 - 12 919 16.6 91103
Learning Works School 07 - 12 316 27.5 91107
Opportunities for Learning - Baldwin Park II School 07 - 12 2,598 10 91107
Opportunities for Learning - Santa Clarita School 07 - 12 1,682 9.4 91107
Pasadena High School 09 - 12 1,903 22.5 91107

Ungraded Schools near Pasadena, CA

Grades Students P/T Ratio ZIP
* Rose City High (Continuation) School 09 - 12 233 15.3 91109
CIS Academy KG - 12 199 24 91107
Marshall Fundamental School 06 - 12 1,960 24.6 91104
Method Schools High UG - UG 0 91101
Method Schools K-8 UG - UG 0 91101
Opportunities for Learning - Baldwin Park School KG - 12 1,379 5.2 91107

Demographics near Pasadena, CA

City County
Neighborhood Type
Population 138,771 10,019,635
Population Density 6,044 2,469
Median Age 39.1 37
People per Household 2.5 2.9
Median Household Income 89,661 76,367
Average Income per Capita 52,699 37,924

Real estate near Pasadena