Situated in the highly desirable Madison Heights neighborhood of Pasadena, this unique multi-unit property offers exceptional investment potential. Set on a spacious 12,342 sq.ft. lot and zoned RM-32, the property presents a rare opportunity for future development. According to the City of Pasadena (buyer to verify), the lot size may allow for the construction of approximately 9 units. The property currently features 3 separate tenant-occupied units: 894 S. Marengo: 3 Bedrooms, 2 Baths, ( front house) 892 S. Marengo: 2 Bedrooms, 1 bath ( middle house and 896 S. Marengo 2 BR, 1 BA ( back house) Additional amenities include three single car garages on site. Whether you're looking to expand your investment portfolio, generate immediate rental income, or explore development possibilities, this property offers versatility and long-term upside in one of Pasadena's most sought-after locations.
One unit will be delivered vacant. Exceptional opportunity to own a beautifully renovated triplex in a convenient Pasadena location. Extensively updated with permitted additions and improvements completed in 2011, this well-maintained income property features upgraded electrical and plumbing systems, new kitchens with granite countertops and custom cabinetry, remodeled bathrooms, new flooring, dual-pane windows, new roofing, and numerous additional improvements. The front unit offers approximately 1,053 square feet of living space with 3 bedrooms and 1 bathroom (LA county profile shows 2 bedrooms, a spacious living room, and a generously sized kitchen. The beautifully landscaped front yard features lush lawn, mature shrubs, and colorful flowers, while a private yard and detached two-car garage provide added convenience and privacy. The two rear units are identical in layout, each offering approximately 526.5 square feet with 1 bedroom and 1 bathroom, a private yard, a detached one-car garage, and an in-unit laundry area for everyday convenience. The property also features a newer driveway with ample additional parking, making it ideal for both owner-occupants and investors. Conveniently located near Downtown Pasadena, shopping, restaurants, and public transportation, this turnkey triplex presents an outstanding opportunity for rental income or multi-generational living.
Twelve consistent 3-bedroom townhouse-style homes, built to last. 614-620 N Mar Vista Ave Pasadena. A 12-unit multifamily community arranged across two side-by-side, two-story buildings in a quiet Pasadena residential neighborhood. Built in 1983, the property delivers 13,632 rentable square feet on a 24,659 square foot lot - generous scale for the unit count, with a landscaped central corridor and mature palm and hedge plantings along the perimeter. Every one of the 12 units shares the same 3-bedroom, 1.5-bath floor plan - a layout in short supply across the San Gabriel Valley and consistently in demand. That uniformity simplifies renovation planning, rent comps, and day-to-day management for an incoming owner. Each unit is served by its own individual HVAC system, reducing common-area utility exposure. Covered parking runs along the ground floor of both buildings, and the pedestrian courtyard connecting them is fully landscaped - giving the property genuine curb appeal from the street and from the air. One unit (620-6) is currently vacant, offering an incoming owner immediate lease-up upside at market rent.
The Villas is a charming 12-unit apartment building located at 231 and 239 East Villa Street, Pasadena, CA 91101. The property was built in 1913 and is located on the northeast corner of East Villa Street and North Marengo Avenue. The lot is approximately 19,334 square feet. The Villas is located a few blocks away from restaurants, shops, and entertainment on Colorado Boulevard, and a few blocks away from Old Town Pasadena. The unit mix consists of 12 one-bedroom/one-bathroom units. There is a large shared yard. There is a laundry room, assigned parking spaces, 6 garages, and storage spaces. Some of the units have balconies, and some of the units have porches. The property is designated historic-eligible by the City of Pasadena. (Buyer to verify)
Unlock the potential of this rare Pasadena duplex opportunity! Offered as-is and where-is in its current stage of renovation, this property presents an excellent investment for buyers looking to complete a permitted remodel and add value. The current owner has already completed a substantial portion of the major improvements, including: Mechanical rough-ins for the kitchens and bathrooms / Window retrofit / Replacement of original doors / Re-roofing / New insulation / Exterior and interior wall repairs / Siding improvements / Interior drywall installation. All work has been completed under active, valid permits, which remain in effect. While the renovation is not yet complete, the heavy lifting has already been done, allowing the next owner to finish the project according to their own vision and preferences. Once completed, this duplex offers excellent income-producing potential. The property features a spacious yard, ample on-site parking, and an unfinished detached garage that may provide the opportunity for a future ADU conversion (buyer to verify with the City of Pasadena), creating additional rental income potential. Whether you're an investor, developer, or owner-user seeking a value-add opportunity, this property offers a solid foundation in one of Pasadena's desirable neighborhoods with significant upside potential.
A rare investment opportunity in south-central Pasadena. This charming two-story fourplex offers strong rental income in a prime location near Pasadena City College, Caltech, and the Metro L Line. Live in one unit and rent the other three, or keep all four as an income-producing investment. All four units are currently leased and generating income. Each spacious unit features hardwood floors, in-unit washer/dryer hookups, and a private enclosed garage. Units also include a bonus room that may be used as a second bedroom, dining room, office, kids' room, etc. Each tenant pays for their own electric and gas while the landlord pays for water, trash, and sewer. Conveniently located near South Lake Avenue shopping and dining, the Huntington Library and Gardens, and Old Town Pasadena, with easy access to freeways and public transit. Buyer and buyer's agent to verify all information, including square footage, rent control status, and permits. Please do not disturb tenants.
Rare three-unit investment opportunity in Pasadena. Situated on a 7,806 sq ft lot with 3,216 sq ft of combined living space, this well-maintained property built in 1984 features a detached front house plus a two-story duplex to the rear, with a freshly painted exterior throughout. The front unit offers 3 bedrooms and 1.5 bath; the middle unit offers 3 bedrooms and 1.5 bath; and the rear unit offers 2 bedrooms and 1.5 baths. All three units are two stories and include a private patio and carport parking. Ideally situated within walking distance of the Metro L (Gold) Line Allen Station and Pasadena City College, with convenient access to the 210 Freeway. An excellent opportunity for investors or owner-occupants seeking income potential in a well-connected Pasadena location. **PLEASE DO NOT DISTURB TENANTS**
A RARE PASADENA CORNER-LOT DUPLEX WITH THE PRIVACY AND FUNCTIONALITY OF TWO SEPARATE HOMES! Ideally positioned at the corner of Mentone Avenue and West Hammond Street, this unique property offers two residences with individual street presence, separate driveways and dedicated garage access—an exceptional arrangement for an owner-occupant, extended household or investor. The Mentone Avenue residence features 2 bedrooms, 1 bathroom and a private one-car garage. Facing West Hammond Street, the second residence offers 3 bedrooms, 2 bathrooms and an impressive three-car garage. Because each home faces a different street, the property provides a level of separation, privacy and independence rarely found in a traditional duplex. Live in one residence while generating income from the other, create a multigenerational living arrangement, or add a distinctive Pasadena income property to your portfolio. The expansive garage capacity also provides valuable parking, storage and workspace possibilities. Conveniently located in Northwest Pasadena with access to Old Pasadena, the Rose Bowl, local shopping, dining, transportation and major commuter routes. Two homes, two driveways, four garage spaces and one outstanding opportunity—this is Pasadena duplex living with exceptional versatility.
Fantastic 4-Unit Investment Opportunity in Pasadena! This income-producing fourplex features 4 spacious 1-bedroom, 1-bath units and offers immediate rental income with long-term investment potential. Major improvements have already been completed, including a brand-new roof on both the main building and detached garage, new garage doors, fully replaced plumbing, fresh interior and exterior paint, updated flooring, newer windows, and renovated kitchens and bathrooms in select units. All 4 units feature separate electric and gas meters, while the owner currently pays water. The property also offers 3 single-car garages and 1 additional parking space. Conveniently located with easy access to the 210 Freeway, shopping, dining, parks, and public transportation, this property is well positioned for investors and owner-users alike. Current rents total $6,398 per month, providing immediate cash flow. Future rental potential may exist, subject to local rent control regulations, existing tenancy, and applicable law. Buyer to independently verify all information, including rents, expenses, square footage, permits, and property condition.
This Uncommon Property, tucked between two tree-lined streets in one of Pasadena's most storied neighborhoods, a 1923 duplex, offers a rare blend of vintage character, flexibility, and upside. Each unit offers 2 bedrooms and 1 bathroom, in-unit laundry, and central air — one unit up, and one down, giving each residence its own sense of privacy and separation. A driveway and a two-car carport provides convenient off-street parking for both units. What truly makes this property uncommon are its bonus spaces: a professional music studio and a dedicated movement studio. Buyer, be sure to verify permitted uses and any rental potential with the City of Pasadena; — whether rented out to musicians, instructors, or creatives, or used to generate revenue alongside the residential units themselves. Combined with the two rental units, this property offers flexible live/work possibilities; buyer to verify permitted uses. This property presents multiple income opportunities under one roof, making it a compelling option for gifted owner-users looking to offset their mortgage. Outside, thoughtfully placed trees and shrubs frame the grounds, creating inviting areas for both entertaining and quiet relaxation. A newer roof, replaced within the last 5 years, per seller, adds peace of mind for years to come, helping to preserve the integrity of this 1923 gem. Great nearby access to a library, the Rose Bowl, Old Town, Huntington Hospital and the park across the street. Whether you're drawn to its historic charm, its income potential, or its rare live/work flexibility, this Pasadena duplex is a special find in the Fair Oaks/Orange Grove neighborhood, where properties like this rarely come available.
Well-maintained and beautifully landscaped classic Craftsman Bungalow triplex located in desirable East Pasadena. The property features charming curb appeal with a welcoming front porch spanning the main entryway. Situated within walking distance to Pasadena City College, California Institute of Technology, and The Huntington Library. The property sits on a large rectangular lot and offers an excellent unit mix consisting of two (2B+1B) and one (1B+1B) units. One unit is currently vacant, providing an immediate opportunity for an owner-occupant or the potential to lease at market rent. Additional features include separately metered gas and electricity, on-site coin laundry for additional income, and storage sheds in the rear.
TROPHY Class-A Location - 20-unit Steps from South Lake Ave, Erewhon, Caltech, and Old Town Pasadena Attractive Returns with Major CapEx Completed Bungalow Style Units + Expansive R3-Zoned Lot. HACIENDA GARDEN, a 20-unit apartment (2 x 10-unit) investment opportunity located in the highly desirable Playhouse District area of Pasadena, an eclectic cosmopolitan community rich in history and architecture. The property is right in the heart of Pasadena with short walking distance to multiple popular districts such as South Lake Ave Business District, Erewhon, CALTECH, and Old Town Pasadena. This offer provides investors with an opportunity to acquire a well-maintained asset in a trophy location with attractive return. It has a Walk Score of 81 out of 100. HACIENDA GARDEN is a 20-unit garden-style apartment community that consists of two properties: 529 S El Molino (10 units) and 541 S El Molino (10 units). It has a total building size of ±14,815 sqft and is situated on a large 30,367 sqft R3-zoned lot with excellent curb appeal and neatly manicured landscaping. It is exceptionally well-maintained in a Class-A neighborhood of Pasadena. 529 S El Molino is a bungalow style 10-unit with a total building size of 8,263 SF and situated on a 20,252 SF lot. It offers a gorgeous bungalow-style layout with center courtyard complete with attractive curb appeal. It has 10 units that are spread out over 5 buildings. Four of them are single story bungalows, and the fifth building is a two-story building. It has two (2) x 2-bedroom+1-bathroom, six (6) x 1-bedroom+1-bathroom, and two (2) x Studio units. Many units have been partially updated with refinished original hardwood floor, high 10ft ceiling, crown molding, upgraded bathroom, designer lighting fixtures, windows A/C, and tiled kitchen. The 4 back units are large with estimated size of ±1038 sqft per unit. The 541-S was built in 1950, has a total building size of 6,552 SF and is situated on a 10,115 SF lot. It is a two-story garden style apartment with brick pavers walkway. It offers ten (10) x 1-bedroom+1-bathroom units. The building has brand new staircases (rebuilt with permit) and several units have been updated with 2 units have full copper plumbing. The property does NOT have any tuck-under parking and does NOT require any soft story retrofit. It is individually metered for electricity and gas, and has a shared laundry room.
Exceptional Income-Producing Duplex in Pasadena Welcome to 1417-1419 El Sereno Avenue, a rare opportunity to own a well-maintained duplex in a desirable Pasadena neighborhood. Perfect for investors, multi-generational living, or owner-occupants seeking supplemental rental income, this property features two separate residences with individual addresses, providing privacy and flexibility. The front residence offers approximately 1,200 square feet of living space with 4 bedrooms and 2 bathrooms. Amenities include central air conditioning and heating, a dedicated laundry area, basement storage, a 2-car garage, and a private front yard. Built in 2011, the rear residence features approximately 1,800 square feet with 3 bedrooms and 2.5 bathrooms. Designed for modern comfort, this home includes central air conditioning and heating, a fire sprinkler system, separate laundry room, attached 2-car garage, private backyard with low-maintenance artificial turf, and a gated side patio. Complete building plans are available. Both residences are separately metered for gas, water, and electricity and offer ample parking and private outdoor spaces. This unique property combines strong income potential with pride of ownership in a highly sought-after Pasadena location. Conveniently located near shopping, dining, parks, schools, and major transportation corridors. A rare investment opportunity with long-term upside and excellent rental appeal. Please do not disturb occupants. Shown by appointment only.
Welcome to this beautifully upgraded multi-unit property in the highly sought-after Bristol Cypress neighborhood of Pasadena. Situated on a large lot, this rare offering includes three separate addresses — 523, 525, and 527 Lincoln Ave — and delivers both immediate value and long-term upside. Over the past three years, the property has undergone extensive improvements. All three units feature upgraded electrical panels, with costly underground wiring completed for long-term reliability. Each unit has been refreshed with new flooring, cabinets, interior paint, and appliances, creating a modern, turnkey living experience. Exterior upgrades include repaired wood siding, fresh exterior paint, new front fencing with a rolling gate, and low-maintenance artificial turf. The carport has been improved with newly poured concrete and a roof featuring partially new shingles, adding both functionality and durability. The front home (527 Lincoln Ave) offers 2 bedrooms and 1 bathroom, while the rear duplex (523 & 525 Lincoln Ave) consists of two 1-bedroom, 1-bath units, each with a comfortable living area. All three units have separate gas and electrical meters, with water currently serviced by a single meter to the front unit. The property will be delivered without existing occupants, presenting an ideal opportunity for owner-occupants, investors, or developers. Live in one and rent the others, or maximize income across all three units. The expansive lot also provides future development potential, with the possibility of adding additional multi-unit structures at the rear (buyer to verify with the City of Pasadena). Just minutes from the Rose Bowl and close to Pasadena’s popular dining, shopping, and vibrant downtown scene, this property combines location, condition, and upside — a rare find in one of Pasadena’s most desirable neighborhoods.
481 Lincoln Ave., Pasadena is a turnkey and upgraded 7 units apartment complex (Unit mix: 4x 1 Bed+1 Bath, 1x 2 Bed+1 Bath, 2x 2 Bed+2 Baths). Class-A Location, and 100% OCCUPIED. ASSUMABLE EXISTING LOAN AT 3.83% UNTIL FEBRUARY, 2029 !!!! 2 story building was built in 1903 and single story building was built in 1952. 2 STORY BUILDING EXTERIOR FAÇADE WERE FULLY RENOVATED AND UPGRADED IN 2021. 5 out of 7 units were also upgraded with New Paint, Kitchen, Bathroom, Flooring. Updated Roof, New Electrical Main Panels and Subpanels. New Plumbing. New Windows. New Driveway Entrance. Each unit is individually metered for electricity and gas. Parking is provided by 5 open spaces between 2 buildings. The property is situated on a large corner lot of approximately 12,011 SF lot size. Great value-add opportunity for a short or long-term investment. The property is in a highly desirable centrally located neighborhood and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.
This duplex has been remodeled and is move-in condition. Buyers are advised to independently investigate all aspects of the property, including verifying the accuracy of all information (including sq. ft. and size, bedrooms, and baths) through personal inspection and with appropriate professionals, to their satisfaction. The property just passed city pre-sale inspections and redy to open escrow. Both units will be sold in its current "as-is, where-is" condition. The listing Brokers and sellers do not guarantee the accuracy of the information provided regarding permits, ordinances, conditions, zoning, or features or use of the property, as to the public record. Buyer and buyer's agent to verify any/all information to their satisfaction before making an offer. The interiors of these two units are turnkey. Both units to be delivered vacant at close of escrow. Convenient location close to supermarkets, shops, restaurants, and near Caltech and Pasadena College.
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 Currently rent are low because mostly long term tenants and well qualified tenants A Rare Value-Add Opportunity: Originally developed as a 12-unit townhome community, each residence already has its own separate APN. A future owner may have the opportunity to establish an HOA and pursue individual unit sales, creating multiple exit strategies beyond traditional long-term rental ownership.
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.
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.
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.
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.
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.
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.
Big Price Adjustment! Motivated Seller! A True Gem for Developers and Investors! 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.
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
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.
