5 Units on a nice size lot in Pasadena with LOTS of potential! This is an old beautiful Craftsman Style Building that can be turned into a gem in Pasadena. Perfectly located near the 210, in a beautiful residential area. This is a corner lot that is just waiting for an owner with inspiration.DO NOT DISTURB TENANTS.This is an AS-IS Sale, only serious offers will be considered.
420 and 434 S Euclid Ave, two Madison Heights area multifamily investment opportunities only 2 blocks south of OLD TOWN PASADENA! The seller’s family was the original developer that built 420 S Euclid (7 houses/bungalows) back in 1921 (103 years ownership). The 434 has been under the same ownership since 1963 (61 years)! These 2 adjacent properties are in Madison Heights area which is considered as one of the most desirable locations for residential units in Pasadena; it is right across the Mayfield Junior School, a well-known and highly rated private Catholic school. The street is a mature and quiet residential area with superb access to Old Town Pasadena amenities. 420 S Euclid is a very attractive single-story bungalow style apartment that was built in 1921 (by seller’s family). It consists of seven (7) individual houses/bungalows (no shared wall between unit) on a large ±19,492sf R3zoned lot. It has a total of ±6,133 SF building size with very well-maintained center courtyard. It offers an excellent unit mix with three (3) x large 2bedroom+1bathroom bungalows, and four (4) x 1bedroom+1bathroom bungalows. Recent capital improvements were updated electrical, mostly copper plumbing, ±6-year-old roof, exterior repainting in 2012, etc. (Buyer to verify). Each unit is spacious and large with an excellent layout, large dining room that could double a den or extra room (with built-in cabinets), breakfast nook, original hardwood flooring, charm, and character. Each unit has an individual water heater and separately metered for electricity and gas. There is a shared laundry room in the parking area (laundry room’s gas is using one of the unit’s gas meter). Parking for 420 S Euclid is provided by 5 garages, 1 carport, and 1 open space. There is a large common area backyard on the side of the laundry room/behind 1 of the bungalows. EUCLID COURT - 434 S Euclid is a charming and attractive 6-unit apartment next to 420 S Euclid. It consists of a fourplex in the front and duplex in the back. It was originally a 2-unit that was built in 1913, the four additional units (2 in the front, and 2 in the back) were built in 1950s. It offers a good unit mix of two (2) x 2bed+1bath, and four (4) x 1bed+1bath units. It has a total of ±4,309sf building size and is situated on a large ±9,750sf R3 lot size.
895 N Euclid Ave is a charming four-unit property situated on a large lot of approximately ±7,002 square feet. This prime Pasadena income-producing property is a great value-add opportunity for investment. The property is being sold as-is. The property is a short distance to grocery stores, restaurants, parks, and schools. It is also within minutes of essential city locations, including Shops on Lake Avenue, The Paseo, Old Town Pasadena, Pasadena City College, California Institute of Technology, Jet Propulsion Laboratory, Art Center College of Design, and Eaton Canyon Nature Center. Pasadena is ideally located within Southern California and offers easy and convenient access to all of Los Angeles County, Ventura County, San Bernardino County, and beyond via the 210, 134, 110, 2, and 5 freeways, as well as the Allen Gold Line Metro Rail station. Significant local landmarks within a 20-mile radius include The Huntington Library, The Rose Bowl, Dodger Stadium, Crypto.com Arena, Santa Anita Park, Griffith Observatory, Los Angeles Zoo, Hollywood Walk of Fame, Hollywood Bowl, Universal Studios, and more. Located in a centrally located neighborhood, this four-unit property offers stability for any type of investor, whether a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.
Situated in the heart of Pasadena, CA, this 12-unit apartment building presents a value-add opportunity, for a patient investor, in one of the most sought-after locations in the city. Boasting a Walk Score of 93, you are near by Cal Tech, Pasadena City College and The Shops on Lake. Built in 1960, this two-story walk-up building is being marketed for the first time in over 40 years. Comprising a mix of 4 one-bedroom/one-bathroom units and 8 two-bedroom/one-and-three-quarter-bathroom units, this property caters to a diverse range of tenants. Each unit features a balcony or patio (except for unit #1, which is the largest 1-bedroom unit), gas forced air heating, and wall air conditioning units. The kitchens are equipped with gas stoves and ovens, tiled countertops and tiled or linoleum floors, while the bathrooms have tiled or linoleum floors and vanities. Living rooms and bedrooms are carpeted. Although interiors have not been upgraded, there is immense potential for renovation and value enhancement. The property is individually metered for gas and electric, with the owner paying for hot water, gardening, trash, and common area electricity. Two 75-gallon hot water heaters serve the building, ensuring ample hot water supply for residents. Parking is provided with 17 tuck-under spaces located below the building; seismic retrofit will need to be done. Additionally, there is space available for a laundry room, offering an opportunity for added convenience and income generation.
Versatile Living and Investment Opportunity: Turnkey Property with ADULocated at 2729 Mataro Street and 258 San Gabriel Blvd, this property offers a unique blend of versatility and investment potential. Whether you're a landlord seeking strong rental demand, a homeowner looking for move-in-ready accommodations, or a buyer interested in multi-generational living, this property fits the bill.Key Features:Newly Constructed ADU: Never lived in, providing fresh and modern living space.New Kitchen: Equipped with quartz counters, modern cabinets, and easy access to the dining room.Batchelder Fireplace: Adding a touch of timeless elegance and cozy ambiance.Newer Central Heat and Air: Ensuring comfort and energy efficiency throughout the year.Corner Lot Location: Conveniently situated at the intersection of Mataro Street and San Gabriel Boulevard, offering easy access to city services, restaurants, and coffee shops, just south of the 210 freeway.Main House:Traditional Style: Beautifully maintained with timeless wood floors.Living Space: 1,278 square feet with two bedrooms and two bathrooms.Spacious Second Bedroom Suite: Featuring a large office/drawing room and ample closet space.Energy Efficient Windows: Enhancing natural light and energy savings.Conveniences: Laundry room, easily accessible attic for storage, and a newly installed HVAC system.Accessory Dwelling Unit (ADU):Address: 258 San Gabriel Blvd.Living Space: 495 square feet with a large suite featuring wood-like floors, high ceilings, and a skylight.Additional Features: Two-car garage with loft space above for parking and storage.This property represents a unique opportunity for versatile living arrangements and investment income. With its prime location in a neighborhood of well-maintained homes and its array of modern updates, this single-family home and newly constructed ADU is ready to meet your needs.
A HIGH CAP Rate and almost turnkey 12-unit + 3 ADUs garden style apartment investment opportunity located in the highly desirable City of Pasadena, CA. With CAP Rate Close to 5% in a Class-A Location, Single-story duplexes layout, and Arcadia adjacent location, this offering provides an extremely rare opportunity for investors to acquire a beautifully upgraded apartment in an excellent location in Pasadena. Six out of 12 units (50%) have been completely upgraded and provides new owners with immediate market rent without having to deal with tenant relocation and units upgrade process. The property is a beautiful asset with attractive four single-story duplexes and one two-story fourplex in the back. It is located in a mature and quiet residential neighborhood with superb access to many City of Pasadena and City of Arcadia have to offer. It is near Target shopping center, Hastings Ranch neighborhood in Pasadena and located close to City of Arcadia border with Santa Anita Mall just minutes away. The property was built in 1946 and underwent massive renovation in 2023-2024. It is situated on an oversized ±20,570 SF lot size with medium density zoning RM-32 (32 units/Acre). It has excellent curb appeal with front drought tolerant landscaping, new wrought-iron gate and fencing, and many more upgrades. It offers an attractive unit mix of 8 x 1bedroom+1bathroom, 4 x Studio, and will be built 3 x New ADUs 1bedroom+1bathroom. Each unit is bright with an excellent layout. Six out of 12 units have been fully upgraded with high-end finishings such as brand-new flooring throughout, brand new kitchen with kitchen island complete with high-end cabinets and quartz countertops, brand new bathroom complete with tiled bathroom and new vanity cabinets, new mini-split HVAC system in living room and bedroom, and brand new almost everything. The upgraded unit comes with laundry machines. Four back units have large private balcony/patio. There is a large common area backyard in the back, complete with a large fruit producing Avocado tree. Parking is provided by 12 parking spaces where each of the 4 duplexes has 2 parking spaces in between the units (no shared wall between units). The remaining 4 parking spaces are in the back fourplex. Each unit has an individual water heater and separately metered for electricity and gas. The owner is in the process of obtaining final approval for 3 ADUs and the price includes the 3 ADUs built.
We are proud to exclusively present a multifamily opportunity located at 435 N Euclid Avenue in the City of Pasadena! 435 N Euclid Avenue is positioned in the highly desirable and vibrant Villa Parke neighborhood of Pasadena. The property is situated between E Villa Street and E Maple Street approximately less than one mile of the 210 Foothill Freeway. The location is also one mile away from the renowned and upscale neighborhood of the Pasadena Playhouse District, which is home to the Pasadena Playhouse Auditorium and several museums, galleries, and popular eateries. 435 N Euclid Avenue is a rare, 2-story, 37-unit property originally built in 1965 with renovations recently completed in 2023 and ADUs currently under construction in 2024. The property is situated on a single parcel of land for a total of ±23,268 square feet and a total building size of ±25,347 square feet. The property features an excellent unit mix of one-bed/one-bathroom, two-bedroom/one-bathroom, and two-bedroom/two-bathroom units averaging 685 square feet per unit. The property features renovated exteriors with covered parking, additional storage space, secure gated entry, courtyard with string lights, outdoor seating area and lush, mature landscaping. Units are renovated with stainless steel appliances, gas oven/stove combination with stylish range hoods, recessed lighting, wall air conditioning and heating, laminate wood look vinyl plank flooring, washers and dryers, granite countertops and new modern window cellular shades. The city of Pasadena is ideally located within Southern California Offering easy access to the 210, 134, 110, 2 and 5 freeways connecting to all of Los Angeles County, Ventura County, and beyond. Significant local landmarks within a 20-mile radius include: The Huntington Library, Brookside Golf Course, The Rose Bowl, Dodger Stadium, Crypto.com Arena, Santa Anita Park, Griffith Observatory, Los Angeles Zoo, Hollywood Walk of Fame, Los Angeles County Arboretum, Hollywood Bowl, Universal Studios, and more. 435 N Euclid Avenue is a prime Pasadena income-producing property and a great long-term investment. The property is in a highly desirable area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange???????????????????????????????????????? buyer.
Courtesy: Homes Realty
5.5% CAP Rate Beautiful Garden Style 16 Units Apartment in NW Pasadena. Two 8-units Buildings. Most units are updated. 100% Leased. Full Address is 1910 & 1918 Lincoln Ave., Pasadena, CA 91103. 2 Parcels (5825-014-003 & 5825-014-002). Unit Mix of (12) 1Bed+1Bath, (2) 2Bed+1.5Bath, & (2) Studio. 14 Parking spaces and shared laundry on site. Excellent upside in rents. Hardly any vacancy. Very easy to manage. Drive By Only.
Welcome to your new investment opportunity in the area of Pasadena! Presenting this well-maintained 5-unit apartment building that offers both comfort and convenience. Each unit comes with its own designated parking spot in the rear, ensuring hassle-free parking for tenants. Upon entering the property, you'll find two units: one featuring 2 bedrooms and 1 bathroom, and the other offering 1 bedroom and 1 bathroom. Above each of these units lies identical rooms and layouts, providing consistency throughout the building. As you explore further, you'll discover the last 1 bedroom, 1 bathroom apartment tucked away separately from the other four units, offering a sense of privacy and exclusivity. Additionally, the property boasts a garage and a laundry room in the back, enhancing convenience for both tenants and owners alike. Located in close proximity to schools, parks, trails, and the charming Old Town Pasadena, this property promises a lifestyle of ease and enjoyment for its residents. Don't miss out on this incredible opportunity to own a piece of Pasadena's thriving real estate market and the endless possibilities this property has to offer!
Welcome to this exceptional property boasting a wealth of opportunities. Situated on a sprawling 15,590-square-foot lot, this residence offers ample space and endless potential.Upon entering, you'll find three distinct units, each with its own charm and functionality. The first unit, located downstairs, features three spacious bedrooms and convenient backyard access through a backdoor. Upstairs, you'll discover two additional units, one offering two bedrooms and the other a cozy one-bedroom layout. Venture outside to the backyard oasis, where a separate structure awaits. This standalone unit, almost like an ADU (Accessory Dwelling Unit), features the final two bedrooms, offering privacy and versatility. Location truly sets this property apart, with close proximity to schools, parks, and scenic hiking trails. Indulge in the vibrant culture of nearby Old Town Pasadena, renowned for its charming atmosphere, eclectic shopping, and delectable dining options.
Quadruplex (#29,#31,#33,#35) Zoned PSRM32 On Tree-Lined Street, Convenient Location, Just North of Colorado Blvd. Close to School, Shops, Bus Stop, Bank, Restaurant etc. The Front Unit Built in 1910 With Old Charms, 2 Bedrooms 1 Bath, Three Newer Units Built in 1987 Including TWO Townhouse Style. units, 2 Bedrooms 1.5 Baths Each (one unit newly remodeled operating as short term rental), The Rear Upstairs Unit, 2 Brm 1 Bath. 3 units are Occupied By Long Termed Tenants, Current Rents are Below Market Rate, Great Potential For Income Raise or Future Development, Each Units With 2 Parking Spaces, Currently Community Laundry Shared With Adjacent Property, 43-47 N. Grand Oaks also For sale. Please Do Not Disturb Occupants nor Walk On The Property, Drive By Only. Offer Subject to Interior Inspection.
Courtesy: SoCal Premier Properties
Triplex . Zoned PSRM32 On Tree-Lined Street, Convenient Location, Just North of Colorado Blvd. Close to School, Shops, Bus Stop, Bank, Restaurant etc. The Front Classic, Old Charmed Building Built in 1931, consists of 2 Units (2,492 sqft per county record) , Downstairs Unit with 2 Bedrooms 1,5 Baths, Laundry Area in the Basement ( long term tenant $1,959.55 rent and is the only unit NOT remodeled ). Upstairs Unit full of Classic Characteristics, 1 Bedroom+ Den/Dining Room, 1 Bath.Rear Building Built in 1910 (. ( Rent $2100 ). Another studio in the very back with yard and laundry hook up Great Potential For Income increase or Future Development, Total 5 Parking Spaces. Driveby only . Next door building ( 4 units ) 35 N Grand Oaks also for sale.
Charming Spanish style duplex in Historic Highlands. Both Units are occupied. Each Unit Has Spacious rooms, many original fixtures, arched doorways, mahogany trim and hardwood floors. Both units have two large bedrooms with 2 closets each. Washer/Dryer in the unit along with dishwasher. Both Units have 1 bathroom which has both a tub and shower. The structure has one car garage and tandem space in front of garage. Shared driveway with the other unit. Upstairs and downstairs units. Shared backyard with both units, and brick patio.
Courtesy: Sotheby's International Realty, Inc.
4.30% CAP Rate Turnkey 16-unit near Pasadena Playhouse District & Lake Ave Shopping. 435 N Wilson Ave, a turnkey and beautifully upgraded 16 units apartment within walking distance to Pasadena Playhouse and South Lake Ave District in the highly desirable City of Pasadena. Situated in the heart of Pasadena, just steps away from the vibrant Old Town, this property benefits from an enviable location that attracts a diverse range of tenants. Situated on an oversized high-density lot, the property offer an investor the rare opportunity to own a turnkey apartment with future development opportunity in an extremely good location in Pasadena. The property has been completely renovated with permits (between 2022-2023 – buyer to verify). It was built in 1960 and consists of 1 single-story building and 1 two-story building. It is situated on an oversized ±17,367sf High Density R4 Lot. This high-density lot provides a clear opportunity for Additional Dwelling Units or future redevelopment opportunity (buyer to verify). The single-story building consists of 6 units. The first unit has a fireplace. The 2-story building consists of the remaining 10 units. Each unit has a sizable private patio or balcony. Top-to-bottom renovations were completed recently on the property, which includes brand new drought tolerant landscaping with center garden area, new building façade, signage and exterior paint, new parking gate and repainted railings, new unit patio fences, new exterior lighting, very well-maintained roof, new dual pane windows throughout and much more. Interior upgrades were completed to each unit, which includes full electrical and plumbing upgrades (plumbing upgrade in unit), new high durability wood vinyl and tile flooring in bathroom, new windows throughout, in-unit combo washer/dryer, state of the art mini-split HVAC systems, new kitchen with quartz kitchen countertop and new kitchen cabinets and stainless-steel kitchen appliances (gas range, dishwasher, and refrigerator), and new bathrooms with new vanities, toilets, bathtubs, and name brand fixtures. The ownership spent a significant amount of time and capital in relocating the previous tenants and completely upgraded the exterior and interior of the property, making this a turnkey investment for the new owner. The property is separately metered for electricity and gas. Parking is provided by 17 carports in the back; there is no soft-story parking required.
*$150,000 Price Reduction* 1429 N Altadena Drive is a quintessential 5-unit apartment building nestled in the heart of Pasadena. Constructed in 1950, this charming property showcases a distinctive unit mix, featuring (1) spacious two-bedroom, one-bath unit and (4) cozy one-bedroom, one-bathroom units. Meticulously maintained over the years, the property exudes a timeless appeal and offers ample amenities for residents. In addition to convenient street parking available in the front, the property also provides five garages situated at the rear, ensuring residents' comfort and convenience. With its prime location and well-appointed features, 1429 N Altadena Drive presents an exceptional opportunity for both investors and tenants alike.
*$150,000 Price Reduction* 1429 N Altadena Drive is a quintessential 5-unit apartment building nestled in the heart of Pasadena. Constructed in 1950, this charming property showcases a distinctive unit mix, featuring (1) spacious two-bedroom, one-bath unit and (4) cozy one-bedroom, one-bathroom units. Meticulously maintained over the years, the property exudes a timeless appeal and offers ample amenities for residents. In addition to convenient street parking available in the front, the property also provides five garages situated at the rear, ensuring residents' comfort and convenience. With its prime location and well-appointed features, 1429 N Altadena Drive presents an exceptional opportunity for both investors and tenants alike.
Courtesy: Coldwell Banker Realty
Exceptional Tear-Down Opportunity with Plans for an 8-Unit Apartment Complex (Pending City Approval)! This unique investment opportunity presents the chance to acquire a multi-family property for redevelopment. The existing property, consisting of three units on a spacious 13,678 SF lot (as per Assessor), is poised for transformation. The unit breakdown includes 314 Holliston Ave - 2 bed/1 bath, 660 SF; 316 N Holliston Ave - 2 bed/1 bath, 580 SF; 318 N Holliston Ave - 3 bed/1 bath, 1,270 SF. Each unit features a 1-car garage and separate metering for water, electricity, and gas. Notably, Unit 318 suffered fire damage in 2021 and has been vacant since. However, the property is being sold with renderings for a new construction--an 8-unit apartment complex, pending city approval. The other two units, one will be delivered vacant by the close of escrow, the other is very cooperative. Positioned in a densely populated apartment area, close to shopping and freeway access, this property is set to capture significant attention, offering a promising opportunity for the savvy investor.
Courtesy: Keller Williams Realty
This duplex is situated in a prime location. The front unit will be delivered vacant at the close of escrow. Both interior units are in excellent condition. New roof in the front unit and the seller replaced the plumbing with copper pipes. The front unit boasts a spacious living room with a fireplace, three large bedrooms, one full bathroom, and a 3/4 bathroom. The kitchen includes an eating area, and the property features central air and heat. Additionally, there is a guest house with a bedroom, living room, kitchen, and a full bathroom—ideal for in-laws or rental purposes with its separate meters. A two-car carport and a sizable concrete patio at the back of the home complete the property. This residence is eligible for adding an ADU unit instead of a garage. Plus, it is easy walking distance to the bus stop, Staters Bro's, Wells Fargo, and Starbucks.
Courtesy: CB RICHARD ELLIS
Great investment opportunity! In the beautiful city of Pasadena you will find this charming duplex waiting to be re-imagined. There are 2 houses on 1 lot and they feel like completely separate properties. The potential is endless with the main house. The main house is in the front has 4 bedrooms and one bath. The back house is two stories and has 2 bedrooms and 2 baths. Long driveway affords generous car parking space options, RV vehicles possible. Great opportunity for an owner-user to live in one unit and receive income for the 2nd unit. Tremendous potential for investors or developers. Conveniently located near Metro Station, Pasadena Community College, downtown Pasadena, shopping, restaurants, 210 Freeway.
Pasadena is located in California. Pasadena, California has a population of 141,231. Pasadena is less family-centric than the surrounding county with 30.45% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Pasadena, California is $76,264. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Pasadena is 37.9 years.
The average high temperature in July is 88.6 degrees, with an average low temperature in January of 45.8 degrees. The average rainfall is approximately 21.6 inches per year, with 0 inches of snow per year.
