We are excited to exclusively offer a prime 12-unit multifamily investment opportunity in the heart of Pasadena’s coveted Villa Parke neighborhood. Strategically located at 423 N Garfield Avenue, just steps from the 210 Freeway, this property boasts approximately 9,272 square feet of rentable space on a generous 11,875 square foot lot. This exceptional property offers unparalleled potential in Pasadena’s vibrant market. This exceptional property offers unparalleled investment potential in Pasadena’s vibrant market. With its prime location and strong tenant demand, this asset presents a unique opportunity for significant rental growth. 423 N Garfield Avenue is ideally positioned within walking distance of the eclectic and historic Old Town Pasadena, a cultural hub brimming with over 300 businesses offering diverse shopping, dining, and entertainment options. Additionally, the property is just a mile away from the renowned Pasadena Playhouse District, a premier destination known for its world-class theater, museums, galleries, and upscale eateries. This prime location provides residents with easy access to a wealth of amenities, cultural experiences and top employers. The property features mature lush landscaping, laundry facility, carport and surface street parking. Units features include fully equipped kitchens with gas stoves and appliances, wall air conditioning and heating, wood-like flooring throughout, carpet in bedrooms, ceiling fans and vertical blinds. 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. Its location offers convenient access to neighboring cities within the San Gabriel Valley and San Fernando Valley. 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. 423 N Garfield 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.
Residence 210 stands out as a top-floor corner unit, adequate airflow, one of the rare few with elevator access. It boasts 14ft vaulted ceilings in the main living area, private bedrooms without shared walls, and captivating mountain views. The interiors are spacious and well-thought-out, featuring French Oak Hardwood flooring, stylish shaker-style wood cabinetry in a midnight-charcoal finish, marble-look Quartz countertops, and lofty 10ft ceilings. This residence creates a serene outdoor living environment with lush garden courtyards, complete with BBQ grills and fire pit. Comes with secured underground parking spaces side by side, an EV charging station, and a private storage room in the garage. Additional conveniences include in-closet washer & dryer. This modern residence is the newest in the neighborhood, nestled in a highly desirable area of Pasadena, proximity to trendy dining and shopping in Old Town Pasadena & Paseo, top-rated schools, medical facilities, Arlington Garden, and easy access to freeway 110, 134, & 210. Some interior photos are virtually staged. OPEN HOUSE Saturday 10/19 from 12 PM to 3 PM.
We are pleased to exclusively offer the York House Apartments, an exceptional multifamily investment opportunity situated at 444 N Euclid Avenue in Pasadena. Strategically positioned within the coveted Villa Parke neighborhood, this property presents a prime opportunity for value appreciation. Its convenient proximity to major thoroughfares and the 210 Foothill Freeway ensures robust tenant demand and easy accessibility. The York House Apartments are a 2-story, 23-unit property originally built in 1958. The property is situated between Maple Street and E Villa Street on a single parcel of land with a total of ±21,172 square feet and a total building size of ±17,012 square feet. The property features an excellent unit mix of one-bed/one-bathroom and two-bedroom/one-bathroom units averaging 740 SF per unit. The property features an on-site laundry facility, mature lush landscaping with a courtyard, covered parking, sparkling pool with outdoor seating, and a secure entry gate. Most units have been upgraded and feature vinyl plank flooring and carpet throughout, kitchens with stainless steel appliances, ceiling fans, and wall air conditioning and heating. 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. Its location offers convenient access to neighboring cities within the San Gabriel Valley and San Fernando Valley. 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. The York House Apartments at 444 N Euclid Avenue is a prime Pasadena income-producing property that offers a compelling long-term investment opportunity. Its current 2.95% interest-only debt provides an attractive financing structure, while the significant potential for rental upside— an estimated 27% growth to achieve market rents—underscores its value. Located in a highly desirable neighborhood, this property presents a stable investment opportunity for a diverse range of investors, including first-time buyers, seasoned professionals, and those seeking 1031 exchange benefits.
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 ±5.56% CAP Rate and low ±12.67x GRM, this offering provides an excellent Cash-on-cash return on a full Turnkey building where 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. The property is separately metered for electricity and serviced by a master water heater. Parking is provided by an open space parking in front.
INCREDIBLE 6.04% IN-PLACE CAP RATE! We are pleased to present the opportunity to acquire a rare and exceptional 28-unit multifamily property in Pasadena, CA. Originally constructed in 1932 with an addition in 1949, 1559 N Hill Avenue exudes charm and sophistication with its stately colonial architecture and large columned front porch. The property comprises (22) 1-bedroom units, (5) studios, and (1) 2-bedroom, 1-bath unit. There is a beautifully landscaped central courtyard surrounded by a gorgeous vintage Mellenthin-inspired second-floor catwalk. At the rear of the property is a large, easily-accessible surface parking lot with room for 25 vehicles. Tenants have access to a secured, oversized laundry room as well as to a large bike storage room.These spaces as well as another unused storage room are each roughly 1,000 square feet and could be repurposed for any number of different amenities or they could be potentially converted to additional ADU units. The property has been well maintained with only two owners over the past 40+ years. A major overhaul of the electrical system was completed in 2010 which included main panel and transformer replacement as well as rewiring of all units. The building exterior and interior common areas were recently painted as well. Furthermore, there is no need for soft story or similar seismic retrofitting. 1559 N Hill is located in Pasadena's Historic Highlands neighborhood. This primarily residential enclave is serene and quiet but offers easy access to many great points of interest. Most notably, the property is a short 5-minute walk to Washington Boulevard which is lined with popular shops and restaurants as well as larger national chain stores. 1559 N Hill presents an excellent opportunity for investors looking to acquire a well-positioned multifamily asset in a strong Southern California market. With rental income growth potential and high demand for housing in Pasadena, this property offers both stable current cash flow and significant upside potential.
Mixed-use Live/Workspace at Lake@ Walnut community on courtyard level with separate entrances. Original owner. Only five Live/Workspaces in development. Ideal location at South Lake business/shopping district. Ralph's Market, Gold Lines, & 210 Fwy. Downstairs is a large private patio entry, and it is approx. 900 sf of open space with hardwood floors and floor to ceiling south facing windows allowing lots of natural lights and creativity. There is a powder room and a storage closet on this level. There might be an area for a bedroom. Upstairs has a separate entrance and access through the interior staircase. It is a stylish living space with a well-appointed kitchen with stainless steel appliances & granite countertops. It's open to the dining area and living room with a balcony and city views. Laundry closet with a washer and dryer is next to a full bath and a bedroom with a walk-in closet. Ideal for live work each with a private entry on a separate level. The Lake@ Walnut community common area has a fully equipped gym, club room, courtyard with waterfalls, a sitting area, and a BBQ station. This unit comes with 6 assigned parking spaces. Make it yours. Easy to show.
The property at 1215 Hartwood Point Drive is a nationally recognized architectural masterpiece, having been featured in the Robb Report, The San Francisco Chronicle, The Pasadena Star News, and 20 other prestigious publications. Most notably, it was recently highlighted in Architectural Digest Pro, appearing in the same column as Floyd Mayweather Jr., further cementing its iconic status.Located in the exclusive gated community of 'The Point' in Pasadena, this stunning mid-century modern home was designed by renowned architect John Galbraith and completed in 1952. The home has had only three owners and has undergone two major remodels overseen by Galbraith, adding a central library and a spacious great room. It features vertical redwood paneling, flying walls, burnished walnut accents, mitered glass corners, and floor-to-ceiling windows, exemplifying the best of indoor-outdoor living. The lot encompasses both canyons and flat land, offering unparalleled views and privacy.
Welcome to 625 E Del Mar Blvd, Apt 106 in Pasadena. This recently renovated single-level corner unit is nestled in the highly sought-after Pasadena area, just a few minutes' walk to shops and a short drive to PCC and CalTech. The entire building has been freshly painted. Inside the condo, you’ll find brand new flooring throughout, new wall paint and new shutters. The kitchen has been thoughtfully updated with new countertops and cabinets. The spacious living room, filled with natural light, opens up to a cozy balcony through a large sliding glass door, perfect for enjoying the outdoors. This condo features two well-lit bedrooms, each benefiting from ample natural light, creating a comfortable and inviting atmosphere. With its recent updates and prime location, this condo offers an excellent opportunity to enjoy all that Pasadena has to offer. The welcoming ambiance truly makes this unit the perfect place to call home.
Discover a unique opportunity in the heart of Pasadena’s vibrant Playhouse District with this impressive 5,012 square foot, two story creative garden office building. Perfectly situated on a 10,446 square foot lot, this property offers exceptional visibility and accessibility. PROPERTY HIGHLIGHTS: • Prime Location: Nestled in the prestigious Playhouse District, known for its dynamic atmosphere and cultural vibrancy. • Spacious Interiors: 5,012 square feet of versatile, creative office space designed to inspire productivity and collaboration. • Expansive Lot: Set on a 10,446 square foot lot, providing ample space for parking and outdoor activities. • Exceptional Accessibility: Easily accessible from major thoroughfares, public transportation, and pedestrian-friendly streets. Don’t miss the chance to elevate your business in this unparalleled location. Contact us today to schedule a private tour and explore the endless possibilities this exceptional property has to offer.
The 940 East Union Street office building in Pasadena, CA, is a distinguished two-story Spanish-style property. With a total building size of approximately 2,924 square feet, as per the assessor, this building was constructed in 2003 and is categorized as a Class B office space. Nestled in a prime corner location in downtown Pasadena, this property offers a significant opportunity for owner-users with income in place. The lot size, according to the assessor, is approximately 4,913 square feet. The building is enhanced with operable windows that provide expansive views in all four directions: East, West, South, and North. It boasts a Walk Score of 97, signifying its status as a Walkers Paradise, with easy access to numerous amenities. The property also includes 6 parking spaces, a rare convenience in this area. Located in the prestigious South Lake Business District, this building is in close proximity to Colorado Blvd and Lake Ave, making it an ideal location for business operations.
Fantastic development opportunity in the hills of Pasadena! This vacant downslope lot, appx 9,550 SF, is zoned PSR2, offering the potential to create a truly unique home. Nestled in a serene neighborhood, the corner lot boasts gorgeous views of canyons and mountains, providing a picturesque backdrop for any future development. Its prime location offers easy access to the 134 freeway, Old Town Pasadena, the Rose Bowl, and even a short drive to DTLA, making it a desirable spot for those seeking both tranquility and convenience. Don't miss the chance to bring your vision to life in this sought-after area.
Endless Opportunities for this 11,249 sqft FLAT lot in prime Pasadena! Loads of Old World Charm, as well as, ADU possibilities, with total of 6 parking spaces(incl Garage). Minutes to John Marshall High School, CalTech, PCC, Victory Park, Eaton Canyon Hiking, Art Center College of Design, Hasting's Ranch Shopping, Arcadia's Westfield Mall and Numerous Resteraunts in Old Town Pasadena. Property was last sold in 1975.
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.