Courtesy: Berkshire Hathaway HomeServices California Properties
Courtesy: 2nd Avenue Sales & Marketing,
Courtesy: 2nd Avenue Sales & Marketing,
Courtesy: 2nd Avenue Sales & Marketing,
This 6-unit Value-add apartment offering provides a whopping ±6.77% CAP Rate and ±7.95% Proforma CAP Rate translates to over 9% cash-on-cash return (buyer to verify), which is currently one of the highest CAP Rate for apartments in Pasadena submarket. The property is a two-story apartment with charming colonial revival architecture. It was built in 1892; it has a large building size of ±3,608 SF and is situated on a ±8,410 SF lot. It offers a desirable unit mix of two (2) x 2bed+1bath, and Four (4) x Studio units. Five (5) units have been upgraded with brand new flooring throughout, LED lighting, updated bathroom, 4 units have brand new kitchen with quartz countertops + new kitchen cabinets + stainless steel appliances, and much more. Most of the units are very charming, 2 units have high ceilings. The remaining non-upgraded 1 unit provide ±15% rental upside, which upon turnover will take the current CAP Rate to a whopping ±7.95% proforma CAP Rate (buyer to verify). There is a garage space that is being rented out for an additional income. One of the unit is vacant and can be delivered vacant. The property is a “smart building” with lighting and sprinkler watering controlled via smartphone, and it is secured via a security camera monitoring system. The property has new exterior paint and new common area paint as well. It has a total of 7 parking spaces at the back (5 garages + 2 open space). No parking soft story is required. New owners can take advantage of the garage by renting it out or even converting it into ADU. The property has a common laundry area – the seller owns the machines. Each unit is separately metered for electricity and gas. The property is located on Marengo Ave, crossing Washington Blvd. It is located several minutes east of 210 FWY and minutes away from Old Town Pasadena. It is within minutes from Rose Bowl area, The Paseo on Colorado, museums, theaters, entertainments, groceries, cafes, shops, and other fantastic amenities in Pasadena. It has a good demographic of $102,038 average household income within a 1-mile radius. The property has superb access to FWY 210 and FWY 134 and offers an easy commute to additional employment centers of downtown Los Angeles and adjacent cities of Burbank and Glendale via 134 Freeway. It is minutes away from FWY 110 that connects to Downtown Los Angeles.
Frequently referred to as "The Carnegie Hall of the West," this 45,000-square-foot building with a 1,200-seat concert hall is situated in Pasadena's historic West Pasadena neighborhood. Since 2004, Harvest Rock Church has owned and operated the venue, hosting a wide array of community events, including performances by regional symphony orchestras, school graduations, community awards, dance companies, corporate presentations, and a variety of other fine arts events. The Ambassador Auditorium offers a unique opportunity to own a significant piece of Pasadena's history and a chance to support ongoing community initiatives in this cherished entertainment space.Constructed in 1974 by the architectural firm Daniel, Mann, Johnson and Mendenhall (DMJM), the Ambassador Auditorium exemplifies mid-century design and has been meticulously preserved to maintain its historic integrity. The building boasts five grand spaces with interiors designed by Robert Smith of the American Society of Interior Designers, offering a seamless blend of historical charm and modern elegance.
Courtesy: COMPASS
Welcome to this charming Mediterranean-style DETACHED Townhome that offers the perfect blend of comfort, privacy, and convenience. Designed to feel like a single-family residence, this home boasts over 1,900 square feet of well-planned living space with 3 spacious bedrooms and 3 bathrooms.All bedrooms are located on the second floor, where you'll also find a wheelchair-accessible main bathroom, providing added convenience and thoughtful design. The wide staircase ensures easy access to the upper level and offers the potential for future lift installation if desired.The main level welcomes you with an open floor plan, featuring a step-down living room with a cozy gas fireplace, a dining area, and a functional upgraded kitchen with ample cabinet space. Crown molding, recessed lighting, and tile and hardwood flooring contribute to the home's timeless charm.Additional features include an attached generously sized two-car garage with direct access and a laundry area, plus extra parking available in the driveway. Step outside to your private patio, perfect for relaxing or entertaining.This home has been lovingly cared for by its original owner since it was built in 2002 and is now on the market for the first time. With low HOA fees covering water and insurance, it offers exceptional value in a desirable neighborhood. Conveniently located near Old Town Pasadena, the Rose Bowl, and with easy commuter access to Downtown LA, this property combines modern living with timeless appeal.
Discover this fully renovated mid-century masterpiece by renowned architect Lionel Mayell, perched on Pasadena's east arroyo bluffs. Overlooking the stunning Arroyo Seco ravine and the iconic Colorado Street Bridge, this elegant condo offers the perfect blend of timeless design, modern comfort, and a prime location with easy access to Old Town Pasadena, the Rose Bowl, and the Aquatic Center.This ground-level, single-story unit features a bright and spacious living and dining area that opens to a front terrace with serene views of lush, landscaped grounds. The designer kitchen boasts solid surface countertops, sleek cabinetry, stainless steel appliances, and a European-style in-kitchen laundry area for ultimate convenience.Retreat to the expansive bedroom with an updated ensuite bathroom, complete with double sinks, a soaking tub, a separate shower, and abundant closet space. Step outside to your private patio, a cozy garden oasis perfect for relaxation or entertaining.Plaza del Arroyo, inspired by the elegance of Villa San Pascual and Whispering Waters, offers pet-friendly living with 20 units across five architecturally significant buildings surrounding a tranquil central fountain. HOA dues of $733.57 per month cover all utilities, providing exceptional value. The HOA recently completed new plumbing and a new roof, and all exterior buildings are scheduled to be painted in early 2025. The condo includes an enclosed parking space, with additional street parking available by permit.Don't miss this rare opportunity to own a piece of Pasadena history with modern luxury. Schedule your private showing today!
Courtesy: The Agency
Courtesy: COMPASS
Welcome to this exceptional residence in the coveted Casa Serena condominiums, perfectly situated on the top corner of the complex. Offering tranquil treetop & mountain views, this unit combines comfort, functionality & a prime Pasadena location. Upon entry, you're greeted by a formal foyer with a mirrored entry closet, setting the tone for the spacious layout. The living room features newly carpeted flooring & flows seamlessly into the dining area, which is adorned with wainscoting, a ceiling fan, built-in cabinets with glass doors, and wood-louvered shutters on the windows. A large glass slider opens to a private balcony, offering serene treetop views--perfect for relaxing or entertaining. The kitchen is thoughtfully designed with tile countertops, abundant cabinetry & linoleum flooring for easy maintenance. There's an in-wall oven & microwave along with an electric cooktop with range hood, a dishwasher & a refrigerator The hallway leads to the bedroom wing, where the first generously sized bedroom boasts a spacious closet & windows framing stunning San Gabriel mountain views. Across the hall, the full bathroom features an oversized single-sink vanity with recessed lighting, a skylight that fills the space with natural light & a tub & shower combination. At the end of the hall, the expansive primary suite serves as a private retreat with large windows showcasing mountain views & two ample closets. The ensuite bathroom includes an oversized single-sink vanity with recessed lighting, a skylight for added brightness & a shower enclosure. This secure building showcases a park-like setting in the center courtyard leading to the pool and spa area where you can take advantage of the sunny So Cal weather. Nestled in the heart of Pasadena, this home places you in close proximity to the South Lake District, Cal Tech & Old Town Pasadena, offering unparalleled access to shopping, dining & cultural attractions. Don't miss the opportunity to experience the best of Pasadena living!
Welcome to Casa Serena, this beautifully updated condo is adjacent to Madison Heights in the heart of Pasadena. This stylish first-floor home combines modern updates with timeless elegance, offering both comfort & convenience. Upon entry, you're greeted by hardwood flooring that flows throughout the main living areas. To the left, a chic wet bar area features quartz countertops, a bar sink & a custom tiled backsplash that extends to the ceiling, framed by crown molding--a perfect space for entertaining. The living room boasts recessed lighting, crown molding & a large glass slider that opens to an oversized balcony, creating a seamless indoor-outdoor living experience. Adjacent to the living room, the dining area transitions effortlessly into the updated kitchen, which is equipped with quartz countertops & a custom tiled backsplash, stainless steel appliances, including a refrigerator, dishwasher, in-wall oven & microwave. A 4-burner Frigidaire electric cooktop with an oven hood, tile flooring & a pantry closet for ample storage. To the right of the entry, you'll find a hallway lined with linen cabinets & a walk-in closet, providing generous storage solutions. Across the hall is the first of two bedrooms, featuring built-in shelving & cabinets along one wall, a ceiling fan, crown molding & wood-louvered shutters over the windows. The adjacent 3/4 bathroom showcases a glass shower enclosure with custom tiled walls, hexagon tile flooring, a single-sink vanity with a custom tiled countertop & crown molding. The primary suite is a serene retreat with wood-like laminate flooring, crown molding, recessed lighting, wood-louvered shutters & a ceiling fan. The attached ensuite bathroom includes an oversized quartz countertop with a single sink, a walk-in shower with subway tile surround & a glass enclosure. Finishing the space is a spacious walk-in closet. Situated in a secure building with easy access to Pasadena's best, Casa Serena is just moments from the South Lake District, Old Town Pasadena, Cal Tech & minutes from Los Angeles' many attractions. Experience the perfect blend of sophistication & convenience in this turnkey property!
Welcome to this attractive 1,249 sq. ft. spacious single story condo in the prime Pasadena Mentor Catalina neighborhood. Special features include side-by-side washer and dryer in the unit and a large private covered patio. Highlights: upgraded granite kitchen countertops, gas fireplace, open-concept dining/living space. The large primary with ensuite includes abundant closet space. The bonus of a spacious patio creates seamless indoor/outdoor flow. The space is perfect for entertaining, relaxing or dining alfresco. The 2 bedrooms and bathrooms are at opposite ends of the unit. This second story unit is part of a quiet 18-unit complex. Building is professionally managed with controlled access, 2-car tandem parking and personal storage. HOA dues include trash, water and earthquake insurance. The complex has a newer roof and resurfaced walkways. Minutes to the best retail, dining and shops on S Lake Avenue. 5 minutes to the Lake Gold Line Station, Caltech and Old Town Pasadena.
Courtesy: Real Broker
Welcome to this attractive 1,249 sq. ft. spacious single story condo in the prime Pasadena Mentor Catalina neighborhood. Special features include side-by-side washer and dryer in the unit and a large private covered patio. Highlights: upgraded granite kitchen countertops, gas fireplace, open-concept dining/living space. The large primary with ensuite includes abundant closet space. The bonus of a spacious patio creates seamless indoor/outdoor flow. The space is perfect for entertaining, relaxing or dining alfresco. The 2 bedrooms and bathrooms are at opposite ends of the unit. This second story unit is part of a quiet 18-unit complex. Building is professionally managed with controlled access, 2-car tandem parking and personal storage. HOA dues include trash, water and earthquake insurance. The complex has a newer roof and resurfaced walkways. Minutes to the best retail, dining and shops on S Lake Avenue. 5 minutes to the Lake Gold Line Station, Caltech and Old Town Pasadena.
A very well-maintained property in an excellent location only several blocks away from CALTECH and Pasadena City College. With a walk score of 94 and proximity to many amenities in the area including Lake Ave District and Old Town Pasadena and flurries of restaurants along Colorado Blvd, this community offers an ease of management and easy to rent investment. Offered at close to 5% CAP Rate, this investment presents an excellent opportunity for savvy investors to buy a very well-located apartment with no known deferred maintenance and excellent in-place rents. The property was built in 1959 and situated on southeast corner of Mar Vista Ave and Union St. It has a total of ±6,920SF building size and is situated on a large ±8,744SF R4 lot. It has small lawn in the front with side paver stone courtyard that provides easy access to units. The roof is in excellent condition and the property has updated exterior paint. It offers an excellent unit mix of two (2) 2-bedroom+1-bathroom, and eight (8) 1-bedroom+1-bathroom units. Approximately 8 out of 10 of the units have had upgrades with updated kitchen, updated flooring and updated bathroom (buyer to verify). The units are spacious and bright with updated dual pane windows throughout. There are 9 parking spaces provided by carports in the back – there is no soft story retrofit required. Parking is secured by an automatic parking gate. There is a shared laundry room with seller’s own machines. Each unit is separately metered for gas and electricity. The property is located within the central Pasadena area (near Pasadena City College and California Institute of Technology), south of 210 Freeway and just within minutes to Old Town Pasadena area. Boasting a Walk Score of 94 with SUPERB demographics, it offers a superior location with easy access to FWY 210 and FWY 134. It is approximately a mile away from Pasadena Playhouse District, and around ±1.8miles from Old Town Pasadena. It is also just minutes from The Pasadena Convention Center, Norton Simon Museum, Pacific Asia Museum, shopping and dining in the area. The property has superb access to FWY 210 and offers an easy commute to additional employment centers of downtown Los Angeles and adjacent cities of Burbank and Glendale via 134 Freeway.
409 N Mar Vista Ave, a value-add Triplex (3 unit) apartment community in the City of Pasadena. First time ever offered for sale since 1998 (26 years), the property offers desirable single story bungalow layout and consists of a single story SFR, and single-story duplex on the same lot. The property offers a strategic location near Old Town Pasadena, and Rose Bowl. This offering provides an excellent opportunity for a first-time apartment investor or even an owner-user to put their personal touch in a building w/ character and add value in the process. Property is FULLY occupied with tenants, and will be delivered with tenants in place (SEE AGENT REMARK). The property was built in 1928, has a total of ±2,389 SF building size and situated on a large ±11,038 SF R4 zoned lot. It offers an excellent unit mix of front house 2bedroom + 1bathroom, and a detached back duplex that consists of two (2) x 1bedroom+1bathroom units. Each building has a large private backyard and an attached garage (ideal for ADU conversion). It offers ease of maintenance and high demand due to its location and layout. Each unit is unique with plenty of charm and characters, the front house #409 and back unit #411-1/2 have arched ceiling in the living room, front house has central HVAC unit, each unit has original hardwood floor, dining area, laundry hookups, large private backyard, and so much more. The property offers ample parking with a total of 6 spaces provided by 2 attached garages which are primed for ADU’s conversions, and 4 open spaces. The property has a shared gate and driveway with the next-door property (413) and the parking gate is powered by next door property. Make sure to see agent remark.
Welcome to Muir Heights. This California bungalow has been tastefully redone and is waiting to be a part of your history. A quaint West Pasadena location in a historical pocket neighborhood close to Al Fresco downtown restaurants, shops, and minutes from the Rose Bowl, this charming 3-bedroom, 2-bath residence invites you to enjoy a serene lifestyle on a cozy lot. The home boasts an open floor plan on an efficiently situated very private lot with just one adjacent neighbor, perfect for tranquil gardening, peaceful evenings, or lively events; all wrapped in the privacy of an all-encompassing gate surrounding the property line. The masterful tree lined street adds to the appeal of this lovely residence. Inside you will find a tactfully done kitchen tastefully equipped with maple cabinets and functional granite countertops. The home hosts 3 bedrooms and 2 bathrooms, including the primary bedroom with an en suite bath. The detached, spacious 2 car garage offers its owner a world of possibility, whether you want a office, workshop, storage, or an ADU for even greater future value. This home offers the perfect blend of quaintness and modern ease. Don’t miss your chance to call this enchanting space your home!
Welcome to a spacious and well-maintained single-level condo in the sought after Del Mar Sierra Manor Complex.. This charming unit boasts an open floor plan, complemented by dual-pane windows and sliding glass doors, offering a serene and tranquil ambiance. The large balcony provides an ideal outdoor retreat for enjoying your morning coffee and unwinding. Additional features include newer wood flooring throughout, new kitchen sink & faucet, cozy fireplace, dining area, kitchen nook, ample kitchen cabinetry, spacious bedroom with walk-in closet, full-sized bathroom, and plenty of storage space. The complex features an elevator, pool, billiard room, community room, an updated gym with private shower, BBQ area, 2 large community upgraded laundry rooms, earthquake insurance and gated subterranean parking with guest parking. This unit comes with one assigned parking space located near the garage entrance and elevator. Conveniently located near shopping and a wide variety of notable restaurants, major freeways, public transportations, Caltech, PCC, and The Metro Rail Allen station. Brand new HVAC and thermostat just installed.
Courtesy: eXp Realty of California Inc
Courtesy: Berkshire Hathaway HomeServices California Properties
Courtesy: Sotheby's International Realty, Inc.
Courtesy: Keller Williams Realty
Courtesy: Keller Williams Realty
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.
