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$2,150,000
Est. payment /mo
4,309 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,309 sqft
Price per Sqft $498
MLS Listing ID CRCV25111145
HOA Y/N No
Year Built 1913
Lot Size 9,750 Sqft
Acres 0.22
Property Sub-Type Other
Property Description
We are pleased to exclusively offer for sale this 6-unit multifamily investment situated in a prime Pasadena location. The subject property offers an exceptional opportunity for investors seeking long-term stability in one of the region’s most sought-after submarkets. Located directly across from Mayfield Junior School and just minutes from Caltech, Pasadena City College, and the vibrant dining and shopping scene of Old Pasadena, the property delivers unmatched convenience and rental demand. Set on a 9,750 sq. ft. lot with 4,309 rentable sq. ft., the building features a diverse and desirable unit mix, including a rare 1-Bedroom/1-Bath two-story Townhouse, (2) 2-Bedroom/1-Bath units, and (3) 1-Bedroom/1-Bath units. The garden-style entry adds charm and privacy, while tenants benefit from onsite parking and individual utility metering. Significant capital improvements include: copper plumbing, newer roofs, and updated electrical sub-panels, offering investors a turn-key asset with reduced future maintenance. (For those looking to scale, this property can also be purchased with the adjacent 7-unit multi-family property located at 420 S. Euclid Ave., creating a rare opportunity to own a 13-unit portfolio in one of Pasadena’s strongest rental corridors. Development potential may e
Location
State CA
County Los Angeles
Zoning PSR3
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry No Hookups
Exterior
View Y/N false
View None
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 5722034008
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Listed by Kristopher German • RE/MAX 2000 REALTY