56 N Parkwood, Pasadena, California image 1
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56 N Parkwood

Pasadena, CA 91107
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$1,650,000 $6,956/Mo
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Bed 7

Bed

Bath 5

Bath

SqFt8,421

Sqft(Lot)

Prime Pasadena Multifamily Investment Opportunity! Located at 56 N. Parkwood Avenue, this five-unit Pasadena multifamily property features an attractive unit mix of 2 (2BD/1BA) units and 3 (1BD/1BA) units. One of the 1-bedroom, 1-bathroom units is currently vacant and available for rent, providing immediate upside potential for investors and owner-users alike. A floor plan and interior photos of the vacant unit are included, allowing prospective buyers to evaluate the layout, condition, and rental potential. Ideally situated near Caltech, Pasadena City College, Huntington Hospital, Old Town Pasadena, and the South Lake Avenue shopping and dining district, the property benefits from strong rental demand and convenient access to major employment centers, public transportation, parks, and ent ertainment. Whether you're seeking stable cash flow, future rental growth, or a long-term hold in a high-demand market, this Pasadena multifamily property offers an exceptional investment opportunity. With its desirable unit mix, prime location, and immediate leasing opportunity, 56 N. Parkwood Avenue is well-positioned for both current income and long-term appreciation. Don't miss this chance to own a five-unit Pasadena investment property with strong fundamentals and significant upside potential.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,650,000

AD Id : 89044549

MLS Id : WS26168777

Beds : 7

Lot Size : 8,421 Sqft

Year Built : 1953

Garage : 2

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1953
    Building Area Total: 3377
    Stories: 1
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 8421 Lot Size Acres: 0.1933 Lot Size Source: Assessor Lot Size Square Feet: 8,421 Lot Description: FrontYard,RectangularLot

  • Listing Price Information

    Listing Price: $1650000
    Cash, CashToNewLoan, Conventional, Exchange1031

  • Tax Information

    Parcel Number: 5746016073 Tax Lot: 21

  • Virtual Tour

    Virtual Tour (External Link)

    Parking Information

    Parking Total: 5 Assigned, OnStreet

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: North of Colorado Blvd. and South of Foothill Blvd. WaterSource: Public
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/16/2026 @ 03:31

MLS: WS26168777 LISTED BY: TONY MA, Compass 626-205-4040 SOURCE: CRMLS

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