Active

53 S Roosevelt

Pasadena, CA 91107
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

SqFt4,350

Sqft

SqFt11,256

Sqft(Lot)

Big Price Adjustment! Motivated Seller! A True Gem for Developers and Investors! Rare opportunity to own a 4-unit compound of fully detached homes in one of Pasadena’s most desirable residential pockets, just south of Colorado Blvd. Situated on an expansive 11,256 SF lot, the property offers approximately 4,350 SF of living space with an ideal layout for both end-users and investors. The front residence features 3 bedrooms and 2 bathrooms, while the rear homes each offer 2 bedrooms and 1 bathroom, all with functional layouts, high ceilings, and abundant natural light. Separate electric and gas meters, shared laundry, and covered parking provide convenience and operational efficiency. Surrounded by well-maintained homes and set along a wide, tree-lined street, the property offers a quiet, comfortable environment with strong neighborhood appeal - a rare blend of lifestyle and investment fundamentals. Zoned RM-32, this property presents exceptional redevelopment potential for higher-density new construction (buyer to verify). The large lot further enhances its appeal with ADU and value-add opportunities, making it equally attractive to developers seeking long-term upside. A unique offering that seamlessly combines current income, future development potential, and a premier Pasadena location — opportunities like this are rarely available.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,980,000

AD Id : 76929785

MLS Id : AR26075032

Lot Size : 11,256 Sqft

Living Area Size : 4,350

Year Built : 1978

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Central, Forced Air, Heat Pump, Wall Furnace Has Cooling: Yes Cooling: Central Air, Heat Pump, Wall/Window Unit(s)

  • Building Information

    Year Built: 1978
    Building Area Total: 4350
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 11256 Lot Size Acres: 0.2584 Lot Size Source: Assessor Lot Size Square Feet: 11,256

  • Listing Price Information

    Listing Price: $1980000
    Original Price: $2150000
    Cash to New Loan

  • Tax Information

    Parcel Number: 5747006049 Tax Lot: 1

  • Utility Information

    Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: S of E Colorado Blvd, E of N Allen Ave, W of S Sierra Madre Blvd WaterSource: Public
Sell a home like this and save $118,301 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3860 Valley Lights Drive, Pasadena, CA, 91107 $1,799,000 4 3 2,139 2,139 SqFt
1030 Cynthia Avenue, Pasadena, CA, 91107 $1,249,000 3 2 1,370 1,370 SqFt
3890 Shadow Grove Road, Pasadena, CA, 91107 $3,849,900 4 5 4,100 4,100 SqFt
1955 Windover Road, Pasadena, CA, 91107 $2,385,000 3 3 2,723 2,723 SqFt
3945 Blanche, Pasadena, CA, 91107 $2,050,000 4 5 2,706 2,706 SqFt
41 Merlon, Pasadena, CA, 91107 $1,199,000 3 3 1,659 1,659 SqFt
1580 Old House Road, Pasadena, CA, 91107 $1,999,999 5 3 2,328 2,328 SqFt
3928 Mountain View Avenue, Pasadena, CA, 91107 $839,000 3 1 1,156 1,156 SqFt
3750 Blanche Street, Pasadena, CA, 91107 $1,300,000 3 1 1,064 1,064 SqFt
553 Woodward Blvd, Pasadena, CA, 91107 $3,680,000 6 7 5,953 5,953 SqFt

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 07/25/2026 @ 07:15

MLS: AR26075032 LISTED BY: Kuangkai Kuo, In Realty Inc. 626-802-0335 SOURCE: CRMLS

Homes around $1,980,000

Selling? Save $118,301 when you sell a home like this

Tour with a ByOwner Agent