Active

56 N Parkwood

Pasadena, CA 91107
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Bed 0

Bed

Bath 0

Bath

SqFt3,377

Sqft

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. Two 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 : Residential Income

Price : $1,650,000

AD Id : 79964286

MLS Id : WS26119724

Lot Size : 8,421 Sqft

Living Area Size : 3,377

Year Built : 1953

Garage : 2

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Fireplace: None
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Heating Source

    Wall Furnace Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1953 Building Area Total: 3,377
  • Pool Features

    None

    Laundry Features

    Washer Hookup,Gas Dryer Hookup

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1933
  • Lot Size Source: Assessor Lot Size Square Feet: 8421

  • Listing Price Information

    Original List Price: 1,650,000 Listing Contract Date: 2026-06-03
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5746016073

  • Garage and Parking

    Garage Description: Assigned,On Street

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 648 - Pasadena (SE) Directions: North of Colorado Blvd. and South of Foothill Blvd. Source Property Type: Residential Income Area: 648 - Pasadena (SE) Property SubType: Apartment
  • Building and Construction

    Property Age: 73 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: Front door Property Attached: Yes Levels or Stories: One,Two Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3948 Park Vista Drive, Pasadena, CA, 91107 $1,980,000 3 1 2,057 2,057 SqFt
3825 Skycrest Drive, Pasadena, CA, 91107 $1,495,000 3 1 1,855 1,855 SqFt
3860 Valley Lights Drive, Pasadena, CA, 91107 $1,799,000 4 3 2,139 2,139 SqFt
3890 Shadow Grove Road, Pasadena, CA, 91107 $3,849,900 4 5 4,100 4,100 SqFt
3439 Vosburg Street, Pasadena, CA, 91107 $3,600,000 4 2 3,030 3,030 SqFt
1080 Riviera Drive, Pasadena, CA, 91107 $1,399,000 3 2 1,632 1,632 SqFt
1580 Old House Road, Pasadena, CA, 91107 $1,999,999 5 1 2,328 2,328 SqFt
3928 Mountain View Avenue, Pasadena, CA, 91107 $849,000 3 1 1,156 1,156 SqFt
3747 Arboleda Street, Pasadena, CA, 91107 $898,000 3 1 1,109 1,109 SqFt
2210 Brambling Lane, Pasadena, CA, 91107 $1,849,000 3 1 2,440 2,440 SqFt

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ByOwner last updated this listing 06/07/2026 @ 08:01

MLS: WS26119724 LISTED BY: TONY MA, Compass 626-205-4040 SOURCE: CRMLS

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