Active

Residentialincome

Pasadena, CA 91107
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Bed 6

Bed

Bath 5

Bath

SqFt3,032

Sqft

SqFt13,729

Sqft(Lot)

Rare opportunity to acquire the subject property, a well-maintained 5-unit apartment community ideally located in the heart of Pasadena, one of the most established and consistently sought-after residential markets in the San Gabriel Valley. Built in 1950/1953 and coming to market for the first time in over 30 years, this offering represents a true generational ownership event a pride-of-ownership asset in a city defined by enduring demand and deep-rooted residential character.Situated on an expansive 13,725 square foot lot, the property totals 3,032 square feet of gross building area, averaging 606 square feet per unit across five separate buildings three of which contain residential units. The asset features a unit mix of four (4) one-bedroom, one-bath units and one (1) two-bedroom, on e-bath house, a configuration that offers the privacy and feel of standalone living rarely found in traditional apartment product.In-place rents generate a scheduled monthly income of $11,013 and scheduled yearly income of $132,156, with garage income contributing an additional $5,640 annually supporting durable, diversified cash flow at the property.Pasadena's enduring appeal further strengthens the investment profile of the subject property. The asset is embedded within one of the most amenity-rich cities in Los Angeles County, with convenient access to the shops, dining, and cultural destinations of Old Pasadena, South Lake Avenue, and the Playhouse District, as well as the recreational amenities of Eaton Canyon, the Arroyo Seco, and the Rose Bowl. Proximity to the 210 and 134 freeways and the Metro A Line ensures easy connectivity to major employment hubs including Caltech, the Jet Propulsion Laboratory, and Huntington Health sustaining deep, consistent rental demand.With its prime Pasadena address, rare five-building configuration, strong in-place income, on-site garages, and first-time availability in over 30 years, the subject property represents a rare opportunity to acquire a generational, pride-of-ownership asset in one of the most enduring and supply-constrained submarkets in Los Angeles.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,120,000

AD Id : 91024448

MLS Id : 26976913

Beds : 6

Lot Size : 13,729 Sqft

Living Area Size : 3,032

Year Built : 1953

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 5

  • Building Information

    Year Built: 1953
    Building Area Total: 3032
    Stories: 1
    Private Pool: No

  • Lot Information

    Main Square Feet: 13729 Lot Size Acres: 0.3152 Lot Size Square Feet: 13,729

  • Listing Price Information

    Listing Price: $2120000

  • Tax Information

    Parcel Number: 5748004018

  • Location Information

    Direction: In pasadena
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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 8,599 Sqft
1030 Cynthia Avenue, Pasadena, CA, 91107 $1,249,000 3 2 1,370 7,353 Sqft
1305 Valley View Avenue, Pasadena, CA, 91107 $1,390,000 3 2 1,490 7,329 Sqft
1175 Valley View, Pasadena, CA, 91107 $1,499,990 3 2 1,762 7,325 Sqft
1830 Pasadena Glen Road, Pasadena, CA, 91107 $900,000 2 1 1,017 4,788 Sqft
1150 Leonard Avenue, Pasadena, CA, 91107 $2,050,000 4 3 2,131 7,930 Sqft
3945 Blanche, Pasadena, CA, 91107 $1,959,990 4 5 2,706 6,805 Sqft
41 Merlon, Pasadena, CA, 91107 $1,149,000 3 3 1,659 7,391 Sqft
1580 Old House Road, Pasadena, CA, 91107 $1,800,000 5 3 2,328 19,988 Sqft
960 Crestview Drive, Pasadena, CA, 91107 $1,898,000 3 3 2,132 7,205 Sqft

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ByOwner last updated this listing 09/06/2026 @ 22:06

MLS: 26976913 LISTED BY: John Boyett, CBRE SOURCE: CRMLS

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