308 Pasadena
South Pasadena, CA 91030
0
Bed
0
Bath
9,990Sqft
21,008Sqft(Lot)
20-unit Value-add in South Pasadena (NO LOCAL Rent Control), Walk to Arroyo Seco Golf Course and Mission Street Downtown District, Prime Large R3 Lot with ADU Potential, South Pasadena School District, Exceptional Demographics. A premier 20-unit value-add investment opportunity in the highly coveted city of South Pasadena. Renowned for its high barriers to entry and exceptionally limited multifamily inventory, South Pasadena offers investors a rare chance to acquire a substantial footprint in a top-tier Southern California submarket with No Local Rent Control (under CA AB1482). Strategically located a block from the Arroyo Seco Golf Course and within walking distance to the vibrant Mission Street Downtown District, the property provides tenants with unparalleled access to premium sho
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Roof: Flat Interior Features: Ceiling Fan(s),Quartz Counters Property Appliances: Gas Range Fireplace: None Flooring: Laminate,Vinyl,Wood -
Cooling Features
Wall/Window Unit(s) Air ConditioningHeating Source
Wall Furnace Has HeatingFireplace
Fireplace Features: None Has Fireplace: 0
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Building Information
Year Built: 1953 Building Area Total: 9,990 Construction: Stucco Roof: Flat -
Foundation
RaisedSecurity Features
Carbon Monoxide Detector(s),Smoke Detector(s) -
Accessibility Features
NonePool Features
CommunityLaundry Features
Common AreaFencing
Wrought Iron
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.4823 -
Lot Size Source: Assessor Lot Size Square Feet: 21008
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Listing Price Information
Original List Price: 6,280,000 Listing Contract Date: 2026-03-12 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5313011004 Annual Tax: 74774
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Garage and Parking
Garage Description: Assigned,CarportHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: Electricity,Gas
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Other Property Info
Source Listing Status: Active Source Neighborhood: 658 - So. Pasadena Directions: Mission St becomes Pasadena Ave Source Property Type: Residential Income Area: 658 - So. Pasadena Property SubType: Apartment -
Building and Construction
Property Age: 73 Common Walls: 2+ Common Walls Property Condition: Repairs Cosmetic,Updated/Remodeled Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2041 Ashbourne Drive, South Pasadena, CA, 91030 | $5,999,999 | 4 | 4 | 3,283 | 3,283 SqFt |
| 507 Garfield Avenue, South Pasadena, CA, 91030 | $2,088,000 | 2 | 2 | 2,553 | 2,553 SqFt |
| 1714-1718 Grevelia Street, South Pasadena, CA, 91030 | $3,995,000 | -- | -- | 7,702 | 7,702 SqFt |
| 500 Mound Avenue, South Pasadena, CA, 91030 | $2,200,000 | -- | -- | 4,560 | 4,560 SqFt |
| 412 Oaklawn Avenue, South Pasadena, CA, 91030 | $4,950,000 | 7 | 2 | 5,199 | 5,199 SqFt |
| 203 Oaklawn Avenue, South Pasadena, CA, 91030 | $3,500,000 | 6 | 2 | 5,622 | 5,622 SqFt |
| 1919 Marengo Avenue, South Pasadena, CA, 91030 | $2,800,000 | 5 | 2 | 3,069 | 3,069 SqFt |
| 2034 Marengo, South Pasadena, CA, 91030 | $1,990,000 | 4 | 3 | 1,998 | 1,998 SqFt |
| 1112 Glendon, South Pasadena, CA, 91030 | $2,900,000 | 3 | 2 | 2,452 | 2,452 SqFt |
| 225 Grand Avenue, South Pasadena, CA, 91030 | $9,995,000 | 6 | 5 | 7,360 | 7,360 SqFt |
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ByOwner last updated this listing 06/10/2026 @ 20:21
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