435 N Euclid, Pasadena, California image 1
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435 N Euclid

Pasadena, CA 91101
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$13,500,000 $56,916/Mo
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Bed 6

Bed

Bath 6

Bath

SqFt23,384

Sqft(Lot)

37 Units TURNKEY Next to Old Pasadena | 6.00% Cap (Self-Managed) | Ideal 1031 Exchange with 100% Upgraded Interiors & Exteriors, and 7 New ADUs | Fully Sprinklered + Brand New Electrical Panels & Subpanels, and more. 435 N Euclid Ave, an exceptional 37-unit turnkey apartment community located just blocks from historic Old Pasadena. Offering an attractive going Cap Rate of 6.00% (under a self-managed scenario) alongside future rental upside, this asset is the premier acquisition for investors seeking immediate stability and zero deferred maintenance. The comprehensive 2022–2026 renovation introduced 7 brand-new ADUs to the site, bringing the property to an impressive ±25,536 square feet of building space on a large 23,268 square-foot R3-zoned lot. Surrounded by stellar demographics fea turing over $126,000 in average household income within a one-mile radius, this asset commands premium rents in one of Southern California's strongest submarkets, and offers easy access to all amenities City of Pasadena has to offer. Originally built in 1965, the two-story Mid-Century Modern building has been meticulously modernized while retaining its distinctive architectural charm and welcoming center courtyard. The highly desirable unit mix consists of nine (9) 2-bedroom/2-bathroom, two (2) 2-bedroom/1-bathroom, twenty-five (25) 1-bedroom/1-bathroom, and one (1) studio unit. Floor plans are exceptionally bright and spacious, featuring large windows and private balconies in most units. Every single interior has been gutted and upgraded to luxury standards, boasting new quartz kitchens with dishwashers, designer bathrooms, vinyl plank flooring, in-unit laundry, and individual mini-split HVAC systems in every room. Operationally, the building’s heavy lifting is completely finished. The property features fully sprinklered units, upgraded electrical panels and subpanels, and separate meters for electricity and gas. Access is tightly controlled via a secured entrance, electronic RFI unit locks, and a gated parking lot providing 38 total spaces. The building is serviced by master water heaters, has ADA ramp, and has a total of 38 parking spaces (11 are tandem on the side). Situated on a quiet, mature, tree-lined street, tenants are minutes from the Metro Gold Line and the world-class shopping and dining corridors of Colorado Boulevard and Lake Avenue. Near Pasadena’s historic City Hall, it sits just minutes from the California Institute of Technology, PCC, and FWYS.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $13,500,000

AD Id : 91745344

MLS Id : AR26218872

Beds : 6

Lot Size : 23,384 Sq. Ft

Tax Amount : $147,116

Year Built : 1965

County : Los Angeles

  • Map Map

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Feature Features

  • Interior Features

    Balcony, PartiallyFurnished, StoneCounters, RecessedLighting, Storage, Unfurnished, WiredForData
    Roof: Flat
    Appliances: GasRange, Dryer, Washer
    Laundry Features: ElectricDryerHookup, GasDryerHookup

  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WholeHouseFan

  • Building Information

    Year Built: 1965
    Building Area Total: 25356
    Construction Materials: Stucco
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: Mountains, Neighborhood

  • Lot Information

    Main Square Feet: 23384 Lot Size Acres: 0.5368 Lot Size Source: Assessor Lot Size Square Feet: 23,384 Lot Description: Lawn,Landscaped,Level,NearPublicTransit,RectangularLot,StreetLevel

  • Listing Price Information

    Listing Price: $13500000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 5725031017 Tax Lot: 25 Annual Tax: $147116

  • Utility Information

    CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected

  • Location Information

    Direction: 1 BLOCK WEST OF LOS ROBLES AVE. WaterSource: Public Security Features: ClosedCircuitCameras,CarbonMonoxideDetectors,FireDetectionSystem,FireSprinklerSystem,ResidentManager,SmokeDetectors
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295 S Hudson, Pasadena, CA, 91101 $4,880,000 3 2 -- 14,029 Sq. Ft
325 S Los Robles Avenue, Pasadena, CA, 91101 $1,390,000 3 4 2,846 6,432 Sq. Ft

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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 10/10/2026 @ 09:15

MLS: AR26218872 LISTED BY: Handoko Chen, Growth Investment Group Pasade 626-594-4900 SOURCE: CRMLS

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