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990 Valley View Avenue

Pasadena, CA 91107
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Bed 72

Bed

Bath 40

Bath

SqFt41,204

Sqft

SqFt32,589

Sqft(Lot)

A GENERATIONAL ASSET AVAILABLE FOR THE FIRST TIME IN OVER 50 YEARS!! We are pleased to present for sale an outstanding 40-unit multifamily property location at 990 Valley View in Pasadena offering scale, an outstanding unit mix, and real potential for significant, long-term rent growth. Located near Hastings Ranch, it borders the city of Sierra Madre and is one of the only apartment buildings in the surrounding area. The building features a highly desirable unit mix consisting of 32 two-bedroom/one-bath units and 8 one-bedroom/one-bath units, with the building records showing a size of over 41,200 total square feet. A handful of units having been fully remodeled, providing a proven blueprint for future interior renovations and the potential to capture real rent growth with turnover. T he location and size of this property only add to its appeal and rarity. Just a 5-minute drive to the extensive collection of shopping, dining, entertainment, and everyday conveniences at Hastings Village and Hastings Ranch Center. The destinations include Whole Foods Market, Trader Joe's, Sprouts Farmers Market, Dick's Sporting Goods, Lucky Strike, and a laundry list other retailers, restaurants, and services. The building has already benefited from important capital improvements, including updated windows, completed soft-story seismic retrofit, copper plumbing and a recent repainting helping reduce near-term capital requirements. The electrical system has been serviceable for building and has been insurable for current ownership. DO NOT DISTURB TENANTS OR MANAGER.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $11,995,000

AD Id : 91569178

MLS Id : 26994565

Beds : 72

Lot Size : 32,589 Sq. Ft

Living Area Size : 41,204 Sq. Ft

Year Built : 1961

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 72

    Bathroom Information

    Total Baths: 40
  • Interior Features

    Appliances: Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1961
    Building Area Total: 41204
    Private Pool: No

  • Lot Information

    Main Square Feet: 32589 Lot Size Acres: 0.7481 Lot Size Square Feet: 32,589

  • Listing Price Information

    Listing Price: $11995000

  • Tax Information

    Parcel Number: 5758017011

  • Location Information

    Direction: North on Michillinda Ave from 210, left on Valley View Ave.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3738 Blanche, Pasadena, CA, 91107 $2,136,800 6 4 -- 6,844 Sq. Ft
3733 Blanche Street, Pasadena, CA, 91107 $990,000 4 3 -- 6,803 Sq. Ft
144 Backus Avenue, Pasadena, CA, 91107 $1,175,000 4 2 1,692 10,133 Sq. Ft
2538 Woodlyn Road, Pasadena, CA, 91107 $1,050,000 3 2 -- 7,150 Sq. Ft
2178 Corson Street, Pasadena, CA, 91107 $1,390,000 5 3 -- 9,918 Sq. Ft
190 S Craig Avenue, Pasadena, CA, 91107 $1,480,000 5 3 1,734 8,836 Sq. Ft
1946 E Villa Street, Pasadena, CA, 91107 $1,249,000 4 2 1,890 6,265 Sq. Ft
44 N Berkeley Avenue, Pasadena, CA, 91107 $1,050,000 3 2 -- 5,655 Sq. Ft
79 N Berkeley Avenue, Pasadena, CA, 91107 $1,175,000 4 2 2,200 6,045 Sq. Ft
79 N Berkeley Avenue, Pasadena, CA, 91107 $1,175,000 4 2 -- 6,045 Sq. Ft

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 09/30/2026 @ 21:19

MLS: 26994565 LISTED BY: Alexander Metaxas, Realty Investment Advisors, Inc. SOURCE: CRMLS

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