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Sold for $6,175,000
  • Listed by: Meridian Capital Realty • Jae Buck • Contact: 626-676-6902
    Bought with: Compass
    $6,175,000

    275 N Garfield Ave, Pasadena, CA 91101

    3beds
    5baths
    --sqft
    Mixed Use
    Built in 1955
    -- sqft lot
    $6,208,100 Zestimate®
    $--/sqft
    $3,376 Estimated rent

    Home value

    $6,208,100

    $5.65M - $6.83M

    $3,376/mo

    Zestimate® history
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    $39,276/mo

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    What's special

    Charming courtyard-style propertyClassic southern california architecture
    Welcome to 275-285 N Garfield Avenue, a rare multi-parcel investment opportunity nestled in the heart of Pasadena'sprestigious Civic Center District. Spanning two adjacent buildings with a combined total of 35 units, this charming courtyard-style property blends classic Southern California architecture with long-term rental stability. Just steps from Pasadena City Hall, the USC, Pacific Asia Museum, and the Metro Gold Line, this property is a walker's paradise with a 91 Walk Score. Both buildings feature a mixof spacious 1 & 2 bedroom layouts, offering strong in-place cash flow with potential upside through renovation or rent optimization. With high historical occupancy, dedicated parking, andproximity to major employment hubs like Caltech, Kaiser Permanente, and Huntington Hospital, 275-285 N Garfieldrepresents a strategic acquisition in one of Pasadena's most supply-constrained rental markets. Ideal for investors seeking both current income and long-term value appreciation in a prime urban corridor.Multi Family Residential Building, Across 2 APN's2 Level Building20 units in 275 N Garfield Ave19 units 285 N Garfield Ave275 N Garfield Ave 10,331 Sq Ft Living Area285 N Garfield Ave 9,702 Sq Ft Living AreaTotal Living Area Size Across 2 Parcels 20,033 sq ft275 N Garfield Ave 12,266 Sq Ft Lot285 N Garfield Ave 12,748 Sq Ft LotTotal Lot Size Across 2 Parcels 25,014 sq ft26 Combined Surface ParkingBuilt in 1950 & 1955Ideally Situated Near Old Town Pasadena, The PasadenaCourthouse & Central Library, Paseo Colorado and ConvenientAccess to the Major Transportation Routes On Colorado Boulevard and So Much More

    Zillow last checked:

    Listing updated:

    Listed by:

    Jae Buck DRE #01880768 626-676-6902,

    Meridian Capital Realty,

    Matthew Helganz DRE #01435250 626-354-2813,

    Meridian Capital Realty

    Bought with:

    Max Berger, DRE #02054048

    Compass

    Source: CRMLS,MLS#: P1-24031MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 5
    Heating
    • Wall Furnace
    Cooling
    • Electric, Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls

    Property

    Parking
    • Total spaces: 26
    • Parking features: Assigned
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: North Garfield Avenue
    • Has private pool: Yes
    • Pool features: In Ground
    • Spa features: None
    • Fencing: Wrought Iron
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.57 Acres
    Details
    • Additional parcels included: 5723003034
    • Parcel number: 5723003034
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    Condition
    • Year built: 1955

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Street Lights
    • Subdivision: Not Applicable
    Location
    • Region: Pasadena

    Financial & listing details

    • Date on market: 9/9/2025
    • Cumulative days on market: 63 days
    • Listing terms: Cash,Cash to New Loan
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    12/30/2025Sold$6,175,000-10.5%
    Source: CRMLS #P1-24031 Report a problem
    11/24/2025Contingent$6,900,000
    Source: CRMLS #P1-24031 Report a problem
    10/13/2025Price change$6,900,000-12.7%
    Source: CRMLS #P1-24031 Report a problem
    9/9/2025Listed for sale$7,900,000
    Source: CRMLS #P1-24031 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: West Central

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $6,208,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $6,208,100