Skip main navigation
For sale
  • $2,120,000

     Pasadena, CA 91107

    6beds
    5baths
    3,029sqft
    : 
    $13,312/mo
    Get pre-qualified
    Multi Family
    Built in 1953
    -- sqft lot
    $-- Zestimate®
    $700/sqft
    $-- HOA

    What's special

    On-site garages
    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, one-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.
    19 hours
    93
    5

    Zillow last checked:

    Listing updated:

    Listed by:

    John Boyett DRE # 02056759 707-815-7472,

    CBRE

    Source: CLAW,MLS#: 26976913MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      Heating
      • Other
      Cooling
      • Other
      Interior area
      • Total structure area: 3,029
      • Total interior livable area: 3,029 sqft

      Property

      Parking
      • Parking features: Other
      Features
      • Levels: One
      Lot
      • Size: 0.32 Acres
      Details
      • Additional structures: Other
      • Parcel number: 5748004018
      • Zoning: PSR*
      • Special conditions: Standard
      • Other equipment: Other

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1953

      Community & HOA

      Location
      • Region: Pasadena

      Financial & listing details

      • Price per square foot: $700/sqft
      • Tax assessed value: $506,478
      • Date on market: 9/4/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/4/2026Listed for sale$2,120,000$700/sqft
        Source: CLAW #26976913 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: East Central

        Getting around

        93 / 100
        Walker's Paradise
        44 / 100
        Some Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts
            • Local buyer's agents are ready to help