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$2,758,000
AR26196810 MLS
Extremely Rare 7-unit on Master Net Lease Structure – MINIMUM Landlord Responsibility, Prime Location several blocks from CALTECH and PCC, HIGH 7.13% In-place CAP Rate, Major Systems Completely Upgraded, RM-48 Zone, Approved Plan for 1 ADU is included. 146-154 N Holliston Ave, an impeccably maintained 7-unit multifamily community located in the highly desirable central Pasadena market. Strategically situated just blocks from CALTECH and Pasadena City College, this property represents a premier passive income vehicle. The asset is securely master leased to The Gooden Center (a well-known healthcare operator – has been in the business for ±50-year in the area) under a Single Tenant Net Lease structure, shielding the owner from standard operational headaches. Because the tenant is responsible for insurance, all utilities and almost all maintenance (up to the first $3,000), landlord management responsibilities are kept to an absolute minimum. Coupled with an in-place CAP rate of 7.13%, this offering provides highly attractive positive leverage and outstanding yield for a Class-A location in the West San Gabriel Valley. The property is situated in a quiet residential area and offers a high Walk Score of 92 and Bike Score of 88. It is situated in a highly affluent area with an average household income of ±$141,687 within a 1-mile radius. It offers many amenities in the area including Lake Ave District and Old Town Pasadena and flurries of restaurants along Colorado Blvd. Built in 1922, the ±5,443 SF property rests on a spacious ±12,313 SF RM-48 zoned lot. It offers a highly desirable layout with 4 single story bungalows and a triplex in the back. It has walkway on its right side complete with community garden and covered seating and barbeque area. It offers excellent unit mix with one (1) x 2bed+1bath bungalow, three (3) x 1bed+1bath bungalows, two (2) x 2bed+1bath (back triplex), and one (1) x 1bed+1bath (back triplex). The sale comes with an approved plan for 1 ADU. The master tenant expertly utilizes the diverse layout—consisting of four single-story bungalows and a rear triplex—for offices, meeting spaces, and consultation rooms. The property has benefited from massive capital improvements, allowing a new investor to step into a stabilized, low-maintenance asset immediately. The front bungalow has central HVAC unit, and the other 3 bungalows have mini split HVAC. The back triplex has central HVAC.

146 N Holliston, Pasadena

Listing courtesy of Listing Agent: Handoko Chen (han.chen@growthinvestmentgroup.com) from Listing Office: Growth Investment Group Pasade.

$2,120,000
6 Beds 5 Baths 26976913 MLS
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.

2553 Nina St, Pasadena

Courtesy of CBRE, John Boyett - CA DRE#02056759

$2,120,000
6 Beds 5 Baths 26976913 MLS
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.

Pasadena

Listing courtesy of Listing Agent: John Boyett (John.Boyett@cbre.com) from Listing Office: CBRE.

$2,195,000
8 Beds 6 Baths 26942719 MLS
Excellent opportunity to acquire a well-maintained 6-unit multifamily property in a highly desirable Pasadena located in between S. Lake Ave, Caltech and PCC. The property offers an attractive unit mix consisting of two 2-bedroom/1-bath units, three 1-bedroom/1-bath units, and one oversized 1-bedroom/1-bath unit. The property has benefited from numerous significant capital improvements, including brand new roofs in 2026, copper plumbing, some updated windows, recently painted and many interior updates and remodels providing a new owner with a well-maintained asset where many major building components have already been addressed. The location is a standout feature. Situated less than a mile to prime South Lake Avenue corridor, Erewhon market and many dining and shopping options. Even closer are Caltech and Pasadena City College, two of Pasadena's most prominent educational institutions and major employment and housing-demand drivers. With only six units, a strong and desirable unit mix, substantial building improvements, and an excellent Pasadena location, this property represents a compelling opportunity for an investor seeking a very predictable multifamily asset with strong long-term rental demand and appreciation potential in one of Southern California's most desirable rental markets. PLEASE DO NOT DISTURB ANY TENANTS OR WALK AROUND THE PROPERTY

1124 Cordova St, Pasadena

Courtesy of Realty Investment Advisors, Inc., Alexander Metaxas - CA DRE#01784652

$2,195,000
8 Beds 6 Baths 26942719 MLS
Excellent opportunity to acquire a well-maintained 6-unit multifamily property in a highly desirable Pasadena located in between S. Lake Ave, Caltech and PCC. The property offers an attractive unit mix consisting of two 2-bedroom/1-bath units, three 1-bedroom/1-bath units, and one oversized 1-bedroom/1-bath unit. The property has benefited from numerous significant capital improvements, including brand new roofs in 2026, copper plumbing, some updated windows, recently painted and many interior updates and remodels providing a new owner with a well-maintained asset where many major building components have already been addressed. The location is a standout feature. Situated less than a mile to prime South Lake Avenue corridor, Erewhon market and many dining and shopping options. Even closer are Caltech and Pasadena City College, two of Pasadena's most prominent educational institutions and major employment and housing-demand drivers. With only six units, a strong and desirable unit mix, substantial building improvements, and an excellent Pasadena location, this property represents a compelling opportunity for an investor seeking a very predictable multifamily asset with strong long-term rental demand and appreciation potential in one of Southern California's most desirable rental markets. PLEASE DO NOT DISTURB ANY TENANTS OR WALK AROUND THE PROPERTY

1124 Cordova Street, Pasadena

Listing courtesy of Listing Agent: Alexander Metaxas (ametaxas@riacre.com) from Listing Office: Realty Investment Advisors, Inc..

$1,250,000
AR26185682 MLS
Prime Pasadena location near Madison Heights, Metro Gold Line and Old Town Pasadena. Offering an excellent opportunity to own a four-unit multifamily property in a highly desirable area. The property consists of four studio apartment with 1 bathroom each, providing a total of four units, along with four detached carport parking spaces. Each unit offers a straightforward layout with strong potential for updating and repositioning. The property is located on a prime Pasadena street, close to shopping, restaurants, transportation, and many of the amenities that make Pasadena such a sought-after market. While the property is in need of updating, this is an opportunity to invest in the location and underlying potential of the property. The property is zoned RM-32-HL-1, offering potential for additional development, including the possibility of adding another unit or pursuing a new construction project, subject to city approval and applicable zoning requirements. With four existing units, dedicated carport parking, a desirable Pasadena location, and potential for future development, this property presents an attractive opportunity for an investor, owner-user, or developer looking to add value in one of the San Gabriel Valley's most established markets. Buyer to verify zoning, development potential, permits, square footage, and all property information with the City of Pasadena and appropriate professionals.

264 E Glenarm, Pasadena

Listing courtesy of Listing Agent: Pamela DelRey (Pameladelrey@yahoo.com) from Listing Office: Art Del Rey Realty, Inc..

$1,775,000
SR26185267 MLS
Exceptional Pasadena Investment Opportunity Ideally situated in the heart of Pasadena, this distinctive mixed-use property presents a rare opportunity to acquire a well-positioned investment in one of the West San Gabriel Valley’s most desirable and established submarkets. With low tenant turnover, multiple income-producing components, and a highly convenient location, this versatile property offers both immediate appeal and long-term investment potential. The property features a street-front commercial unit, currently operating as a hair salon and complete with its own laundry facility. The residential component includes a three-bedroom, two-bath home, along with a duplex featuring two one-bedroom, one-bath units, creating a diverse mix of residential and commercial uses. A beautifully landscaped central courtyard enhances the property’s character and provides an inviting setting for residents. The expansive lot extends from its frontage on Allen Avenue all the way to the rear alley, offering convenient access to the garage and three additional driveway parking spaces. A coin-operated laundry room provides an additional amenity for the residential units. With its combination of commercial and residential income opportunities, excellent accessibility, attractive grounds, and prime Pasadena location, this is a compelling opportunity to add a truly distinctive asset to an investment portfolio.

2056 E Villa, Pasadena

Listing courtesy of Listing Agent: Nathalie Marles (nmarles8@gmail.com) from Listing Office: Berkshire Hathaway HomeServices Crest Real Estate.

$1,175,000
SR26184320 MLS
Rare opportunity to own a Pasadena Duplex offering exceptional flexibility for an owner-user, investor, or multi-generational household. Both units to be delivered vacant at close of escrow, providing the new owner with the opportunity to establish their own rental terms, occupy one unit while renting the other, or utilize both residences to suit their individual needs. The property features two separate 2-bedroom, 1-bathroom units, each approximately 1,100 square feet, with spacious and functional floor plans and plenty of potential to customize and make your own. Important improvements have already been completed throughout the property. Both units feature new furnaces, new central air conditioning systems, and new water heaters. Unit 81 also features a new shower and updated electrical wiring, adding significant value while preserving the character of this classic Spanish style 1926 Pasadena property. Whether you're looking for an owner-user opportunity with the potential to offset housing expenses, a multi-generational living arrangement, or an addition to your investment portfolio, this duplex offers tremendous versatility. Conveniently located near Pasadena City College providing easy rental opportunity, Pasadena's shopping, dining, entertainment, schools, transportation, and major commuter routes. A unique opportunity to own two residences on one property, with both units to be delivered vacant at close of escrow and several major system upgrades already completed.

79 N Berkeley Avenue, Pasadena

Listing courtesy of Listing Agent: Kimberle Tillage (kimberlemarie@gmail.com) from Listing Office: eXp Realty of Greater Los Angeles, Inc..

$1,279,000
3 Beds 2 Baths 26874221 MLS
Welcome to this charming 1920s Spanish-style detached duplex, ideally situated on an expansive gated lot perched above the street in Pasadena's desirable Northwest neighborhood. Blending timeless architectural character with thoughtful modern updates, this unique property offers exceptional versatility, privacy, and abundant parking just minutes from the Rose Bowl, Brookside Park, the scenic walking loop, access to hiking trails, La Pintoresca Park/Library and the shops and restaurants along Lincoln Boulevard. A gated driveway provides generous off-street parking, complemented by a detached one-car garage equipped with an EV charger. The elevated lot offers a wonderful sense of privacy and separation from the street, while the property's Spanish-era character is enhanced by original wood floors, large windows, and an abundance of natural light. The front unit features two bedrooms plus a convenient office nook, one bathroom, original wood flooring, large windows, and mini-split A/C units for efficient year-round comfort. The rear unit offers one bedroom and one bathroom, along with a generously sized kitchen, in-unit washer and dryer, and its own mini-split A/C unit. Whether you're looking for an owner-user opportunity, multigenerational living, supplemental rental income, or a flexible investment property, this beautifully maintained and nicely remodeled duplex presents a rare opportunity in one of Pasadena's most sought-after neighborhoods. Enjoy the best of Pasadena living with easy access to parks, recreation, dining, shopping, and the Rose Bowl, all while coming home to a private, gated retreat.

55 W Washington Blvd, Pasadena

Courtesy of Equity Union, Greg Erpenbach - CA DRE#01881508

$1,279,000
3 Beds 2 Baths 26874221 MLS
Welcome to this charming 1920s Spanish-style detached duplex, ideally situated on an expansive gated lot perched above the street in Pasadena's desirable Northwest neighborhood. Blending timeless architectural character with thoughtful modern updates, this unique property offers exceptional versatility, privacy, and abundant parking just minutes from the Rose Bowl, Brookside Park, the scenic walking loop, access to hiking trails, La Pintoresca Park/Library and the shops and restaurants along Lincoln Boulevard. A gated driveway provides generous off-street parking, complemented by a detached one-car garage equipped with an EV charger. The elevated lot offers a wonderful sense of privacy and separation from the street, while the property's Spanish-era character is enhanced by original wood floors, large windows, and an abundance of natural light. The front unit features two bedrooms plus a convenient office nook, one bathroom, original wood flooring, large windows, and mini-split A/C units for efficient year-round comfort. The rear unit offers one bedroom and one bathroom, along with a generously sized kitchen, in-unit washer and dryer, and its own mini-split A/C unit. Whether you're looking for an owner-user opportunity, multigenerational living, supplemental rental income, or a flexible investment property, this beautifully maintained and nicely remodeled duplex presents a rare opportunity in one of Pasadena's most sought-after neighborhoods. Enjoy the best of Pasadena living with easy access to parks, recreation, dining, shopping, and the Rose Bowl, all while coming home to a private, gated retreat.

55 W Washington Boulevard, Pasadena

Listing courtesy of Listing Agent: Greg Erpenbach (gerpenbach@gmail.com) from Listing Office: Equity Union.

$3,400,000
DW26174725 MLS
Brand-new 3 unit detached townhomes in Pasadena! 438-440 N Oak Avenue offers approximately 1286 SF, 1,775 SF and 1901 SF respectively of modern living space with 3 bedrooms, 3 bathrooms, an attached 2-car garage, solar features and contemporary construction. Located in a boutique 3-unit condominium community with landscaped grounds and a common driveway. The detached front-unit design provides added privacy and appeal compared with typical attached townhomes. Conveniently located near the 210 Freeway and established Pasadena amenities! Project needs approximately $200k to complete. This is a mid construction offering. The images, renderings, illustrations, and other visual materials presented are artist’s renderings and conceptual representations only. They are provided solely for illustrative and marketing purposes and do not depict the actual completed project. Actual design, construction, materials, colors, landscaping, architectural features, finishes, dimensions, and other project details may vary and are subject to change without notice. No representation or warranty is made that the completed project will conform exactly to the images or renderings shown. Prospective buyers, tenants, and other interested parties should independently verify all project details and rely only on final approved plans, specifications, and applicable project documentation.

440 N Oak, Pasadena

Listing courtesy of Listing Agent: Ricky Hernandez (rick@rahrealestate.com) from Listing Office: Greenpoint Real Estate Services.

$1,100,000
SR26172976 MLS
Renovated duplex in Pasadena featuring two separate units. Unit 2538 in the front is a 2 bed + 1 bath offering 1,013 sq. ft. of living space with a covered front porch spanning the full length of the home. The front door leads to an open-concept living and dining area featuring wood-look laminate flooring and recessed lighting. The kitchen has been refreshed with brand new quartz countertops, plenty of storage and counter space, plus a stackable washer and dryer conveniently located inside the unit. Double doors lead into the larger bedroom. Unit 2536 in the rear is a 1 bed + 1 bath with an additional storage room and 897 sq. ft. of living space. The front door leads to a combination living and dining area featuring brand new luxury vinyl plank flooring that flows throughout the home and a fireplace. The kitchen has been upgraded with brand new cabinets, quartz countertops and brand new stainless steel appliances. The bedroom features built-in closets. The bathroom has been refreshed with a brand new quartz countertop vanity. The additional storage room offers flexible space with the option to use as a laundry room. While both units already have individual interior laundry options, the detached two-car garage can be used for laundry as well. The driveway provides additional off-street parking, while separate outdoor spaces give each unit room for entertaining and relaxing. Duplex in the heart of Pasadena is nearby the Rose Bowl, Old Pasadena, Pasadena City Hall, The Huntington Library, Pasadena Playhouse, plenty of dining, shopping, entertainment and much more! Trust Sale.

2538 Woodlyn Road, Pasadena

Listing courtesy of Listing Agent: Oren Kozikaro (oren@trustpropertiesusa.com) from Listing Office: Trust Properties USA,Inc.

$1,399,000
IG26164798 MLS
This Uncommon Property, tucked between two tree-lined streets in one of Pasadena's most storied neighborhoods, a 1923 duplex, offers a rare blend of vintage character, flexibility, and upside. Each unit offers 2 bedrooms and 1 bathroom, in-unit laundry, and central air — one unit up, and one down, giving each residence its own sense of privacy and separation. A driveway and a two-car carport provides convenient off-street parking for both units. What truly makes this property uncommon are its bonus spaces: a professional music studio and a dedicated movement studio. Buyer, be sure to verify permitted uses and any rental potential with the City of Pasadena; — whether rented out to musicians, instructors, or creatives, or used to generate revenue alongside the residential units themselves. Combined with the two rental units, this property offers flexible live/work possibilities; buyer to verify permitted uses. This property presents multiple income opportunities under one roof, making it a compelling option for gifted owner-users looking to offset their mortgage. Outside, thoughtfully placed trees and shrubs frame the grounds, creating inviting areas for both entertaining and quiet relaxation. A newer roof, replaced within the last 5 years, per seller, adds peace of mind for years to come, helping to preserve the integrity of this 1923 gem. Great nearby access to a library, the Rose Bowl, Old Town, Huntington Hospital and the park across the street. Whether you're drawn to its historic charm, its income potential, or its rare live/work flexibility, this Pasadena duplex is a special find in the Fair Oaks/Orange Grove neighborhood, where properties like this rarely come available.

1394 N Raymond Unit 2, Pasadena

Listing courtesy of Listing Agent: Boyd Williams (boydwilliamshomes@gmail.com) from Listing Office: Berkshire Hathaway Homeservices California Realty.

$2,136,800
TR26165622 MLS
Rare opportunity to own two like-new permitted residences offering approximately 2,668 SF of total living space on a 6,844 SF lot in Pasadena! Welcome to 3736 & 3738 Blanche Street, an exceptional property featuring a brand-new ground-up 2026-built permitted ADU and a studs-out rebuilt, expanded, and fully renovated front residence. Whether you're seeking a multi-generational family compound, the opportunity to live in one and rent the other, or a turnkey investment, this property offers exceptional flexibility and long-term value. The front residence (3738) was originally approximately 1,068 SF and has been expanded with permits to approximately 1,468 SF. It underwent an extensive studs-out reconstruction featuring a new roof, central HVAC, plumbing, electrical, windows, insulation, drywall, designer kitchen, remodeled bathrooms, premium flooring, lighting, doors, and modern finishes throughout. The rear residence (3736) is a brand-new approximately 1,200 SF permitted ADU, completed in 2026, featuring an open-concept floor plan, designer kitchen, central HVAC, owned solar panels, and a residential fire sprinkler system. Additional highlights include individually metered electric, gas, and water services for each residence, new vinyl fencing, low-maintenance landscaping, and the original swimming pool professionally removed with permits to create additional usable outdoor space. Thoughtfully rebuilt and improved with permits, this property offers the rare opportunity to enjoy two like-new residences with modern building systems and low-maintenance improvements. Each residence is individually metered for electricity, gas, and water, providing maximum flexibility for independent living, tenant billing, and long-term investment management. Ideal for extended families, rental income, guest accommodations, or multigenerational living, this versatile property is truly move-in ready with virtually every major component newly constructed or extensively upgraded. Ideally located near Old Town Pasadena, Caltech, Pasadena City College, The Huntington Library, shopping, dining, parks, Metro stations, and major freeways, offering outstanding convenience and lifestyle. Properties offering two like-new permitted residences with individually metered utilities rarely become available in Pasadena. Don't miss this exceptional opportunity!

3738 Blanche, Pasadena

Listing courtesy of Listing Agent: Kevin Lee (kevinlee@kmpmgroup.com) from Listing Office: Coldwell Banker Envision.

$4,290,000
WS26158276 MLS
Rare 12 Unit multi-family asset near the prestigious Pasadena 's Madison Heights neighborhood . the lucrative R-3 multi -family zoning property offers significant density / expansion potential . Featuring classic architectural charter with clear CapEx upside. this offering is an exceptional opportunity to with immediate rental upside , significant long term development , allow for the addition of high -yield income elements such ADUs making it perfect for maximizing site density . Property situated in or near the highly coveted Prime location , known for its leafy walkable streets , historic architecture , and proximity to major employment hubs like Whole food , Huntington hospital, Jet Propulsion Lab. Old town and Metro gold line. , steps from Art-center and Caltech . Value add & Capex upside. The property likely features "vintage or original 1920s -1950s charm that .Rare 12 Unit multi-family asset near the prestigious Pasadena 's Madison Heights neighborhood . the lucrative R-3 multi -family zoning property offers significant density and expansion potential . Featuring classic architectural charter with clear CapEx upside. this offering is an exceptional opportunity to with immediate rental upside, significant long term development , allow for the addition of high -yield income elements such ADUs making it perfect for maximizing site density . Property situated in or near the highly coveted Prime location , known for its leafy walkable streets , historic architecture , and proximity to major employment hubs like Whole food , Huntington hospital, Jet Propulsion Lab. Old town and Metro gold line. , steps from Art-center and Caltech . Value add & Capex upside. The property likely features "vintage or original 1920s -1950s charm that is ripe for Capex modernization ( complete tear-off / installation of a new roofing system. Full exterior repainting . Replacing of all the aging water heaters. A interior renovation across 7 units .This charming 3 -building complex features A 1924 timeless charm structure (1924sqt 2BD/1BA and 1BD/1BA) accompanied by two additional buildings / built in 1955 (8407 sqt 3 x 2BD/1BA and 7x 1BD/1BA). This staggered construction creates a property / unique character / diverse unit layouts. Ground -floor layouts expand the living space outdoors with expansive , fully enclosed private yards to give residents dedicated open air extensions of their homes. 3 units (upstairs) shared open -air common breezeway .

415 S El Molino, Pasadena

Listing courtesy of Listing Agent: X F SHIRLEY H. LAM (shirleylam138@gmail.com) from Listing Office: IRN REALTY.

$1,390,000
AR26152965 MLS
One unit will be delivered vacant. Exceptional opportunity to own a beautifully renovated triplex in a convenient Pasadena location. Extensively updated with permitted additions and improvements completed in 2011, this well-maintained income property features upgraded electrical and plumbing systems, new kitchens with granite countertops and custom cabinetry, remodeled bathrooms, new flooring, dual-pane windows, new roofing, and numerous additional improvements. The front unit offers approximately 1,053 square feet of living space with 3 bedrooms and 1 bathroom (LA county profile shows 2 bedrooms, a spacious living room, and a generously sized kitchen. The beautifully landscaped front yard features lush lawn, mature shrubs, and colorful flowers, while a private yard and detached two-car garage provide added convenience and privacy. The two rear units are identical in layout, each offering approximately 526.5 square feet with 1 bedroom and 1 bathroom, a private yard, a detached one-car garage, and an in-unit laundry area for everyday convenience. The property also features a newer driveway with ample additional parking, making it ideal for both owner-occupants and investors. Conveniently located near Downtown Pasadena, shopping, restaurants, and public transportation, this turnkey triplex presents an outstanding opportunity for rental income or multi-generational living.

2178 Corson Street, Pasadena

Listing courtesy of Listing Agent: Sharon Liu (sharonliu.remax@gmail.com) from Listing Office: Re/Max Premier Properties.

$1,799,999
8 Beds 5 Baths 226003501 MLS
In a market where yield matters, 637 N Raymond Ave delivers a clean, well-positioned triplex with strong in-place income and a cap rate projected above 4%. This corner-unit property is thoughtfully configured so each residence lives more like a standalone home than a multifamily unit.Distinct architectural identities create natural appeal and long-term retention:637 N Raymond Ave (3BR/2BA) - Currently leased at $3,450/month. A classic Arts & Crafts residence with updated kitchen finishes, recessed lighting, and basement storage. Direct access to the shared courtyard enhances livability.635 N Raymond Ave (2BR/1BA) - Currently leased at $2,600/month. Recently refreshed with a bright, open layout, galley kitchen, and subtle Santa Barbara influences--arched details and light, airy interiors.639 N Raymond Ave (3BR/2BA) - Currently leased at $3,600/month. An upper-level unit with a private balcony, wrought-iron stair details, and elevated neighborhood views. Thoughtfully updated and highly rentable in its current condition, with beautifully refinished hardwood flooring that enhances its charm and appeal.Shared Features: Tenants enjoy a central courtyard designed for everyday use, a detached laundry structure equipped with newer washers and dryers, and ample on-site parking via dual driveways--an increasingly valuable amenity in this part of the city. Separate gas and electrical meters also help streamline operations.Beyond its strong income profile, the property has benefited from substantial capital improvements over the past eight years. Ownership has invested heavily in the long-term condition and desirability of the asset, including the installation of central air conditioning in all three units, comprehensive kitchen and bathroom renovations throughout, interior and exterior repainting, upgraded recessed lighting, driveway improvements, roof flashing updates, and extensive landscaping enhancements. Recent exterior upgrades include a mature privet hedge along the Peoria frontage and an attractive planter feature at the Raymond Avenue corner, creating strong curb appeal from multiple vantage points. In 2026, the property's ductwork was professionally cleaned throughout, further supporting tenant comfort and system efficiency.This is a low-friction asset: stable tenants, desirable unit layouts, and a presentation that consistently attracts quality renters. The 'feels like a single home' layout across all three units reduces turnover risk and supports premium rents over time. With Pasadena's steady rental demand and limited multifamily inventory, this property sits in a strong position for both immediate returns and long-term hold strategy.Opportunities like this don't circulate often--especially with this level of character, configuration, recent investment, and income already in place. Don't miss your chance.

637 Raymond Avenue, Pasadena

Listing courtesy of Listing Agent: David Samuels (DavidMiltonSamuels@gmail.com) from Listing Office: Keller Williams Westlake Village.

$1,799,999
8 Beds 5 Baths 226003500 MLS
In a market where yield matters, 637 N Raymond Ave delivers a clean, well-positioned triplex with strong in-place income and a cap rate projected above 4%. This corner-unit property is thoughtfully configured so each residence lives more like a standalone home than a multifamily unit.Distinct architectural identities create natural appeal and long-term retention:637 N Raymond Ave (3BR/2BA) - Currently leased at $3,450/month. A classic Arts & Crafts residence with updated kitchen finishes, recessed lighting, and basement storage. Direct access to the shared courtyard enhances livability.635 N Raymond Ave (2BR/1BA) - Currently leased at $2,600/month. Recently refreshed with a bright, open layout, galley kitchen, and subtle Santa Barbara influences--arched details and light, airy interiors.639 N Raymond Ave (3BR/2BA) - Currently leased at $3,600/month. An upper-level unit with a private balcony, wrought-iron stair details, and elevated neighborhood views. Thoughtfully updated and highly rentable in its current condition, with beautifully refinished hardwood flooring that enhances its charm and appeal.Shared Features: Tenants enjoy a central courtyard designed for everyday use, a detached laundry structure equipped with newer washers and dryers, and ample on-site parking via dual driveways--an increasingly valuable amenity in this part of the city. Separate gas and electrical meters also help streamline operations.Beyond its strong income profile, the property has benefited from substantial capital improvements over the past eight years. Ownership has invested heavily in the long-term condition and desirability of the asset, including the installation of central air conditioning in all three units, comprehensive kitchen and bathroom renovations throughout, interior and exterior repainting, upgraded recessed lighting, driveway improvements, roof flashing updates, and extensive landscaping enhancements. Recent exterior upgrades include a mature privet hedge along the Peoria frontage and an attractive planter feature at the Raymond Avenue corner, creating strong curb appeal from multiple vantage points. In 2026, the property's ductwork was professionally cleaned throughout, further supporting tenant comfort and system efficiency.This is a low-friction asset: stable tenants, desirable unit layouts, and a presentation that consistently attracts quality renters. The 'feels like a single home' layout across all three units reduces turnover risk and supports premium rents over time. With Pasadena's steady rental demand and limited multifamily inventory, this property sits in a strong position for both immediate returns and long-term hold strategy.Opportunities like this don't circulate often--especially with this level of character, configuration, recent investment, and income already in place. Don't miss your chance.

637 N Raymond Avenue, Pasadena

Listing courtesy of Listing Agent: David Samuels (DavidMiltonSamuels@gmail.com) from Listing Office: Keller Williams Westlake Village.

$1,490,000
8 Beds 6 Baths 26860377 MLS
he offering consists of two parcels: APN 5729-016-011, improved with a duplex, and APN 5729-016-009, improved with a quadruplex. Built in 1947, the property totals approximately 3,834 rentable square feet on a large 15,124-square-foot PSR1-zoned corner lot. The unit mix includes four one-bedroom/one-bath units and two two-bedroom/one-bath units. Each unit features in-unit laundry and wall-unit air conditioning. The property also offers driveway access and six garage parking spaces.Current rents are below market, providing a new owner with the opportunity to renovate units, improve operations, and increase rental income as units turn. The oversized lot may also offer potential for future ADU development, creating an additional opportunity to enhance income and long-term value. Buyer to independently verify all development and ADU feasibility.Ideally located just north of Mountain Street and east of the 210 Freeway, the property provides convenient access to Old Pasadena, Downtown Pasadena, the Rose Bowl, Pasadena City College, Caltech, major employment centers, and the area's premier shopping, dining, and entertainment amenities. With strong tenant demand, limited multifamily inventory, and long-term appreciation potential, 917933 N Marengo Avenue represents a compelling investment opportunity in one of Pasadena's most established residential neighborhoods.

925 N Marengo Ave, Pasadena

Courtesy of Kidder Mathews of California, Inc., Angelica Gotzev - CA DRE#02053007

$1,490,000
8 Beds 6 Baths 26860377 MLS
he offering consists of two parcels: APN 5729-016-011, improved with a duplex, and APN 5729-016-009, improved with a quadruplex. Built in 1947, the property totals approximately 3,834 rentable square feet on a large 15,124-square-foot PSR1-zoned corner lot. The unit mix includes four one-bedroom/one-bath units and two two-bedroom/one-bath units. Each unit features in-unit laundry and wall-unit air conditioning. The property also offers driveway access and six garage parking spaces.Current rents are below market, providing a new owner with the opportunity to renovate units, improve operations, and increase rental income as units turn. The oversized lot may also offer potential for future ADU development, creating an additional opportunity to enhance income and long-term value. Buyer to independently verify all development and ADU feasibility.Ideally located just north of Mountain Street and east of the 210 Freeway, the property provides convenient access to Old Pasadena, Downtown Pasadena, the Rose Bowl, Pasadena City College, Caltech, major employment centers, and the area's premier shopping, dining, and entertainment amenities. With strong tenant demand, limited multifamily inventory, and long-term appreciation potential, 917933 N Marengo Avenue represents a compelling investment opportunity in one of Pasadena's most established residential neighborhoods.

925 N Marengo Avenue, Pasadena

Listing courtesy of Listing Agent: Angelica Gotzev (angelica.gotzev@kidder.com) from Listing Office: Kidder Mathews of California, Inc..

$4,480,000
10 Beds 16 Baths 26857859 MLS
We are pleased to present 200 South Madison Avenue, a rare opportunity to acquire a pride-of-ownership 16-unit multifamily asset in the highly coveted Madison Heights neighborhood of Pasadena. The property combines an irreplaceable location, strong in-place cash flow, and meaningful rental upside, making it an exceptional long-term investment opportunity. The property consists of sixteen well-designed units, including one two-bedroom/one-bathroom unit, eight one-bedroom/one-bathroom units, and seven studio units, providing a diverse unit mix that appeals to a broad tenant base. Current ownership has completed numerous capital improvements, including the mandatory soft-story seismic retrofit, copper plumbing upgrades, newer roofing, fresh exterior paint, and interior unit renovations. The property is separately metered for gas and electricity and offers fifteen on-site parking spaces. Situated on a prominent 12,774-square-foot corner lot, 200 South Madison Avenue enjoys one of the most desirable residential locations in Pasadena. Residents benefit from immediate access to South Lake Avenue's premier dining and shopping destinations, Erewhon Market, the Pasadena Playhouse District, and Old Town Pasadena. The property's tree-lined setting, walkable neighborhood amenities, and proximity to major employment centers continue to drive strong tenant demand. Additional amenities include professionally landscaped grounds and a well-maintained on-site laundry facility, providing residents with added convenience while generating supplemental income for ownership. Currently operating at approximately a 12.75 GRM, the property offers investors the opportunity to capture significant future rent growth through the repositioning of below-market leases while benefiting from Pasadena's historically strong rental market fundamentals. Opportunities to acquire quality assets on Madison Avenue are exceedingly rare, particularly in a neighborhood where properties are often held for generations. 200 South Madison Avenue represents a unique opportunity to acquire a turnkey multifamily investment in one of Southern California's most prestigious and supply-constrained submarkets.

200 S Madison Ave, Pasadena

Courtesy of Realty Investment Advisors, Inc., Benjamin J. Hsiang - CA DRE#01438644

$4,480,000
10 Beds 16 Baths 26857859 MLS
We are pleased to present 200 South Madison Avenue, a rare opportunity to acquire a pride-of-ownership 16-unit multifamily asset in the highly coveted Madison Heights neighborhood of Pasadena. The property combines an irreplaceable location, strong in-place cash flow, and meaningful rental upside, making it an exceptional long-term investment opportunity. The property consists of sixteen well-designed units, including one two-bedroom/one-bathroom unit, eight one-bedroom/one-bathroom units, and seven studio units, providing a diverse unit mix that appeals to a broad tenant base. Current ownership has completed numerous capital improvements, including the mandatory soft-story seismic retrofit, copper plumbing upgrades, newer roofing, fresh exterior paint, and interior unit renovations. The property is separately metered for gas and electricity and offers fifteen on-site parking spaces. Situated on a prominent 12,774-square-foot corner lot, 200 South Madison Avenue enjoys one of the most desirable residential locations in Pasadena. Residents benefit from immediate access to South Lake Avenue's premier dining and shopping destinations, Erewhon Market, the Pasadena Playhouse District, and Old Town Pasadena. The property's tree-lined setting, walkable neighborhood amenities, and proximity to major employment centers continue to drive strong tenant demand. Additional amenities include professionally landscaped grounds and a well-maintained on-site laundry facility, providing residents with added convenience while generating supplemental income for ownership. Currently operating at approximately a 12.75 GRM, the property offers investors the opportunity to capture significant future rent growth through the repositioning of below-market leases while benefiting from Pasadena's historically strong rental market fundamentals. Opportunities to acquire quality assets on Madison Avenue are exceedingly rare, particularly in a neighborhood where properties are often held for generations. 200 South Madison Avenue represents a unique opportunity to acquire a turnkey multifamily investment in one of Southern California's most prestigious and supply-constrained submarkets.

200 S Madison Avenue, Pasadena

Listing courtesy of Listing Agent: Benjamin J. Hsiang (bhsiang@riacre.com) from Listing Office: Realty Investment Advisors, Inc..

$2,800,000
7 Beds 4 Baths P1-27780 MLS
A Modern Pasadena Compound Designed for the Way People Live Today.Exceptional new construction and redevelopment opportunity in the heart of Pasadena. Ideal owner-users, multigenerational living, or those seeking a unique income-producing property with long-term value and low-maintenance ownership.Originally a single-family residence, this property was thoughtfully transformed into four separate residences, creating a rare residential compound that blends modern living with strong rental appeal. The property consists of a beautifully renovated front residence, an attached 1-bedroom, 1-bath unit, and two newly constructed rear 2-bedroom, 1-bath residences, offering a total of four income-producing units and 3 car garage and plenty of individually private outdoor spaces.Built and redesigned with quality craftsmanship and thoughtful attention to detail, each residence features bright open-concept living spaces including new appliances (range, refrigerators, washer/ dryer) and stylish finishes throughout. The property benefits from four separate utility meters, a detached garage, and independent living spaces that provide privacy and flexibility for a variety of ownership scenarios. Whether occupying one residence while generating rental income from the others, accommodating extended family, or holding as an investment property, the possibilities are exceptional.Located on a picturesque tree-lined street in one of Pasadena's most desirable neighborhoods, the property offers excellent curb appeal and convenient access to Old Town Pasadena, South Lake Avenue, Caltech, Pasadena City College, parks, shopping, dining, entertainment, and major transportation corridors.With four rentable units delivered all vacant, separate utilities, and low-maintenance improvements this is an outstanding opportunity for investors and owner-users alike.

1537 E Topeka Street, Pasadena

Listing courtesy of Listing Agent: Annie Deng (anniedeng@compass.com) from Listing Office: COMPASS.

$6,780,000
AR26139329 MLS
TROPHY Class-A Location - 20-unit Steps from South Lake Ave, Erewhon, Caltech, and Old Town Pasadena | Attractive Returns with Major CapEx Completed | Bungalow Style Units + Expansive R3-Zoned Lot. HACIENDA GARDEN, a 20-unit apartment (2 x 10-unit) investment opportunity located in the highly desirable Playhouse District area of Pasadena, an eclectic cosmopolitan community rich in history and architecture. The property is right in the heart of Pasadena with short walking distance to multiple popular districts such as South Lake Ave Business District, Erewhon, CALTECH, and Old Town Pasadena. This offer provides investors with an opportunity to acquire a well-maintained asset in a trophy location with attractive return. It has a Walk Score of 81 out of 100. HACIENDA GARDEN is a 20-unit garden-style apartment community that consists of two properties: 529 S El Molino (10 units) and 541 S El Molino (10 units). It has a total building size of ±14,815 sqft and is situated on a large 30,367 sqft R3-zoned lot with excellent curb appeal and neatly manicured landscaping. It is exceptionally well-maintained in a Class-A neighborhood of Pasadena. 529 S El Molino is a bungalow style 10-unit with a total building size of 8,263 SF and situated on a 20,252 SF lot. It offers a gorgeous bungalow-style layout with center courtyard complete with attractive curb appeal. It has 10 units that are spread out over 5 buildings. Four of them are single story bungalows, and the fifth building is a two-story building. It has two (2) x 2-bedroom+1-bathroom, six (6) x 1-bedroom+1-bathroom, and two (2) x Studio units. Many units have been partially updated with refinished original hardwood floor, high 10ft ceiling, crown molding, upgraded bathroom, designer lighting fixtures, windows A/C, and tiled kitchen. The 4 back units are large with estimated size of ±1038 sqft per unit. The 541-S was built in 1950, has a total building size of 6,552 SF and is situated on a 10,115 SF lot. It is a two-story garden style apartment with brick pavers walkway. It offers ten (10) x 1-bedroom+1-bathroom units. The building has brand new staircases (rebuilt with permit) and several units have been updated with 2 units have full copper plumbing. The property does NOT have any tuck-under parking and does NOT require any soft story retrofit. It is individually metered for electricity and gas, and has a shared laundry room.

529 541 S EL MOLINO Street, Pasadena

Listing courtesy of Listing Agent: Handoko Chen (han.chen@growthinvestmentgroup.com) from Listing Office: Growth Investment Group Pasade.

$2,800,000
P1-27733 MLS
A Modern Pasadena Compound Designed for the Way People Live Today.Exceptional new construction and redevelopment opportunity in the heart of Pasadena. Ideal owner-users, multigenerational living, or those seeking a unique income-producing property with long-term value and low-maintenance ownership.Originally a single-family residence, this property was thoughtfully transformed into four separate residences, creating a rare residential compound that blends modern living with strong rental appeal. The property consists of a beautifully renovated front residence, an attached 1-bedroom, 1-bath unit, and two newly constructed rear 2-bedroom, 1-bath residences, offering a total of four income-producing units and 3 car garage and plenty of individually private outdoor spaces.Built and redesigned with quality craftsmanship and thoughtful attention to detail, each residence features bright open-concept living spaces including new appliances (range, refrigerators, washer/ dryer) and stylish finishes throughout. The property benefits from four separate utility meters, a detached garage, and independent living spaces that provide privacy and flexibility for a variety of ownership scenarios. Whether occupying one residence while generating rental income from the others, accommodating extended family, or holding as an investment property, the possibilities are exceptional.Located on a picturesque tree-lined street in one of Pasadena's most desirable neighborhoods, the property offers excellent curb appeal and convenient access to Old Town Pasadena, South Lake Avenue, Caltech, Pasadena City College, parks, shopping, dining, entertainment, and major transportation corridors.With four rentable units delivered all vacant, separate utilities, and low-maintenance improvements this is an outstanding opportunity for investors and owner-users alike.

1537 E Topeka Street, Pasadena

Listing courtesy of Listing Agent: Annie Deng (anniedeng@compass.com) from Listing Office: COMPASS.

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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