Pasadena CA Multi-Family Real Estate, Homes for Sale

Welcome to this beautifully upgraded multi-unit property in the highly sought-after Bristol Cypress neighborhood of Pasadena. Situated on a large lot, this rare offering includes three separate addresses — 523, 525, and 527 Lincoln Ave — and delivers both immediate value and long-term upside. Over the past three years, the property has undergone extensive improvements. All three units feature upgraded electrical panels, with costly underground wiring completed for long-term reliability. Each unit has been refreshed with new flooring, cabinets, interior paint, and appliances, creating a modern, turnkey living experience. Exterior upgrades include repaired wood siding, fresh exterior paint, new front fencing with a rolling gate, and low-maintenance artificial turf. The carport has been improved with newly poured concrete and a roof featuring partially new shingles, adding both functionality and durability. The front home (527 Lincoln Ave) offers 2 bedrooms and 1 bathroom, while the rear duplex (523 & 525 Lincoln Ave) consists of two 1-bedroom, 1-bath units, each with a comfortable living area. All three units have separate gas and electrical meters, with water currently serviced by a single meter to the front unit. The property will be delivered without existing occupants, presenting an ideal opportunity for owner-occupants, investors, or developers. Live in one and rent the others, or maximize income across all three units. The expansive lot also provides future development potential, with the possibility of adding additional multi-unit structures at the rear (buyer to verify with the City of Pasadena). Just minutes from the Rose Bowl and close to Pasadena’s popular dining, shopping, and vibrant downtown scene, this property combines location, condition, and upside — a rare find in one of Pasadena’s most desirable neighborhoods.

523 Lincoln, Pasadena

Listing courtesy of Listing Agent: Farid Eslamieh (fred.esla@gmail.com) from Listing Office: Remax Stone Oak Realty.

$2,599,000

TR26131676 MLS

481 Lincoln Ave., Pasadena is a turnkey and upgraded 7 units apartment complex (Unit mix: 4x 1 Bed+1 Bath, 1x 2 Bed+1 Bath, 2x 2 Bed+2 Baths). Class-A Location, and 100% OCCUPIED. ASSUMABLE EXISTING LOAN AT 3.83% UNTIL FEBRUARY, 2029 !!!! 2 story building was built in 1903 and single story building was built in 1952. 2 STORY BUILDING EXTERIOR FAÇADE WERE FULLY RENOVATED AND UPGRADED IN 2021. 5 out of 7 units were also upgraded with New Paint, Kitchen, Bathroom, Flooring. Updated Roof, New Electrical Main Panels and Subpanels. New Plumbing. New Windows. New Driveway Entrance. Each unit is individually metered for electricity and gas. Parking is provided by 5 open spaces between 2 buildings. The property is situated on a large corner lot of approximately 12,011 SF lot size. Great value-add opportunity for a short or long-term investment. The property is in a highly desirable centrally located neighborhood and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.

481 Lincoln Avenue, Pasadena

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

$1,400,000

5 Beds ⋅ 4 Baths ⋅ 26843273 MLS

Opportunities like this don't surface often. 553-559 Lincoln Avenue is a character-rich, four-unit cottage-style property positioned in the heart of Pasadena and it arrives with one unit delivered vacant. That detail opens the door to owner-user financing: conventional loans with lower down payment requirements, better rates, and terms unavailable on pure investment acquisitions. Live in one, collect rent from three, one of the most effective wealth-building structures in residential real estate. For the investor, the fundamentals are equally strong. In-place income is stable, tenants cover gas and electricity, and landlord-owned laundry equipment adds $150-$200/month in supplemental revenue. Major capital work has already been absorbed; plumbing updates in 2023, electrical improvements within the last decade, and a roof in good standing. Upside runs through operational refinement and cosmetic improvement. Market Cap Rate near 6%. Built in the classic cottage tradition, the property carries architectural character that commands tenant loyalty and holds value in soft markets. Interiors feature hardwood and tile flooring, granite countertops, and ceiling fans. Individual wall units handle heating and cooling, keeping systems simple and maintenance contained. Walkability is a headline feature. The Metro Gold Line Station is steps away, and a grocery store, Starbucks, CVS, and major banking are within a single block. Old Town Pasadena with its concentration of dining, retail, and cultural anchors is minutes from the front door. Pasadena's strong employment base, educated renter demographic, and constrained multifamily inventory make this a market that consistently outperforms in occupancy and rent growth. 553-559 Lincoln Avenue suits a first-time buyer entering the market with built-in income, an owner-user ready to build equity, or a seasoned investor adding a low-maintenance performer to an existing portfolio. The vacant unit is the opportunity, what you do with it is yours to decide.

553 Lincoln Ave, Pasadena

Courtesy of Compass, Rolan Meyer - CA DRE#02129783

$1,400,000

5 Beds ⋅ 4 Baths ⋅ 26843273 MLS

Opportunities like this don't surface often. 553-559 Lincoln Avenue is a character-rich, four-unit cottage-style property positioned in the heart of Pasadena and it arrives with one unit delivered vacant. That detail opens the door to owner-user financing: conventional loans with lower down payment requirements, better rates, and terms unavailable on pure investment acquisitions. Live in one, collect rent from three, one of the most effective wealth-building structures in residential real estate. For the investor, the fundamentals are equally strong. In-place income is stable, tenants cover gas and electricity, and landlord-owned laundry equipment adds $150-$200/month in supplemental revenue. Major capital work has already been absorbed; plumbing updates in 2023, electrical improvements within the last decade, and a roof in good standing. Upside runs through operational refinement and cosmetic improvement. Market Cap Rate near 6%. Built in the classic cottage tradition, the property carries architectural character that commands tenant loyalty and holds value in soft markets. Interiors feature hardwood and tile flooring, granite countertops, and ceiling fans. Individual wall units handle heating and cooling, keeping systems simple and maintenance contained. Walkability is a headline feature. The Metro Gold Line Station is steps away, and a grocery store, Starbucks, CVS, and major banking are within a single block. Old Town Pasadena with its concentration of dining, retail, and cultural anchors is minutes from the front door. Pasadena's strong employment base, educated renter demographic, and constrained multifamily inventory make this a market that consistently outperforms in occupancy and rent growth. 553-559 Lincoln Avenue suits a first-time buyer entering the market with built-in income, an owner-user ready to build equity, or a seasoned investor adding a low-maintenance performer to an existing portfolio. The vacant unit is the opportunity, what you do with it is yours to decide.

553 Lincoln Avenue, Pasadena

Listing courtesy of Listing Agent: Rolan Meyer (rolanmeyerre@gmail.com) from Listing Office: Compass.

$1,280,000

WS26127969 MLS

This duplex has been remodeled with move-in conditions. Buyer is advised to independently investigate all aspects of the property, including verifying the accuracy of any/all information, including sq. ft. and size, bedrooms and baths, provided through personal inspection and with appropriate professionals to their satisfaction. The seller will not perform any repairs works. The property is to be sold in its current "as-is, where-is" condition. The listing Brokers and sellers do not guarantee the accuracy of the information provided regarding modifications, ordinances, conditions, or features of the property, as to the public record. Buyer and buyer's agent to verify any/all information to their satisfaction before making an offer. The property is to be delivered vacant after the close of escrow. These two units are in turnkey condition. Bring and show your buyer.

441 E California, Pasadena

Listing courtesy of Listing Agent: STEVEN SHIH (forest.shih@gmail.com) from Listing Office: KO TAI REALTY.

$13,000,000

TR26122576 MLS

Prime location in the heart of Pasadena. Gated 12 units luxury townhomes. Built in 2010. One unit is a 2 bedrooms and all other 11 units are 3 bedrooms with 2.5 or 3.5 bedrooms. Underground parking. Each unit has a 2 car garage. New exterior paint and new backyard concrete. Super convenient location, walking distance to shops, supermarkets and lots of restaurants. Close to Cal Tech, playhouse district, and The Huntington Library Currently rent are low because mostly long term tenants and well qualified tenants A Rare Value-Add Opportunity: Originally developed as a 12-unit townhome community, each residence already has its own separate APN. A future owner may have the opportunity to establish an HOA and pursue individual unit sales, creating multiple exit strategies beyond traditional long-term rental ownership.

650 S Lake Ave, Pasadena

Listing courtesy of Listing Agent: Grace Lee (gracemjlee@gmail.com) from Listing Office: Graceland Investment, Inc..

$2,100,000

AR26120225 MLS

Pride-of-Ownership 7-Unit Multifamily in Lamanda Park Area, Beautifully Maintained Apartment in an Excellent Location, Excellent Demographics (±$172k) – Walkscore 90, New Roofs, New Exterior Paint, and Other Recent Capital Improvements, Mature SFR Neighborhood, First Time for Sale Since 2009, Clear ADUs Upside. 63-67 S Daisy Ave, a pride-of-ownership 7-unit multifamily gem in Pasadena's Lamanda Park neighborhood. This property represents a rare "Value-Add" play in a Class-A location, offering an actual over 5% CAP rate with significant potential for further appreciation through rental increases, ADU development and long-term improvements. This garden-style asset sits in an A-location, in a mature and quiet single family residential neighborhood – adjacent to newer built condominiums, yet only minutes to central Pasadena via Colorado Blvd. With a Walk Score of 90, Fantastic Demographics of $172k in a-mile radius, and proven appeal to high-caliber tenants (including international PCC students and Caltech professionals), it delivers effortless leasing and superior retention – most units rent to young pros seeking walkable luxury. Built in 1960, the 4055 SF property sits on a 9496 SF lot boasts pride of ownership Single Family Residential feel and has been meticulously maintained by current ownership. First time offered for sale since 2009, the beautiful apartment consists of 2 buildings: front SFR style triplex and back single-story fourplex. Unit mix includes 1 x 2bedroom+1bathroom and 6 x 1bedroom+1bathroom. The front 2bedroom unit is a single family house setting with private patio, 2 car garage (direct access) and central heating. The back fourplex is a single story layout with a novel semi-private patio which makes it very attractive and easy to rent units. Each unit is spacious with either carpet or wood floor, all units have laundry hookups in kitchen area (2 units in the front comes with laundry machines), individual water heater, and individually metered for electricity and gas. Parking is provided by 8 spaces – 2 car garage for the front 2bedroom unit, 1 open space, 4 car garage in the back and 1 carport in the back (accessible through alley). It has undergone many recent Capital Improvements such as: brand new roofs, brand new exterior paints, and brand new contemporary cable fence. The back of the property is adjacent to the highly rated WALDEN Elementary School.

63 S Daisy, Pasadena

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

$1,449,000

P1-27424 MLS

Exceptional Pasadena opportunity! Two completely detached homes on an expansive 10,000+ sq. ft. lot--a rare configuration delivering unmatched flexibility. Perfect for savvy investors, multi-generational living, or an ultimate live/work setup, both units will be delivered vacant. Front Home: A charming 3BR/1BA cottage full of potential. Highlights include a welcoming front porch, enclosed patio/den, kitchen-adjacent laundry room, and a lush, private backyard, plus a two-car carport and detached storage. Rear Home: A classic 1950s Mid-Century traditional 3BR/1BA with a wonderful sense of privacy. Features its own separate backyard, direct access to a two-car garage, and key updates already completed.Live in one and rent the other, or create the ultimate private compound. Double-home properties on large lots in Pasadena are incredibly hard to find!

1419 Bresee Avenue, Pasadena

Listing courtesy of Listing Agent: Hilda L Hernandez (hildahernandez98@gmail.com) from Listing Office: BHHS California Properties.

$2,850,000

AR26119886 MLS

RAYMOND SEVEN - 425 N Raymond Ave, a 7-unit Turnkey Garden style apartment investment opportunity located in the highly desirable City of Pasadena, CA. With full renovation recently completed and full occupancy with market rents, this offering provides a highly cash flowing building without doing any work. Offered at a very attractive Close to 6% CAP Rate (buyer to verify), this offering provides an excellent Cash-on-cash return on a full Turnkey building where the owner does not have to worry about renovating units, dealing with low-rent tenants, or any deferred maintenance. Current owner has spent enormous time and capital in fully upgrading the building including replacing the mechanical, electrical, plumbing, and roof. They have upgraded the building with new railings, stucco changes, stairway & walkway repair, exterior painting, landscaping, new windows, structural and foundation support, and all units upgraded. The building is fully occupied with market rate tenants and providing excellent rental income close to market. The property is in a quiet and mature residential area surrounded by SFR houses across the street and duplex/fourplex on each side. It is only 2 blocks north of the Old Town Pasadena and minutes away from most of the major attractions in the City of Pasadena including Rose Bowl area. FWY 210 and FWY 134 is less than a minute away from the property. The property was built in 1947, has ±5,001 SF building size and is situated on a ±9,902 SF lot size. It has a superb curb appeal with a large lawn and parking area in the front with the main building sits in the back part of the lot – providing extra sound barrier and privacy to tenants. It offers an attractive unit mix of four (4) x 2bed+1bath, 1 x Penthouse 1bed+1bath, and two (2) x 1bed+1bath units. The Penthouse unit occupies the entire 3rd floor with excellent view of Pasadena area. Each unit has been fully upgraded from top to bottom with brand-new everything (flooring, lighting, kitchen, and bathroom). It has in-unit laundry machines and stainless-steel kitchen appliances. Two of the 2nd floor units have private balcony, and the Penthouse has private balcony with views. Several units have large bedrooms and/or kitchens, and some units have had some upgrades which include updated vinyl wood plank/flooring. All units have smooth ceilings.

425 N Raymond Avenue, Pasadena

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

$850,000

CV26104952 MLS

***SELLER IS HIGHLY MOTIVATED*** Charming side-by-side duplex located in the heart of desirable Pasadena featuring two spacious 1-bedroom, 1-bath units. This well maintained property offers excellent curb appeal with recently installed new roofs, fresh interior and exterior paint, upgraded bathrooms, stylish laminate flooring, and stainless steel appliances in both units, Ideal for owner-occupants or investors seeking strong rental potential in a prime location. Both units are currently occupied. Conveniently situated near popular shopping, dining, and entertainment destinations throughout Pasadena with easy freeway access for commuting. Close proximity to local restaurants, cafes, parks and everyday amenities makes this an exceptional opportunities in one of the most sought-after communities.

1640 Mentone, Pasadena

Listing courtesy of Listing Agent: Murtaza Ladha (maladha@verizon.net) from Listing Office: FIRST OPTION REALTY & FINANCE.

$1,199,800

WS26105069 MLS

Welcome to 67 & 69 North Oak Avenue in the vibrant heart of Pasadena — a rare investment opportunity featuring two homes on one lot. Each unit is separately metered for gas and electricity, offering added convenience and flexibility for ownership or tenant management. Long-term tenants provide stable, consistent income. Situated on a spacious 9,000+ sq. ft. lot zoned RM-16, this property offers exceptional development potential, with the possibility to build up to three condos, apartments, or ADUs (buyer to verify with city). Ideally located just minutes from premier shopping, Pasadena City College, California Institute of Technology, the Metro line, and the acclaimed dining and entertainment of Old Pasadena. Also nearby is the iconic Rose Bowl Stadium, offering year-round events, sports, and recreational amenities.

67 N Oak, Pasadena

Listing courtesy of Listing Agent: HERBERT HWANG (Herbert.Hwang@yahoo.com) from Listing Office: ILLUMINANT PROPERTIES.

$2,250,000

PW26096741 MLS

We are pleased to present Holliston House & Apartments, a charming, well-maintained and substantially upgraded 5-unit community in Pasadena, CA. The property features a one-of-a-kind unit mix consisting of a beautiful 2000 sq. ft. 3-bedroom 2.5-bath + Den craftsman style home and four 2-bedroom 1-bath units with covered parking and individual gas and electric meters. All units have been extensively remodeled with high-end designer finishes such as quartz countertops, stainless steel appliances, custom cabinetry, recessed LED lighting, fully remodeled kitchens and bathrooms. The home features central heating, a wall A/C unit in every room, washer/dryer hookups, hardwood flooring, a basement, and a den. The 2-bedroom units are spacious with an open floor plan and feature high quality wood-look tile flooring, custom walk-in showers with designer tiles, new wall heating and A/C units. Nearly everything is brand new, including: roofs, plumbing, electrical, dual-pane windows, and driveway. With strong rents in place, this asset generates a current cap rate of 5.0%, 6.4% with market rents. This property is ideal for investors seeking a well-located, turnkey asset with upside potential and NO differed maintenance.

580 N Holliston Avenue, Pasadena

Listing courtesy of Listing Agent: Ryan Loria (Ryan.Loria@TriqorGroup.com) from Listing Office: Triqor Group.

$1,599,000

CV26092651 MLS

This Duplex offers a total of 10 bedrooms and 4 bathrooms, each unit has 5 bedrooms 2 baths, 1 bedroom and 1 bathroom on the lower level, along with 3 bedrooms and 1 bathroom on the upper level. Formerly used as a rehabilitation center and, more recently, for religious services, the property presents excellent potential for a variety of uses, such as student housing, a wellness center, board and care facility, assisted living, religious services, a meditation center, or other private services. The property was recently renovated with new windows, electrical and plumbing. It features a private front yard that can be utilized for parking or as a sitting area, complemented by a beautifully landscaped entrance. Conveniently situated in the heart of Pasadena, it offers immediate access to the 210 Freeway and is just minutes from Caltech, JPL, Pasadena City College, and the Rose Bowl.

1325 Glen, Pasadena

Listing courtesy of Listing Agent: Johnny Wong (jwrealestate2990@gmail.com) from Listing Office: PINNACLE REAL ESTATE GROUP.

$1,050,000

WS26090600 MLS

Ideally situated just three lots north of the Rose Parade route on Colorado Boulevard, 44 N Berkeley Avenue offers a strategic opportunity for both owner-users and investors seeking a foothold in the heart of Pasadena. This front-to-back duplex consists of two distinct residences on one lot, providing a unique sense of privacy and separation. The front home is a 2-bedroom, 1-bathroom residence featuring classic curb appeal and a dedicated one-car garage. To the rear, a separate 1-bedroom, 1-bathroom unit offers additional flexibility with an attached bonus storage room—an ideal space for a home office, creative studio, or fitness area. Both units maintain their original character and vintage charm, serving as a clean slate for a new owner to modernize and build immediate equity. While the front unit anchors the property’s aesthetic on the tree-lined street, the rear unit features a private backyard area, currently utilized as a vibrant vegetable garden, along with a dedicated carport. The property is designed for ease of management with separate gas and electric meters and a shared driveway split to accommodate parking for both dwellings. Beyond the immediate quiet of the neighborhood, the location offers unparalleled access to the best of Pasadena. The property is less than two miles from the premier shopping and dining destination of South Lake Avenue and only three miles from the historic energy of Old Town Pasadena. With Caltech and Pasadena City College just a half-mile away, this is a prime asset in a high-demand rental market. The front unit is currently leased at $2,700, and the rear unit is leased at $1,400 with the potential to reach market rates of approximately $2,000. Rear unit can be delivered vacant.

44 N Berkeley Avenue, Pasadena

Listing courtesy of Listing Agent: KEVIN KWAN (kevin@byrealiv.com) from Listing Office: REALIV.

$1,499,000

AR26086278 MLS

3 Houses on a large Lot - several blocks north of Old Town Pasadena, Large ±13k SF Lot, highly desirable layout, Easy to Rent and Manage - Can add 3 ADUs. 542 N Madison Ave, a Three House on a lot in the City of Pasadena. Situated only several blocks north of Old Town Pasadena, 2 blocks west of Los Robles Ave, and just within walking distance of many dining, shopping, and other attractions in Pasadena. It is situated on a quiet residential street surrounded by single family houses. This property is being sold together with 5 adjacent buildings to its north and south that are own by same seller – can be purchased together or individually (514 N Madison, 526 N Madison, 536 N Madison, 562 N Madison, and 570 N Madison). The property is extremely rare with highly desirable layout providing tenants with single family residential feel. The middle house (#542) is the largest one with 2bedroom+2bathroom, the front house (#548) is a 2bedroom+1bathroom, and the back house (#544) is 1bedroom+1bathroom. This offering is perfect for an owner user that can occupy any one of the 3 houses (currently tenant occupied – seller is selling it as-is with tenant in place). The middle house is charming with original hardwood flooring, smooth ceiling, built-in cabinets, ceiling fans in bedroom and living room. The back house has been updated with modern flooring, new kitchen and stainless steel appliances, and new bathroom. The property has 13,208 SF lot size providing plenty of open spaces and parking (est. 6 parking spaces or more). Because of this configuration, there is a clear and huge upside for new owners to add 2 or more ADUs (buyer to verify). Parking is provided via 6 open space spread out on the lot. Each unit has individual water heaters and separately metered for electricity and gas. Each unit has its own laundry hookups. The property is in the highly desirable area of Pasadena just several blocks north of Old Town Pasadena. It is situated on a quiet tree-lined street and within minutes from the Gold Line and numerous additional shopping and dining options on Colorado Boulevard and Lake Avenue. Near Pasadena’s historic City Hall, it sits just minutes from the California Institute of Technology, Pasadena Community College, and the 210 and 110 Freeways, offering ease of access to neighboring cities and entertainment destinations in the region.

542 N Madison, Pasadena

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

$1,350,000

IV26078036 MLS

Both units are touring Saturday: Opportunity to acquire two SEPARATE single story units in Pasadena at a price point that compares favorably to nearby ONE single-family home values. This Pasadena duplex offers a rare opportunity to own a 14,403 square foot gated lot. EACH residence features 3 bedrooms, 2 bathrooms, and approximately 1,107 square feet of living space, for a combined total of approximately 2,214 square feet. Each property includes a two-car attached garage, ample additional parking, and private backyard space. Both homes are updated and are move-in ready with fresh interior paint, updated kitchens, new flooring, and the back unit has renovated bathrooms, creating a clean and refreshed living environment. The property is equipped with two separate electric meters and one shared water meter. Conveniently located with easy access to the 210 Freeway, the property is near many of Pasadena’s most notable destinations including the Rose Bowl, Brookside Golf Club, Kidspace Children’s Museum, Norton Simon Museum, Pasadena Museum of History, The Gamble House, and the Colorado Street Bridge. Nearby outdoor recreation includes the Gabrielino Trail Western Trailhead and Altadena Drive Trailhead. A unique opportunity to own an updated duplex on a large lot in a desirable Pasadena location.

1909 N Summit, Pasadena

Listing courtesy of Listing Agent: CRYSTAL HOGGARD (soldbycrystalhoggard@gmail.com) from Listing Office: EXP REALTY OF CALIFORNIA INC.

$1,980,000

AR26075032 MLS

Big Price Adjustment! Motivated Seller! A True Gem for Developers and Investors! Rare opportunity to own a 4-unit compound of fully detached homes in one of Pasadena’s most desirable residential pockets, just south of Colorado Blvd. Situated on an expansive 11,256 SF lot, the property offers approximately 4,350 SF of living space with an ideal layout for both end-users and investors. The front residence features 3 bedrooms and 2 bathrooms, while the rear homes each offer 2 bedrooms and 1 bathroom, all with functional layouts, high ceilings, and abundant natural light. Separate electric and gas meters, shared laundry, and covered parking provide convenience and operational efficiency. Surrounded by well-maintained homes and set along a wide, tree-lined street, the property offers a quiet, comfortable environment with strong neighborhood appeal - a rare blend of lifestyle and investment fundamentals. Zoned RM-32, this property presents exceptional redevelopment potential for higher-density new construction (buyer to verify). The large lot further enhances its appeal with ADU and value-add opportunities, making it equally attractive to developers seeking long-term upside. A unique offering that seamlessly combines current income, future development potential, and a premier Pasadena location — opportunities like this are rarely available.

53 S Roosevelt, Pasadena

Listing courtesy of Listing Agent: Kuangkai Kuo (troykuo@yahoo.com) from Listing Office: In Realty Inc..

$1,470,000

AR26073753 MLS

This is a great opportunity to own a fantastic income property in the highly desirable area of Pasadena! This property is close to California Institution of Technology, Pasadena Community College and Old Town Pasadena. The front unit is a charming, single-family house style with many great features. It has 2 bedrooms and 1 bathroom; and all other 4 units consist of 1 bedroom and 1 bathroom each. All bedrooms are comfortable in size. Each of the units has their own living room, a full kitchen and 1 carport (4 of them is covered car-port). Two of the units have been renovated with a kitchen and floor. Roof was upgraded in 2010. It is close to The Paseo which consist of several shops, entertainments, movie theater and restaurants. This property is conveniently located near public transportation and is just minutes away from 210 freeway which has easy access to the other freeways - 110 , I-134, and I-5. Don't miss out!

115 S Chester Avenue, Pasadena

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

$2,999,000

P1-26511 MLS

421 N Euclid is a charming Craftsman property featuring 14 units in a prime location close to Old Town Pasadena, the Paseo Colorado, local colleges, and convenient access to freeways and the Gold Line. Set on a generous lot, the property has been thoughtfully improved in recent years, including extensive wood repairs, the addition of new stone staircases, and reinforcement of the charming brick front porch. There are wonderful Craftsman details such as fireplaces, built-in cabinetry, and picture rail molding. In addition, all but two units have been updated with new flooring and new windows.The property includes two separate buildings, with a total square footage of 7,089 square feet approximately. The original front structure, built in 1898 has approximately 4,732 square feet (with 9 units). The back structure was built at a later time and has approximately 2,357 square feet (with 5 additional units). The 14 units are comprised of the following makeup: one 2-bedroom/1 bathroom, seven 1-bedroom/1 bath units, and six studios. Both buildings showcase timeless Craftsman architecture. The front building's entry is enhanced by a pergola over the brick patio, and river rock accents add character along the bases of the buildings and the welcoming entry columns. Additional amenities include coin-operated community laundry and eight parking spaces.Don't miss this rare opportunity to own a well-maintained, character-rich Craftsman property in historic Pasadena, offering lasting appeal and strong investment potential.

421 N Euclid Avenue, Pasadena

Listing courtesy of Listing Agent: Jenan Musulli (jmusulli@gmail.com) from Listing Office: Coldwell Banker Realty.

$2,498,888

GD26007809 MLS

Located at 2010 N. Los Robles Ave., just south of Woodbury, this 8-unit courtyard-style apartment building offers an excellent unit mix and strong rental appeal. The property consists of six spacious one-bedroom/one-bath units averaging approximately 735 sq. ft., along with two large two-bedroom/one-bath townhome units of approximately 935 sq. ft. Residents enjoy a charming central courtyard and patio area, front and back private entrances, washer/dryer hookups, and select units with private patio seating. The property also includes eight single-car garages plus additional open parking spaces. Ideally located just minutes from Old Town Pasadena, the Rose Bowl, the 210 Freeway, and JPL, this well-maintained property presents a compelling opportunity for investors seeking a stable asset in a highly desirable rental market

2010 N Los Robles Avenue, Pasadena

Listing courtesy of Listing Agent: Raffi Soualian (raffi@jhhre.com) from Listing Office: JohnHart Real Estate.

$1,390,000

GD25263984 MLS

Attention Investors, Future Pasadena Buyers, and 1031 Exchange Clients! The Tax Assessor shows this as a 3-unit property; however, upon inspection, you’ll find it actually functions as a 4-unit property! Located in one of Pasadena’s most desirable and centrally located neighborhoods, this property consists of three 1-bedroom/1-bath units and one large vacant studio (approximately 1,000 sq. ft.). Separate 2 car garage and basement. Room to put laundry room in the basement. Check with the City. Current rents for the one-bedroom units are $1,471, $1,568, and $1,409. This is an excellent opportunity to restore charming Craftsman-style units, capitalize on strong rental demand, and explore the potential to add ADUs—buyer to verify with the City of Pasadena. Don’t miss out—submit your best offer!

325 S Los Robles Avenue, Pasadena

Listing courtesy of Listing Agent: Odette Peters (YouSeeMeForRealEstate@gmail.com) from Listing Office: Coldwell Banker Hallmark.

$7,500,000

AR25178432 MLS

Discover a prime turnkey 3-story apartment building just blocks from the renowned California Institute of Technology. This fully rehabbed property features upgraded electrical systems, 80% replumbed infrastructure, and individual electric meters. The completed soft story retrofit enhances safety and stability, while each unit boasts new bathrooms, kitchens, and flooring. Equipped with in-unit washer/dryer combos, stoves, refrigerators, and microwaves, these apartments are designed for easy rental and high occupancy rates. With its strategic location near Caltech, this property is an outstanding opportunity for investors seeking a cash-flowing asset in a desirable area.

160 S Michigan Avenue, Pasadena

Listing courtesy of Listing Agent: Matt Cuong Ly (matt.ly@cbcnrt.com) from Listing Office: Coldwell Banker Realty.

$2,250,000

6 Beds ⋅ 4 Baths ⋅ 23-305107 MLS

Residential income in the highly desirable area of Pasadena. 2 separate structures. Property will be leased back by the owner for $10,000.00 per month Triple net. Tenant will execute a new five year lease with annual rent adjustments. Owner operates a program for teenagers and their families. The program is after school only and not overnight. Owner operates six additional facilities and is wanting to expand. Name of the program is Insight treatment.

769 N Orange Grove Blvd, Pasadena

Courtesy of The Altemus Company, David Altemus - CA DRE#00317067

$2,250,000

6 Beds ⋅ 4 Baths ⋅ 23305107 MLS

Residential income in the highly desirable area of Pasadena. 2 separate structures. Property will be leased back by the owner for $10,000.00 per month Triple net. Tenant will execute a new five year lease with annual rent adjustments. Owner operates a program for teenagers and their families. The program is after school only and not overnight. Owner operates six additional facilities and is wanting to expand. Name of the program is Insight treatment.

769 N Orange Grove Boulevard, Pasadena

Listing courtesy of Listing Agent: David Altemus (david@altemuscompany.com) from Listing Office: The Altemus Company.

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