Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    3

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Size(acres)

    0.3649

  • Property Type

    Residential Income

  • Property Sub Type

    Single Family Residence

Price

  • Sales Price

    $3,280,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    31

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Chung Ping Wang , Century 21 Ludecke Inc.

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
PLEASE NOT DISTURB TENANTS, DRIVE BY ONLY, This fully occupied 6 units 4 building income property in the heart of Pasadena, Situated within walking

distance to Pasadena City College and near by Caltech. Unit #92 - 6 bedrooms 2 bathrooms 2,073 Sq Ft, Unit#94 - 1 , 2 & 3 - each unit 780 Sq Ft and 2 bedrooms 1 bathroom, Unit #98 - 1 bedroom 1 bathroom 528 Sq Ft, Unit #100 - 3 bedrooms 2 bathrooms 1,300 Sq Ft. This property zoned RM32, offers

significant development potential 11 units Condo project in one of the most desirable and transit-accessible neighborhoods in the city. This asset allows

you to collect income immediately while submitting plans for new construction. That's Unique Investment Opportunity ! ! !

92 N Allen Avenue

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

New on site 3 days ago
Prime 7-unit near Old Town Pasadena, Positive Leverage Deal Close to 6% CAP, Adjacent to a future Large Redevelopment Project on Fair Oaks Ave. Seller May Carry. 425 N Raymond Ave, a 7-unit Turnkey Value-add 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 Over 6% CAP Rate and low ±12.12x GRM (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.
#AR25253823

Pasadena

425 N Raymond

None Beds

None Baths

5,001 Sq.Ft.

$2,850,000

MLS#: AR25253823

True Value-add 9 units several blocks north of Old Town Pasadena, Excellent Unit Mix, Large 12,685 SF Lot, 9 carport parking, Excellent going-in CAP Rate with High Proforma CAP Rate. 570 N Madison Ave, a prime value add 9-unit apartment 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 south that are own by same seller – can be purchased together or individually (514 N Madison, 526 N Madison, 536 N Madison, 542 N Madison, and 562 N Madison). 



The property is a garden style walk-up 2 story apartment with excellent curb appeal. It offers superb unit mix with two (2) x 3bed+1bath and seven (7) x 2bed+1bath units, making it an easy unit mix to rent out. The property was built in 1963, has a total of ±7,222 SF building size and is situated on a large ±12,685 SF lot. Based on the building size, each unit average about 802SF/unit (buyer to verify). All the ground floor units have private patio (buyer to verify). Approximately 3 units have been updated with luxury wood flooring, updated kitchen (quartz countertops, new kitchen cabinet), and updated bathroom. 



Parking is provided via 9 carports (3 on the side and 6 in the back).  There is no living space above carports which means the property does not need any soft story retrofit. Each unit is separately metered for electricity and gas. The property has a shared laundry room.



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. Historic Old Pasadena’s charming storefronts house 200 shops plus a wide array of restaurants and night spots. The Pasadena Convention Center, Pacific Asia Museum, the historic Tournament of Roses house, and the Norton Simon Museum are minutes away.
#AR25250939

Pasadena

570 N Madison

None Beds

None Baths

7,222 Sq.Ft.

$2,890,000

MLS#: AR25250939

Secure a high-performance, low-management investment with this extensively renovated 8-unit property located at 790 E. Orange Grove Blvd. in beautiful Pasadena, CA.  This asset offers the ideal combination of stable, immediate cash flow and mitigated future expenditure risks. The property features five units fully renovated to the studs and three new construction ADUs, ensuring minimal maintenance needs for years to come. Updates include new roofs, full replacement of plumbing and electrical systems, new windows, doors, flooring, and modern kitchens/baths throughout. All units are equipped with central HVAC, new appliances, and all but one unit include private in-unit laundry, driving high tenant demand and retention.  New construction units are equipped with solar panels contribute to efficiency and lower operating costs. The property is 100% occupied at market-rate rents, featuring a highly desirable mix of two 2 bedroom and 2 bathroom units, two 2 bedroom 1 bathroom units, three 1 bedroom 1 bathroom units and one studio. Tenants are responsible for all utilities except water and trash. The three new ADUs may qualify for an exemption from the Pasadena Rent Stabilization Ordinance (Measure H), offering a strategic advantage and enhanced long-term value.  This opportunity delivers the advantages of a new build investment asset with zero vacancy loss from day one.  For a low-hassle, income-producing property with proven returns, your search ends here.
#P1-24648

Pasadena

790 E Orange Grove Boulevard

None Beds

None Baths

5,500 Sq.Ft.

$3,900,000

MLS#: P1-24648

Welcome to 597–609 N Hill Avenue, an exceptional multi-unit Craftsman property nestled in the heart of Pasadena Heights. Resting on a generous 16,836 sq. ft. RM-32 zoned lot, this fully remodeled and income-producing estate offers classic Pasadena charm blended with modern updates—ideal for both owner-users and investors.

Originally built in 1908 and thoughtfully remodeled to perfection, this three-unit property sits on a serene, tree-lined street just minutes from Old Town Pasadena, South Lake shopping district, and Caltech. The property features:

•    Main House (approx. 1,935 sq. ft.) – 3 bedrooms, 1 bath, beautifully upgraded kitchen, hardwood and tile flooring, spacious living and dining areas, and refined Craftsman details.

•    Unit 2 (approx. 540 sq. ft.) – 1 bedroom, 1 bath, remodeled kitchen and bath, newer flooring and paint.

•    Unit 3 (approx. 540 sq. ft.) – 1 bedroom, 1 bath, bright open layout with modern upgrades and fresh finishes.

All units have been recently remodeled with new kitchens, updated baths, paint, and flooring. The property has been meticulously maintained, with a condition rated as “excellent” in the 2024 appraisal.

Exterior highlights include ample parking, a security gate, mature landscaping, and inviting outdoor patios and decks perfect for relaxation.

The RM-32 zoning offers significant development potential—allowing for up to 12 units based on Pasadena city code—making this property a rare opportunity for expansion or long-term appreciation.

Located in a prime residential neighborhood surrounded by well-kept homes and small multi-unit complexes, the property benefits from stable demand, low vacancy rates (~3%), and strong rental values.

Location Perks:

•    Minutes to Pasadena City College, Caltech, and Huntington Library

•    Close to Metro Gold Line and major freeways (210 & 134)

•    Walkable to parks, shops, and dining

Whether you’re seeking a turnkey multi-unit investment or a character-rich property with income potential, 597–609 N Hill Avenue embodies timeless Pasadena living and smart real estate value.
#GD25239206

Pasadena

597 N Hill Avenue N

None Beds

None Baths

2,938 Sq.Ft.

$2,999,999

MLS#: GD25239206

Exceptional New Construction Investment Opportunity in the heart of Pasadena! Ideal for investors or owner-users seeking value-add potential. This stunning property features a total of 4 income producing units. A Brand-New Spanish style duplex with two beautifully designed 3-bedroom, 2-bath units plus two detached accessory dwelling units (ADUs), each offering 2 bedrooms and 1 bath. Built with high quality craftsmanship, timeless Spanish charm and premium finishes throughout. Each residence offers bright, open concept living spaces and thoughtfully designed floor plans that maximize function and style. Blending timeless character with modern conveniences, the property features new fully equipped kitchens with custom built cabinets, custom built vanities, new central AC and heating units, new Milgard windows, new solar panels, new electrical, new copper plumbing, Spanish clay roof tile, new authentic stucco and much more.  Each unit is separately metered for electricity and gas and comes with its own in-suite washer and dryer hookups. Located in a desirable neighborhood on a picturesque tree-lined street, the property, with its well-manicured front lawn offers excellent curb appeal. Just minutes from Old Town Pasadena with close proximity to schools, shops, parks, dining, transportation and all that Pasadena has to offer. Don’t miss your chance to own this brand-new turnkey multi-unit Spanish-style property which blends modern living with architectural style. With a total of 4 rentable units, low maintenance construction, and strong market appeal, this is an outstanding investment opportunity for both seasoned and first-time investors alike or for owner-users seeking income and long-term value. All 4 units are currently rented and generating a total of $19,450 in rental income.
#GD25234687

Pasadena

1569 1571 Wesley

None Beds

None Baths

4,369 Sq.Ft.

$3,199,000

MLS#: GD25234687

Step into this beautifully preserved 1922 Spanish-style quadruplex, ideally located just above Mountain Street on vibrant Lake Avenue. All 4 units offer 2 bedrooms and 1 bath, blending timeless charm with thoughtful updates, including hardwood floors, original built-ins, a formal dining room, and a cozy breakfast nook. The spacious layouts are filled with natural light, complemented by some updated electrical and in-unit laundry hookups. A generous shared backyard provides plenty of space to relax or entertain. With four single-car garages, this property offers the best of urban living with classic architectural character. Plenty of upside potential and opportunity for expansion. 3 units are currently tenant-occupied and professionally managed. 1 will be delivered vacant.
#P1-24296

Pasadena

1157 1165 Lake Avenue

None Beds

None Baths

4,608 Sq.Ft.

$2,800,000

MLS#: P1-24296

RARE INVESTMENT OPPORTUNITY.  171-179 S Sierra Madre Blvd, Pasadena, CA 91107.  Real Estate Investors & Developers: Opportunity to acquire a Large, five-unit multifamily property on a large 16,134 sq ft lot in a highly desirable southeast side of Pasadena. Zoned RM32, the property offers significant potential, including the possibility of building up to 12 homes (buyer to verify with the city).



Property Highlights:



1)  Five units across three separate buildings

2)  Front House (175 S Sierra Madre) is a stand-alone Two-Story 2,848 sf Single House with its own driveway.  This spacious, bright and airy, 4 bedroom, 2 bath craftsman-style home features a huge living room, family room, office, large kitchen, basement, front and large side yards. Similar single homes in the area are already worth millions of dollars.

3)  Back Units: Four units, each with 2 bedrooms and 1 bath, and a dedicated garage.

Two separate driveways for convenient access, one dedicated to the Front House and the other to the rear 4 units. 



Income and Development Potential: The property currently has stable, long-term tenants, providing an immediate opportunity to increase cash flow. Situated directly across from the newer Town & Country luxury townhomes, this lot is in a proven and high-demand area for new development. 



Prime Location: This property is located in Southeast side of Pasadena, next to San Marino, just two and a half blocks from Colorado Boulevard, the famous route of the annual Rose Parade. The location offers easy access to a variety of amenities, including grocery stores, retail shops, restaurants, and public transportation, including the Metro rail station.
#AR25225770

Pasadena

175 S Sierra Madre

None Beds

None Baths

6,064 Sq.Ft.

$2,680,000

MLS#: AR25225770

7 Unit Apartment building in Pasadena, CA located walking distance (1 block away) from Pasadena City College (PCC). 4 units are currently vacant and used as short-term rental (Airbnb). Airbnb business will also be included in the sale (135 reviews at 4.92 rating with “Guest Favorite” award). Unit mix: 2 x (2B+1B) and 5 x (1B+1B). Laundry room on site with 1 coin operated washer and 1 coin operated dryer (both units owned and included with the sale). New rain gutters recently installed, new facia, new paint, new windows, new plumbing, new electrical panels (3 out of 7 units), drainage updated, 2 new water heaters, refurbished roof (less than 3 years ago). 7 covered parking spots on site (all carports). Excellent location with walk score of 87 and bike score of 75. Most errands can be accomplished on foot and biking is convenient on most trips. Less than 1 mile away from California Institute of Technology (Caltech), 1.1 miles away from Huntington Library, 2 miles away from Pasadena Convention Center and 4.5 miles away from Rose Bowl.
#AR25220741

Pasadena

59 S Meridith

None Beds

None Baths

4,952 Sq.Ft.

$3,300,000

MLS#: AR25220741

12-unit Value-add near Old Town Pasadena, Very Well Maintained, First Time for Sale Since 1984, Significant Rental Upside, Easy to Manage and Rent, Upgraded Electrical Panels, Carport Parking, Simple Unit Mix. Proforma CAP Rate 6.39%.



VILLA CATALINA - 530-540 N Catalina Ave, a 12-unit value-add apartment in a highly desirable location in the City of Pasadena, CA. These 2 properties have been very well maintained by current family who have owned it since 1984. The properties are located on a quiet residential street on Catalina Ave crossing Villa St, and only minutes away from most of City of Pasadena amenities such as Old Town Pasadena, Lake Ave Shopping District, Rose Bowl area, CALTECH and PCC. It is surrounded by other small apartments and single-family houses and has excellent demographics of ±$120,347 average household income in a 1-mile radius.



The properties consist of six-unit apartments each (530 and #540) making up the total of 12 units. They were built in 1953 and 1954, have a total building size of 7882 SF and sits on a large 18,683 SF total lot size (R3 zone – medium high-density). The property offers excellent curb appeal with well-manicured front lawn and center courtyard area. The front half of each property is a single-story layout (total 4 units) and the back half are 2 story apartments (total 8 units). 



The unit mix is easy to manage and rent with all 1bedroom unit. Each unit is spacious and bright with an average unit size of 788SF (buyer to verify). Two front units have semi-private patio area. The ground floor units have original hardwood flooring, while 2nd floor units have carpet flooring. Each unit has through the wall A/C in living room and bedroom, ceiling fans, tiled kitchen, and tiled bathroom. All tenants are on month-to-month lease and current income is approximately 31% below market. 



Each unit is separately metered for electricity and gas. Parking is provided by 12 carport spaces at the back (1 for each unit). There is no parking soft story retrofit required. Building is serviced by a shared laundry room (leased machines). The large lot size, R3 zoning (medium high density) and carport parking provide superb opportunity for new owner to add ADUs units in the back. 



The property is located just two blocks away from Lake Ave and within walking distance to myriads of shopping and other amenities on Lake Ave and Colorado Blvd. It has an excellent demographics of $120,347 AHH income within a 1-mile radius.
#AR25202676

Pasadena

530 540 N Catalina Avenue

None Beds

None Baths

7,882 Sq.Ft.

$3,600,000

MLS#: AR25202676

 - property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here