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Listed by Kristopher German • RE/MAX 2000 REALTY
$ 2,750,000
Est. payment | /mo
0.45 Acres Lot
$ 2,750,000
Est. payment | /mo
0.45 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV25112179
Style Cottage
Year Built 1921
Lot Size 0.447 Acres
Source California Regional MLS
Property Description
**Pride of Ownership in Prime Pasadena!** We are pleased to present this charming 7-unit cottage-style multi-family asset offering both stability and upside in one of Pasadena's most desirable and walkable rental corridors. Situated on a lushly landscaped 19,492 sq. ft. lot with garden walkways and tranquil outdoor space, the property features a rare unit mix of (3) 2-Bedroom/1-Bath & (4) 1-Bedroom/1-Bath detached cottages totaling 6,133 rentable sq. ft. each offering tenants a private, home-like feel. Tenants enjoy onsite garage parking, a dedicated laundry facility, and convenience to nearby top-tier amenities. Located directly across from Mayfield Junior School and just minutes from Caltech, Pasadena City College, and the shops and dining of Old Pasadena, this location supports consistent demand and long-term tenant retention. The property has been thoughtfully upgraded with copper plumbing, modern electrical panels, newer roofs, and is separately metered for gas and electricity, ensuring operational efficiency for the next owner. With proven in-place income, strong tenant retention, and pride of ownership throughout, this asset is ideal for investors seeking a turn-key opportunity in a high-demand Pasadena submarket. (For those looking to scale, this property can also b
Location
State CA
County Los Angeles
Area 647 - Pasadena (Sw)
Rooms
Kitchen None
Interior
Cooling Window / Wall Unit
Laundry In Laundry Room
Exterior
Parking Features Carport , Garage
Garage Spaces 7.0
Pool 31, None
View None
Roof Type Shingle
Building
Story One Story
Water District - Public
Architectural Style Cottage
Others
Tax ID 5722034007
Special Listing Condition Not Applicable
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Ben Dodge
REALTOR® | Lic# DRE 01959374