Pasadena, CA Real Estate | Pasadena, CA Multi-Family Homes for Sale

A unique DUPLEX opportunity in the heart of Pasadena, 396 N Summit Avenue and 397 Townsend Place feature two beautifully updated residences on an expansive 11,000+ square-foot lot, offering flexibility for multi-generational living, an owner-user, or an investment opportunity.The front residence offers three bedrooms and two bathrooms, while the rear residence features two bedrooms and two bathrooms. Both homes have undergone extensive interior renovations, including updated kitchens, living spaces, bedrooms, bathrooms, and laundry areas, creating fresh, comfortable interiors ready for modern living. The property stretches between Summit Avenue and Townsend Place, giving each residence added separation and privacy, along with the potential to create dedicated outdoor spaces for each home. A detached two-car garage and generous lot further enhance the property's versatility. With two existing residences and substantial lot size, there may also be potential for additional units or future improvements, subject to City of Pasadena approval. Buyer to independently verify all development possibilities. Ideally located near Old Pasadena, the Rose Bowl, shopping, dining, and convenient freeway access, this is a rare opportunity offering space, flexibility, and income potential in a desirable Pasadena location.

396 N Summit Avenue, Pasadena

$1,250,000

WS26196900 MLS ⋅ Active Status

Charming Pasadena Duplex Near Pasadena City College, 43-45 S. Greenwood Ave. Pasadena, CA. Excellent opportunity to own a well-located duplex in the heart of Pasadena, conveniently situated near Pasadena City College, shopping, restaurants, stores, and everyday amenities. Set on a spacious 7,048 sq. ft. lot, this two-unit property offers a desirable combination of character, flexibility, and rental potential. The front unit, originally built in 1916, features a charming semi-Craftsman architectural style with 2 bedrooms and 1 bathroom, offering timeless character and classic appeal. The rear unit has been newly remodeled and features 2 bedrooms and 1 bathroom, with new flooring, a brand-new kitchen, and a large private yard. The rear unit provides a comfortable, updated living space with excellent outdoor potential. Both units offer their own 2-car detached garage, providing ample parking and storage. The property also features separate electrical and gas meters, with one shared water meter, making it a practical setup for multi-unit living or investment purposes. A great opportunity for an owner-user, extended household, or investor looking for a well-located duplex in Pasadena.

43 S Greenwood, Pasadena

$2,758,000

AR26196810 MLS ⋅ Active Status

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

$2,120,000

6 Beds ⋅ 5 Baths ⋅ 26976913 MLS ⋅ Active Status

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

$1,799,000

GD26194429 MLS ⋅ Active Status

Exceptional investment opportunity at 343 W Howard St, a beautifully upgraded four-unit apartment building in a highly desirable Pasadena location. This well-maintained, single-story property offers approximately 3,408 SF on an 8,802 SF lot, featuring four spacious 2-bedroom, 1-bathroom units, each approximately 850 SF. All units have been fully renovated with new flooring, modern kitchens with shaker cabinets, quartz countertops and stainless-steel appliances, remodeled bathrooms, in-unit laundry, updated lighting, and individual water heaters. Recent exterior and infrastructure improvements include new paint, double-pane windows, copper plumbing, and a relined sewer line (buyer to verify). The property includes a detached five-space carport plus an additional parking space with potential rental income, and no soft-story retrofit is required. Prime location just less than one mile from Brookside Golf Course and approximately 1.3 miles from the Rose Bowl, with easy access to Old Town Pasadena, Lake Avenue, The Paseo, shopping, dining, entertainment, and major Pasadena attractions. Turnkey condition, desirable unit mix, excellent location, and strong rental potential make this an outstanding multifamily investment opportunity.

343 W Howard Street, Pasadena

$1,290,000

3 Beds ⋅ 3 Baths ⋅ 26970721 MLS ⋅ Active Status

Rare owner-user opportunity or turnkey investment in Pasadena. The detached front house lives like a private single-family home at approximately 1,300 sf, recently remodeled with newer stainless steel appliances, a flexible bonus room and second bath, in-unit laundry hookups, and two garage spaces. Set behind it are two separate 1BD/1BA units, one recently updated and one beautifully maintained, each with its own garage, plus a shared sparkling pool and gated driveway parking. Live in front and let the rear units help carry your payment, or acquire it as a fully leased, professionally managed income property with strong in-place rents from day one. Durable plank and tile flooring throughout, four garages total, and a rare pool set this apart in one of the region's most sought-after rental markets. All units currently occupied. Buyer to verify permits, square footage, and unit configuration with the City of Pasadena.

2270 White Street, Pasadena

$2,195,000

8 Beds ⋅ 6 Baths ⋅ 26942719 MLS ⋅ Active Status

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

$1,175,000

P1-28635 MLS ⋅ Active Status

Great opportunity to own a duplex in Pasadena offering a total of 4 bedrooms and 2 bathrooms with flexible living arrangements and investment potential. The property features spacious living areas with abundant natural light, tile and laminate-style flooring, and generously sized bedrooms. The main living space includes an open kitchen and dining area with ample cabinetry, granite-style countertops, and a large peninsula providing additional counter space. One of the bathrooms offers an oversized layout with a separate tiled shower and jetted soaking tub. Additional features include in-unit laundry, multiple dining and living spaces, and ample storage. Outside, the property offers an expansive concrete driveway and courtyard area with plenty of room for parking, along with mature landscaping and established fruit trees that provide shade and privacy. With two separate living units and a versatile layout, this Pasadena duplex presents an excellent opportunity for an investor looking to add a residential income property to their portfolio.

144 Backus Avenue, Pasadena

$1,250,000

AR26185682 MLS ⋅ Active Under Contract Status

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

$1,775,000

SR26185267 MLS ⋅ Active Status

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

$1,175,000

SR26184320 MLS ⋅ Active Status

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

$1,279,000

3 Beds ⋅ 2 Baths ⋅ 26874221 MLS ⋅ Active Status

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

$1,400,000

WS26180449 MLS ⋅ Active Status

Excellent location, Great neighborhood! 3 units on one lot each consists of two bedrooms one bath with attached 2 car garage. All units are in good condition, spacious bright and airy. The last unit has a newer kitchen, newer bathroom and central A/C and Heat. Close to shopping centers, supermarkets, schools, public transportation and churches. Easy access to freeway. Mountain views. Must see to appreciate!

1717 Atchison, Pasadena

$1,150,000

WS26175810 MLS ⋅ Active Status

Location, location and location. 2 houses (1498 and 1500) on a big lot which is close to 8000 sq ft. Each unit has its own front and back yards, car garages (1 car garage for front unit and 2 cars garage for back unit), separate water, gas and electricity meters. Excellent location, close to PCC, shops, schools, business centers, parks and so on. Both properties are well maintained. Front home (1500) features with 2 bedrooms & 1 bathrooms. It has central AC unit, kitchen has been remodeled and updated with granite counter tops and new kitchen cabinets. Bathroom has been remodeled as well. The laundry hook ups are inside the kitchen. Hardwood floors throughout the house and with new interior and exterior paint. The unit has its own cement patio which provides rest and entertainment to the tenants. Rear home (1498) offering 2 bedrooms + office & 1 baths with California basement and attached garage.

1498 E Topeka, Pasadena

$3,400,000

DW26174725 MLS ⋅ Active Status

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

$1,100,000

SR26172976 MLS ⋅ Active Status

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

$1,350,000

AR26168649 MLS ⋅ Active Status

Exceptional four-unit investment property in the prime Pasadena neighborhood of Brigden Ranch. Current CAP Rate 5% with excellent upside potential. This fully occupied multi-family property offers immediate, stable cash flow from day one with significant long-term rent upside. Built in 1948, this well-maintained property offers 2,376 square feet of living space on a spacious 8,100 square foot lot with ample parking, offering a diverse mix of two 1 bedroom/1 bath units, one 2 bedroom/1 bath unit, and a cozy studio. Potential to easily convert the studio to a 1 bedroom/1 bath unit for more than double the income. The generous lot size offers plenty of room for parking and possibly adding an additional unit. With quick access to the 210 Freeway, this property is situated in the highly accessible northern Pasadena neighborhood of Brigden Ranch, close to local parks, popular restaurants, local shopping, and public transportation lines. With it’s desirable location, well maintained units, and stable tenant base, this investment opportunity offers immediate returns and excellent upside potential.

2152 E Washington, Pasadena

$1,399,000

IG26164798 MLS ⋅ Active Status

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

$2,136,800

TR26165622 MLS ⋅ Active Status

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

$1,748,000

AR26164327 MLS ⋅ Active Status

Situated in the highly desirable Madison Heights neighborhood of Pasadena, this unique multi-unit property offers exceptional investment potential. Set on a spacious 12,342 sq.ft. lot and zoned RM-32, the property presents a rare opportunity for future development. According to the City of Pasadena (buyer to verify), the lot size may allow for the construction of approximately 9 units. The property currently features 3 separate tenant-occupied units: 894 S. Marengo: 3 Bedrooms, 2 Baths, ( front house) 892 S. Marengo: 2 Bedrooms, 1 bath ( middle house and 896 S. Marengo 2 BR, 1 BA ( back house) Additional amenities include three single car garages on site. Whether you're looking to expand your investment portfolio, generate immediate rental income, or explore development possibilities, this property offers versatility and long-term upside in one of Pasadena's most sought-after locations.

892 S Marengo, Pasadena

$4,290,000

WS26158276 MLS ⋅ Active Status

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

$1,750,000

SR26155217 MLS ⋅ Active Status

A rare investment opportunity in south-central Pasadena. This charming two-story fourplex offers strong rental income in a prime location near Pasadena City College, Caltech, and the Metro L Line. Live in one unit and rent the other three, or keep all four as an income-producing investment. All four units are currently leased and generating income. Each spacious unit features hardwood floors, in-unit washer/dryer hookups, and a private enclosed garage. Units also include a bonus room that may be used as a second bedroom, dining room, office, kids' room, etc. Each tenant pays for their own electric and gas while the landlord pays for water, trash, and sewer. Conveniently located near South Lake Avenue shopping and dining, the Huntington Library and Gardens, and Old Town Pasadena, with easy access to freeways and public transit. Buyer and buyer's agent to verify all information, including square footage, rent control status, and permits. Please do not disturb tenants.

141 N Bonnie Avenue, Pasadena

$1,390,000

AR26152965 MLS ⋅ Active Status

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

$1,799,999

8 Beds ⋅ 5 Baths ⋅ 226003501 MLS ⋅ Active Status

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

$1,799,999

8 Beds ⋅ 5 Baths ⋅ 226003500 MLS ⋅ Active Status

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

$4,800,000

AR26156521 MLS ⋅ Active Status

Twelve consistent 3-bedroom townhouse-style homes, built to last. 614-620 N Mar Vista Ave Pasadena. A 12-unit multifamily community arranged across two side-by-side, two-story buildings in a quiet Pasadena residential neighborhood. Built in 1983, the property delivers 13,632 rentable square feet on a 24,659 square foot lot - generous scale for the unit count, with a landscaped central corridor and mature palm and hedge plantings along the perimeter. Every one of the 12 units shares the same 3-bedroom, 1.5-bath floor plan - a layout in short supply across the San Gabriel Valley and consistently in demand. That uniformity simplifies renovation planning, rent comps, and day-to-day management for an incoming owner. Each unit is served by its own individual HVAC system, reducing common-area utility exposure. Covered parking runs along the ground floor of both buildings, and the pedestrian courtyard connecting them is fully landscaped - giving the property genuine curb appeal from the street and from the air. One unit (620-6) is currently vacant, offering an incoming owner immediate lease-up upside at market rent.

614 620 N Mar Vista, Pasadena

$3,675,000

12 Beds ⋅ 12 Baths ⋅ 26862273 MLS ⋅ Active Status

The Villas is a charming 12-unit apartment building located at 231 and 239 East Villa Street, Pasadena, CA 91101. The property was built in 1913 and is located on the northeast corner of East Villa Street and North Marengo Avenue. The lot is approximately 19,334 square feet. The Villas is located a few blocks away from restaurants, shops, and entertainment on Colorado Boulevard, and a few blocks away from Old Town Pasadena. The unit mix consists of 12 one-bedroom/one-bathroom units. There is a large shared yard. There is a laundry room, assigned parking spaces, 6 garages, and storage spaces. Some of the units have balconies, and some of the units have porches. The property is designated historic-eligible by the City of Pasadena. (Buyer to verify)

239 E Villa Street, Pasadena

$860,000

WS26156214 MLS ⋅ Active Under Contract Status

Unlock the potential of this rare Pasadena duplex opportunity! Offered as-is and where-is in its current stage of renovation, this property presents an excellent investment for buyers looking to complete a permitted remodel and add value. The current owner has already completed a substantial portion of the major improvements, including: Mechanical rough-ins for the kitchens and bathrooms / Window retrofit / Replacement of original doors / Re-roofing / New insulation / Exterior and interior wall repairs / Siding improvements / Interior drywall installation. All work has been completed under active, valid permits, which remain in effect. While the renovation is not yet complete, the heavy lifting has already been done, allowing the next owner to finish the project according to their own vision and preferences. Once completed, this duplex offers excellent income-producing potential. The property features a spacious yard, ample on-site parking, and an unfinished detached garage that may provide the opportunity for a future ADU conversion (buyer to verify with the City of Pasadena), creating additional rental income potential. Whether you're an investor, developer, or owner-user seeking a value-add opportunity, this property offers a solid foundation in one of Pasadena's desirable neighborhoods with significant upside potential.

170 E Tremont, Pasadena

$1,499,000

CV26154804 MLS ⋅ Active Status

Rare three-unit investment opportunity in Pasadena. Situated on a 7,806 sq ft lot with 3,216 sq ft of combined living space, this well-maintained property built in 1984 features a detached front house plus a two-story duplex to the rear, with a freshly painted exterior throughout. The front unit offers 3 bedrooms and 1.5 bath; the middle unit offers 3 bedrooms and 1.5 bath; and the rear unit offers 2 bedrooms and 1.5 baths. All three units are two stories and include a private patio and carport parking. Ideally situated within walking distance of the Metro L (Gold) Line Allen Station and Pasadena City College, with convenient access to the 210 Freeway. An excellent opportunity for investors or owner-occupants seeking income potential in a well-connected Pasadena location. **PLEASE DO NOT DISTURB TENANTS**

167 N Allen, Pasadena

$990,000

WS26155224 MLS ⋅ Active Status

Exceptional investment opportunity in Pasadena! This well-maintained duplex property offers excellent income potential with two separate units and strong rental appeal. The property is in great condition and provides a wonderful opportunity for investors or owner-users seeking an income-generating property in a desirable location. The property features a spacious front unit with 3 bedrooms and 2 bathrooms, along with a rear unit offering 1 bedroom, 1 bathroom, and a bonus room. Currently tenant-occupied with strong rental income, this property provides immediate cash flow potential and long-term investment value. Ideally located in Pasadena with convenient access to shopping, dining, entertainment, major freeways, and public transportation. Enjoy the benefits of a highly desirable location, strong rental demand, and the opportunity to own an income-producing property in one of Southern California’s most sought-after communities.

3733 Blanche Street, Pasadena

$1,490,000

8 Beds ⋅ 6 Baths ⋅ 26860377 MLS ⋅ Active Status

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

$1,199,999

DW26151056 MLS ⋅ Active Status

A RARE PASADENA CORNER-LOT DUPLEX WITH THE PRIVACY AND FUNCTIONALITY OF TWO SEPARATE HOMES! Ideally positioned at the corner of Mentone Avenue and West Hammond Street, this unique property offers two residences with individual street presence, separate driveways and dedicated garage access—an exceptional arrangement for an owner-occupant, extended household or investor. The Mentone Avenue residence features 2 bedrooms, 1 bathroom and a private one-car garage. Facing West Hammond Street, the second residence offers 3 bedrooms, 2 bathrooms and an impressive three-car garage. Because each home faces a different street, the property provides a level of separation, privacy and independence rarely found in a traditional duplex. Live in one residence while generating income from the other, create a multigenerational living arrangement, or add a distinctive Pasadena income property to your portfolio. The expansive garage capacity also provides valuable parking, storage and workspace possibilities. Conveniently located in Northwest Pasadena with access to Old Pasadena, the Rose Bowl, local shopping, dining, transportation and major commuter routes. Two homes, two driveways, four garage spaces and one outstanding opportunity—this is Pasadena duplex living with exceptional versatility.

1164 Mentone, Pasadena

$1,080,000

AR26147655 MLS ⋅ Active Status

Fantastic 4-Unit Investment Opportunity in Pasadena! This income-producing fourplex features 4 spacious 1-bedroom, 1-bath units and offers immediate rental income with long-term investment potential. Major improvements have already been completed, including a brand-new roof on both the main building and detached garage, new garage doors, fully replaced plumbing, fresh interior and exterior paint, updated flooring, newer windows, and renovated kitchens and bathrooms in select units. All 4 units feature separate electric and gas meters, while the owner currently pays water. The property also offers 3 single-car garages and 1 additional parking space. Conveniently located with easy access to the 210 Freeway, shopping, dining, parks, and public transportation, this property is well positioned for investors and owner-users alike. Current rents total $6,398 per month, providing immediate cash flow. Future rental potential may exist, subject to local rent control regulations, existing tenancy, and applicable law. Buyer to independently verify all information, including rents, expenses, square footage, permits, and property condition.

1758 Lincoln Avenue, Pasadena

$1,480,000

AR26141824 MLS ⋅ Active Status

Well-maintained and beautifully landscaped classic Craftsman Bungalow triplex located in desirable East Pasadena. The property features charming curb appeal with a welcoming front porch spanning the main entryway. Situated within walking distance to Pasadena City College, California Institute of Technology, and The Huntington Library. The property sits on a large rectangular lot and offers an excellent unit mix consisting of two (2B+1B) and one (1B+1B) units. One unit is currently vacant, providing an immediate opportunity for an owner-occupant or the potential to lease at market rent. Additional features include separately metered gas and electricity, on-site coin laundry for additional income, and storage sheds in the rear.

190 S Craig Avenue, Pasadena

$2,800,000

7 Beds ⋅ 4 Baths ⋅ P1-27780 MLS ⋅ Active Status

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

$6,780,000

AR26139329 MLS ⋅ Active Status

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

$2,800,000

P1-27733 MLS ⋅ Active Status

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

$1,399,000

CV26133996 MLS ⋅ Active Status

Exceptional Income-Producing Duplex in Pasadena Welcome to 1417-1419 El Sereno Avenue, a rare opportunity to own a well-maintained duplex in a desirable Pasadena neighborhood. Perfect for investors, multi-generational living, or owner-occupants seeking supplemental rental income, this property features two separate residences with individual addresses, providing privacy and flexibility. The front residence offers approximately 1,200 square feet of living space with 4 bedrooms and 2 bathrooms. Amenities include central air conditioning and heating, a dedicated laundry area, basement storage, a 2-car garage, and a private front yard. Built in 2011, the rear residence features approximately 1,800 square feet with 3 bedrooms and 2.5 bathrooms. Designed for modern comfort, this home includes central air conditioning and heating, a fire sprinkler system, separate laundry room, attached 2-car garage, private backyard with low-maintenance artificial turf, and a gated side patio. Complete building plans are available. Both residences are separately metered for gas, water, and electricity and offer ample parking and private outdoor spaces. This unique property combines strong income potential with pride of ownership in a highly sought-after Pasadena location. Conveniently located near shopping, dining, parks, schools, and major transportation corridors. A rare investment opportunity with long-term upside and excellent rental appeal. Please do not disturb occupants. Shown by appointment only.

1419 El Sereno, Pasadena

$1,474,950

SR26132517 MLS ⋅ Active Status

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

$1,474,950

4 Beds ⋅ 3 Baths ⋅ SR26132481 MLS ⋅ Active Status

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

$2,599,000

TR26131676 MLS ⋅ Active Status

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

$1,400,000

5 Beds ⋅ 4 Baths ⋅ 26843273 MLS ⋅ Active Status

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

$1,280,000

WS26127969 MLS ⋅ Active Status

This duplex has been remodeled and is in move-in condition. 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 repair work. 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, permits, zoning, use, 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

$13,000,000

TR26122576 MLS ⋅ Active Status

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

$2,100,000

AR26120225 MLS ⋅ Active Status

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

$2,850,000

AR26119886 MLS ⋅ Active Status

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

$850,000

CV26104952 MLS ⋅ Active Status

***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

$1,199,800

WS26105069 MLS ⋅ Active Status

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

$2,250,000

PW26096741 MLS ⋅ Active Status

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

$1,050,000

WS26090600 MLS ⋅ Active Status

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

Pasadena, CA Multi-Family Homes for Sale

Newest Pasadena, CA Multi-Family Homes for Sale

Jeremy Sifuentes

Search

Resources

About