Pasadena, CA Real Estate Search

Pasadena, CA Multi-Family Homes for Sale

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Newest Pasadena, CA Multi-Family Homes for Sale

$1,550,000
AR26075990 MLS ⋅ Active Status
1 unit will be delivered vacant (being upgraded - back house 2bed+1bath) - 4 Single-story Bungalows several blocks north of Old Town Pasadena, Large ±13k SF Lot, highly desirable layout, Easy to Rent and Manage, Clear ADUs Upside (4 ADUs), 2 units upgraded. 526-532 N Madison Ave, a bungalow style 4-units Single story 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. The property offers a highly desirable bungalow single-story layout (no adjoining walls) providing tenants with single family residential feel. It consists of 4 separate bungalows with a lush center courtyard/walkway providing serene atmosphere for the tenants. The unit mix is one (1) x 2bedroom+1bathroom and three (3) 1bedroom+1bathroom units, which makes it very easy to rent and manage. The property was built in 1940, has a total of ±3,326 SF building size (Average unit size is 830SF/unit) and is situated on a large ±13,185 SF lot. Each unit is charming with original hardwood flooring, ceiling fans, plenty of built in cabinets, tiled kitchen and bathroom, and in-unit laundry hookups. The front 1 bedroom unit #532 was recently leased for $2450/month. Two units (#532 and #530) have been upgraded with brand new kitchen and updated bathroom. Parking is provided via detached 3 car garages and 1 open space in the back. Each unit has individual water heaters and separately metered for electricity and gas. Each unit has its own laundry hookups. The property is in the highly desirable area of Pasadena just several blocks north of Old Town Pasadena. It is situated on a quiet tree-lined street and within minutes from the Gold Line and numerous additional shopping and dining options on Colorado Boulevard and Lake Avenue. Near Pasadena’s historic City Hall, it sits just minutes from the California Institute of Technology, Pasadena Community College, and the 210 and 110 Freeways, offering ease of access to neighboring cities and entertainment destinations in the region. 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.

526 N Madison, Pasadena
$2,688,999
IG26074366 MLS ⋅ Active Status
Well-maintained asset with a stable, long-term tenant base and below-market rents, offering a clear value-add opportunity through rental repositioning. The property provides a low-maintenance operational profile with strong fundamentals, making it ideal for investors seeking both stability and upside in a supply-constrained submarket. 6-unit townhome-style apartment building consisting of spacious 2-bedroom, 2-bath units averaging approximately 993 SF. Each unit features a two-story layout with 2 parking spaces per unit, on-site coin-operated laundry, and recent upgrades including HVAC and electrical panels. First time on the market in over 30 years with significant rental upside. Located in a desirable Altadena/Pasadena submarket near N. Allen Ave and New York Dr, the property benefits from a quiet residential setting with close proximity to major employment centers, retail corridors, and Pasadena amenities. The area is known for strong tenant demand, high-income demographics, and limited multifamily inventory.

1836 N Allen, Pasadena
$1,750,000
P1-26542 MLS ⋅ Active Status
Located in the desirable North Central Pasadena neighborhood, 1500 Navarro presents a rare opportunity to acquire a well-maintained, income-producing asset with strong in-place cash flow. This 6-unit multifamily property consists of one-bedroom units, fully occupied with stable Section 8 tenants, offering reliable and consistent rental income.Built in 1950 and held under long-term ownership, the property has been thoughtfully maintained, reflecting pride of ownership. Each unit is equipped with in-unit laundry--an increasingly sought-after amenity--enhancing tenant satisfaction and retention.The property offers one dedicated parking space per unit, along with additional storage cupboards conveniently located at each parking space. Residents also enjoy a shared outdoor common area, creating a comfortable and functional living environment. Ample street parking further adds to the property's accessibility for tenants and guests.Situated in a charming and established pocket of Pasadena, the property is ideally located near local shops, dining, and essential services, making it highly attractive. With its combination of location, stability, and amenities, 1500 Navarro is an excellent opportunity for investors seeking a low-maintenance asset with dependable returns and long-term upside.Ideal for both seasoned investors and those looking to enter the Pasadena multifamily market, this property delivers on all fronts: location, stability, and consistent performance.

1500 Navarro Avenue, Pasadena
$2,999,000
P1-26511 MLS ⋅ Active Status
421 N Euclid is a charming Craftsman property featuring 14 units in a prime location close to Old Town Pasadena, the Paseo Colorado, local colleges, and convenient access to freeways and the Gold Line. Set on a generous lot, the property has been thoughtfully improved in recent years, including extensive wood repairs, the addition of new stone staircases, and reinforcement of the charming brick front porch. There are wonderful Craftsman details such as fireplaces, built-in cabinetry, and picture rail molding. In addition, all but two units have been updated with new flooring and new windows.The property includes two separate buildings, with a total square footage of 7,089 square feet approximately. The original front structure, built in 1898 has approximately 4,732 square feet (with 9 units). The back structure was built at a later time and has approximately 2,357 square feet (with 5 additional units). The 14 units are comprised of the following makeup: one 2-bedroom/1 bathroom, seven 1-bedroom/1 bath units, and six studios. Both buildings showcase timeless Craftsman architecture. The front building's entry is enhanced by a pergola over the brick patio, and river rock accents add character along the bases of the buildings and the welcoming entry columns. Additional amenities include coin-operated community laundry and eight parking spaces.Don't miss this rare opportunity to own a well-maintained, character-rich Craftsman property in historic Pasadena, offering lasting appeal and strong investment potential.

421 N Euclid Avenue, Pasadena
$5,595,000
P1-26139 MLS ⋅ Active Status
Located just one block west of the vibrant and desirable South Lake Avenue District of Pasadena offering a variety of fine dining and casual eateries, financial services, transportation, personal service establishments, boutique and major retailers, has this multi-family, fourteen unit building much to offer to residents and investors alike. Spacious units, covered surface parking, onsite laundry room, and more.Please respect the current tenants and do not go on to the property or make direct contact with the tenants. Thank you

295 S Hudson Avenue, Pasadena
$2,975,000
P1-26103 MLS ⋅ Active Status
Located on North Lake Avenue, the major north/south corridor from Pasadena to Altadena providing a variety of eateries, financial services, transportation, personal service establishments, boutique and major retailers, has this multi-family, twelve unit building much to offer to residents and investors alike. Spacious units, covered surface parking, onsite laundry room, and more. Please respect the current tenants and do not go on to the property or make direct contact with the tenants. Thank you

1677 N Lake Avenue, Pasadena
$1,000,000
P1-25672 MLS ⋅ Active Under Contract Status
PLEASE DO NOT DISTURB TENANTS.In the heart of Pasadena, this unique offering presents the best of both worlds: two fully detached homes, each with its own private, gated backyard, set on over 10,000 square feet of lushly landscaped grounds.The front residence is a charming early 20th-century Craftsman Bungalow, featuring two bedrooms and one bath, and capturing the warmth and character of a bygone era. Tucked quietly behind it, the Spanish-style home offers one bedroom and one bath, showcasing original built-ins, beautiful wood detailing, and the distinctive artistry that defines Pasadena's historic architecture.Both homes enjoy soft natural light throughout the day, mature trees, tranquil garden settings, and separate gated yard spaces, creating a true sense of privacy. The property also includes two dedicated parking spaces adjacent to a one-and-a-half-car garage.Ideally located just two blocks north of Washington Park and minutes from Pasadena City College, Caltech, and the 210 Freeway, this property balances peaceful living with exceptional convenience.Whether imagined as a multi-generational compound, or that income property you've been looking with enormous potential, the possibilities are truly endless.Both homes are currently tenant-occupied.

1501 N El Molino Avenue, Pasadena
$1,299,000
SR26014188 MLS ⋅ Active Status
**MAJOR PRICE REDUCTION! Delivered VACANT at the Close of Escrow!** A rare opportunity to own a move-in-ready duplex in one of Pasadena's most sought-after neighborhoods. Whether you're looking to live in one unit and rent the other, create a multigenerational living arrangement, or maximize rental income with tenants of your choice, this property offers exceptional flexibility from day one. The property features two spacious residences, each offering approximately 1,111 square feet with 2 bedrooms and 1 bathroom. Both units feature comfortable, functional floor plans with central heating and air conditioning, bright living rooms with charming fireplaces, dedicated laundry rooms, dining rooms, and private one-car garages. The property also includes a private side & back yard, providing additional outdoor living space. With the property being delivered completely vacant, you'll have the freedom to renovate, occupy, or lease both units immediately without the challenges of existing tenants. Combined with the recent substantial price reduction, this is an outstanding opportunity for both investors and owner-occupants seeking long-term value in one of Southern California's most desirable communities. Conveniently located near Pasadena City College, Old Town Pasadena, shopping, restaurants, parks, and major commuter routes, this is a property that offers both lifestyle and investment potential. Opportunities like this are becoming increasingly difficult to find in Pasadena—don't miss your chance.

79 N Berkeley, Pasadena
$2,498,888
GD26007809 MLS ⋅ Active Status
Located at 2010 N. Los Robles Ave., just south of Woodbury, this 8-unit courtyard-style apartment building offers an excellent unit mix and strong rental appeal. The property consists of six spacious one-bedroom/one-bath units averaging approximately 735 sq. ft., along with two large two-bedroom/one-bath townhome units of approximately 935 sq. ft. Residents enjoy a charming central courtyard and patio area, front and back private entrances, washer/dryer hookups, and select units with private patio seating. The property also includes eight single-car garages plus additional open parking spaces. Ideally located just minutes from Old Town Pasadena, the Rose Bowl, the 210 Freeway, and JPL, this well-maintained property presents a compelling opportunity for investors seeking a stable asset in a highly desirable rental market

2010 N Los Robles Avenue, Pasadena
$850,000
PF25282052 MLS ⋅ Active Status
2 UNITS, both are 2-bed, 1-bath, with a living room, and dining room, separated by a 2-car carport. Located on an expansive, large lot with plenty of room to add a third unit ADU (Check with the city, property is zoned RM-12). GREAT LOCATION - Located just east of the Rose Bowl, and minutes away from the freeway, and Old Town Pasadena. The property was built in 1961 and has a total of 1800 sq.ft. (900 sq.ft. a unit), and lot size of 7,665 sq.ft. The property is gated with a long concrete driveway, has newer windows, and the roof was installed in 2020. Property is delivered fully occupied. Please do not disturb tenants. This property is perfect for investors looking to modernize and maximize rental income. Don't miss out on this opportunity!

691 Lincoln Avenue, Pasadena
$2,499,000
GD25275509 MLS ⋅ Active Status
Welcome to 1670 & 1672 N Oxford Ave and 1660 Oakwood St, located in sought-after Northeast (Unincorporated) Pasadena. This exceptional multi-unit property offers outstanding versatility and income potential. The property features a fully remodeled main residence with 3 bedrooms and 2 bathrooms, along with two accessory dwelling units (ADUs): ADU #1: 2 bedrooms, 1 bathroom — new construction completed in 2024 ADU #2: 1 bedroom, 1 bathroom The entire property has undergone a comprehensive renovation, including a new roof, updated electrical, plumbing, HVAC systems, and more—providing peace of mind and long-term value. Each unit is equipped with separate gas and electric meters, while the water meter is shared. Enjoy ample unrestricted street parking and low-maintenance concrete landscaping throughout the property. Currently, two units are tenant-occupied with leases in place through November 2026, while one unit is owner-occupied, making this an ideal opportunity for both investors and owner-users.

1670 N Oxford Avenue N, Pasadena
$1,829,000
GD25274730 MLS ⋅ Active Status
Turnkey Four-Unit Apartment in Prime Pasadena Location. Welcome to 343 W Howard St, a beautifully upgraded four-unit apartment building in one of Pasadena’s most desirable neighborhoods. Built in 1964, this well-maintained, single-story property offers an excellent investment opportunity with fully renovated interiors, modern amenities, and strong rental potential. Spanning 3,408 square feet on an 8,802-square-foot lot, the building features four spacious two-bedroom, one-bathroom units, each approximately 850 square feet. Every unit has been fully upgraded, including: New flooring throughout Modern kitchens with shaker cabinets, quartz countertops, and stainless steel appliances Stylish remodeled bathrooms with new vanities and designer tile work In-unit laundry machines (owned by the seller) Updated ceiling lighting & individual water heaters The exterior has also received significant upgrades, including new paint, double-pane windows, copper plumbing in each unit, and a re-lined sewer pipe (buyer to verify). Parking is provided by a detached five-space carport, with one extra space available for rental income. Importantly, no soft-story retrofit is required. Situated less than a mile from Brookside Golf Course and just 1.3 miles from the iconic Rose Bowl Stadium, this property offers easy access to Old Town Pasadena, the Lake Avenue shopping district, The Paseo, museums, theaters, grocery stores, and a variety of top-tier restaurants and cafes. With its prime location, modern renovations, and income-producing potential, 343 W Howard St presents an exceptional investment opportunity in the heart of Pasadena. Located less than a mile from Brookside Golf Course and 1.3 miles from the iconic Rose Bowl Stadium, the property is in close proximity to some of Pasadena’s best amenities, including Old Town Pasadena, the Lake Avenue shopping district, The Paseo on Colorado, museums, theaters, grocery stores, and a variety of restaurants and cafes. Exceptional opportunity for investors looking to acquire a fully upgraded, well-located, and income-producing asset in one of Pasadena’s most sought-after neighborhoods.

343 W Howard Street, Pasadena
$1,390,000
GD25263984 MLS ⋅ Active Status
Attention Investors, Future Pasadena Buyers, and 1031 Exchange Clients! The Tax Assessor shows this as a 3-unit property; however, upon inspection, you’ll find it actually functions as a 4-unit property! Located in one of Pasadena’s most desirable and centrally located neighborhoods, this property consists of three 1-bedroom/1-bath units and one large vacant studio (approximately 1,000 sq. ft.). Separate 2 car garage and basement. Room to put laundry room in the basement. Check with the City. Current rents for the one-bedroom units are $1,471, $1,568, and $1,409. This is an excellent opportunity to restore charming Craftsman-style units, capitalize on strong rental demand, and explore the potential to add ADUs—buyer to verify with the City of Pasadena. Don’t miss out—submit your best offer!

325 S Los Robles Avenue, Pasadena
$7,500,000
AR25178432 MLS ⋅ Active Status
Discover a prime turnkey 3-story apartment building just blocks from the renowned California Institute of Technology. This fully rehabbed property features upgraded electrical systems, 80% replumbed infrastructure, and individual electric meters. The completed soft story retrofit enhances safety and stability, while each unit boasts new bathrooms, kitchens, and flooring. Equipped with in-unit washer/dryer combos, stoves, refrigerators, and microwaves, these apartments are designed for easy rental and high occupancy rates. With its strategic location near Caltech, this property is an outstanding opportunity for investors seeking a cash-flowing asset in a desirable area.

160 S Michigan Avenue, Pasadena
$2,250,000
6 Beds ⋅ 4 Baths ⋅ 23305107 MLS ⋅ Active Under Contract Status
Residential income in the highly desirable area of Pasadena. 2 separate structures. Property will be leased back by the owner for $10,000.00 per month Triple net. Tenant will execute a new five year lease with annual rent adjustments. Owner operates a program for teenagers and their families. The program is after school only and not overnight. Owner operates six additional facilities and is wanting to expand. Name of the program is Insight treatment.

769 N Orange Grove Boulevard, Pasadena
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.