48 50 S Parkwood Avenue, Pasadena, CA 91107

$1,600,000

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Sold Price
$1,600,000
List Price
$1,450,000
Closing Date
Apr 08, 2026
Status
CLOSED
MLS#
AR26026113
Year Built
1959
Lot Size
8,167
Acres
0.19
Lot Location
2-5 Units/Acre
Days on Market
24
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Excellent Pasadena Fourplex in Prime Location. A rare opportunity to own a well-maintained four-unit property in a highly desirable Pasadena neighborhood. The front house features 3 bedrooms and 2 bathrooms, with a fireplace. Behind the main residence are three separate one-bedroom, one-bath units, all in excellent condition. Each unit offers its own washer and dryer hookups, separately metered for gas and electric, providing convenience for tenants and ease of management for the owner. The property has been consistently well cared for and reflects pride of ownership throughout. Ideally located near public transportation, Pasadena City College, and Caltech, this property is an excellent owner user opportunity to live in the front house and have rental income from the 3 well maintained units. ________________________________________

Additional Information

Pool Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$109,356
Operating Expense
26735

Listing courtesy of Listing Agent: Hovig Dimejian (Hovig@bhhsgolden.com) from Listing Office: Berkshire Hathaway Golden Prop.

Listing sold by Pretam Fuqua from WeTrust Realty

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Calculator source: Real Geeks

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.