8
Bedrooms
$2,195,000
FOR SALEPasadena, CA
MLS# 26942719
Alexander Metaxas
Listing Agent
Realty Investment Advisors, Inc.
DRE #: 01784652
(626) 487-4300Brokerage: Realty Investment Advisors, Inc.
Benjamin J. Hsiang
Co-Listing Agent
Realty Investment Advisors, Inc.
DRE #: 01438644
Brokerage: Realty Investment Advisors, Inc.
8
Bedrooms
6
Bathrooms
4,407 sqft
Square Feet
N/A
Year Built
8,265 sqft
Lot Size
$498
Price/Sq Ft
N/A
Garage Spaces
N/A
HOA
N/A
Property Type
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
Earthquake data is shown from a real public source (USGS)
Loading hazard data...
Closed sales reported in 91106, nearest first, last 12 months. All recent sales in Pasadena →
1124 Cordova Street
Contact Listing Agent