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Pasadena, CA Multifamily Homes & Duplexes for Sale

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  • /8

    $1,950,000

    • 9 Beds
    • 6 Baths
    • 3,875 Sq Ft

    693 Santa Barbara St, Pasadena, CA 91101

    Great potential for investors or owner to live at front 3 bedroom+1 bonus room house, and collect great incomes from the other 3 units. Located in quiet neighborhood. Walking distance to Metro Gold Line & Lake Ave. Two Buildings with 4 Total Units. The front building has 3 bedroom plus 1 bonus room (2 bedroom and bonus room downstairs & 1 bedroom upstairs) with 3 bathroom, about 1,636 sq Ft. The

    Agent Photo

    Jenny Wu

    IDEAL REALTY

    (844) 996-2134

    693 Santa Barbara St, Pasadena, CA 91101
  • /7

    $1,829,000

    • 6 Beds
    • 4 Baths
    • 3,408 Sq Ft

    343 W Howard St, Pasadena, CA 91103

    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

    Agent Photo

    Vartan Ambarian

    Keller Williams R. E. Services

    (877) 565-8067

    343 W Howard St, Pasadena, CA 91103
  • /41

    $1,695,000

    • 5 Beds
    • 3 Baths

    1561 E Elizabeth St, Pasadena, CA 91104

    Exceptional opportunity to own a versatile income property in one of Pasadena's most desirable neighborhoods. This beautifully maintained 1924 Craftsman sits on a spacious 7,984 sq. ft. lot and offers multiple rental streams or multi-generational living options, blending timeless character with modern adaptability.The main residence currently features 3 bedrooms and 2 bathrooms, showcasing

    Agent Photo

    Lena Jemelian

    Compass

    (844) 656-3512

    1561 E Elizabeth St, Pasadena, CA 91104
  • /38

    $2,880,000 New Construction

    • 8 Beds
    • 10 Baths
    • 5,038 Sq Ft

    1282 N Summit Ave, Pasadena, CA 91103

    Stunning New Construction in North PasadenaBuilt in 2022, this impressive property features two spacious units on an expansive 15,268-square-foot flat lot.Located on a picturesque street in north Pasadena, just moments from Orange Grove, Old Town, La Pintoresca Park, Robinson Park, Brenner Park, and Washington Park, these units boast identical floor plans. Each unit encompasses

    FENG CHEN Upworld Realty

    1282 N Summit Ave, Pasadena, CA 91103
  • /40

    $3,300,000

    • 3 Beds
    • 2 Baths
    • 4,952 Sq Ft

    59 S Meridith Ave, Pasadena, CA 91106

    7 Unit Apartment building in Pasadena, CA located walking distance (1 block away) from Pasadena City College (PCC). 4 units are currently vacant and used as short-term rental (Airbnb). Airbnb business will also be included in the sale (135 reviews at 4.92 rating with “Guest Favorite” award). Unit mix: 2 x (2B+1B) and 5 x (1B+1B). Laundry room on site with 1 coin operated washer and 1 coin

    DONALD LA DONALD LA REALTY

    59 S Meridith Ave, Pasadena, CA 91106
  • /18

    $1,800,000

    • 10 Beds
    • 4 Baths
    • 3,168 Sq Ft

    1325 Glen Ave, Pasadena, CA 91103

    This Duplex offers a total of 10 bedrooms and 4 bathrooms, each unit has 5 bedrooms 2 baths, 1 bedroom and 1 bathroom on the lower level, along with 3 bedrooms and 1 bathroom on the upper level. Formerly used as a rehabilitation center and, more recently, for religious services, the property presents excellent potential for a variety of uses, such as student housing, a wellness center, board and

    David Wong Pinnacle Real Estate Group

    1325 Glen Ave, Pasadena, CA 91103
  • /14

    $4,850,000

    • 25 Beds
    • 24 Baths
    • 13,859 Sq Ft

    485 E Washington Blvd, Pasadena, CA 91104

    ***SELLER WANTS TO SEE ALL OFFERS***ONE OF THE BEST CAP RATES IN PASADENA RIGHT NOW*** OVER 6% CASH ON CASH RETURN with solid rent growth as units turn over and become vacant. Over all this is a fantastic bread-n-butter apartment investment on almost ONE ACRE of land. Super strong rental location of Pasadena with low maintenance type buildings. Two single-story buildings offering a unit mix

    Alexander Metaxas Realty Investment Advisors, Inc.

    485 E Washington Blvd, Pasadena, CA 91104
  • /20

    $2,150,000

    • 6 Beds
    • 7 Baths
    • 4,004 Sq Ft

    467 S El Molino Ave, Pasadena, CA 91101

    PRICED TO SELL. Rare opportunity for both investors and developers to acquire this Prime location 6-unit property, with over a 12,000 sqft lot, in the heart of Pasadena. Hold on to it as is, build a couple ADU's or new development. Approximately $12k/mo income. 2 short blocks from S. Lake Ave where shopping and restaurants are plentiful. Very close proximity to Old Town Pasadena, Cal Tech,

    Darius Majlessi Sotheby's International Realty

    467 S El Molino Ave, Pasadena, CA 91101
  • /5

    $1,895,000

    • 2 Beds
    • 2 Baths
    • 5,640 Sq Ft

    696 Earlham St Unit 6, Pasadena, CA 91101

    The property offers a very desirable mix of SIX 2Bdr units, each with 1 1⁄2 baths. Units are individually metered for gas and electricity. Two of the units have been recently remodeled. The property also features SIX carport parking spaces and community laundry. Property is conveniently located to 210 and 710 freeways.

    Frank Sciotto Integrated Capital Solutions

    696 Earlham St Unit 6, Pasadena, CA 91101
  • /27

    $1,600,000

    • 4 Beds
    • 2 Baths
    • 3,378 Sq Ft

    1052 E Villa St, Pasadena, CA 91106

    First Time for Sale Since 1979, Fourplex near Old Town Pasadena and adjacent to several new condominiums, Significant Rental Upside, Easy to Manage and Rent, All 2bedroom units. 1056-1052 N Catalina Ave, a value-add fourplex in a highly desirable location in the City of Pasadena, CA. This property has been very well maintained by current family who have owned it since 1979. The property is in a

    Han Widjaja-Chen Growth Investment Group Pasade

    1052 E Villa St, Pasadena, CA 91106
  • /9

    $7,900,000

    • 3 Beds
    • 5 Baths

    275 Garfield Ave, Pasadena, CA 91101

    Welcome to 275-285 N Garfield Avenue, a rare multi-parcel investment opportunity nestled in the heart of Pasadena'sprestigious Civic Center District. Spanning two adjacent buildings with a combined total of 35 units, this charming courtyard-style property blends classic Southern California architecture with long-term rental stability. Just steps from Pasadena City Hall, the USC, Pacific Asia

    Jae Buck Meridian Capital Realty

    275 Garfield Ave, Pasadena, CA 91101
  • /29

    $3,600,000

    • 1 Bed
    • 1 Bath
    • 7,882 Sq Ft

    540 N Catalina Ave, Pasadena, CA 91106

    12-unit Value-add near Old Town Pasadena, Very Well Maintained, First Time for Sale Since 1984, Significant Rental Upside, Easy to Manage and Rent, Upgraded Electrical Panels, Carport Parking, Simple Unit Mix. Proforma CAP Rate 6.39%.VILLA CATALINA - 530-540 N Catalina Ave, a 12-unit value-add apartment in a highly desirable location in the City of Pasadena, CA. These 2 properties have

    Han Widjaja-Chen Growth Investment Group Pasade

    540 N Catalina Ave, Pasadena, CA 91106
  • /23

    $1,395,000

    • 5 Beds
    • 2 Baths
    • 1,877 Sq Ft

    490 Palisade St, Pasadena, CA 91103

    Charming Remodeled 2 units near the Iconic Rose Bowl in Pasadena! Perfectly suited for modern living, each unit features updated finishes, spacious layouts, and an ideal location.Unit 1 consists of a 2 Bed / 1 Bath. Unit has been thoughtfully remodeled. From the open-concept living space to the fully upgraded kitchen with stainless steel appliances, everything has been designed for

    Rudy Felix VIP RE Firm

    490 Palisade St, Pasadena, CA 91103
  • /52

    $1,175,000

    • 5 Beds
    • 3 Baths
    • 1,484 Sq Ft

    63 Yale St, Pasadena, CA 91103

    Duplex on Expansive Lot-Discover a rare gem in the heart of Pasadena! Huge Lot with Endless Potential! This well maintained duplex spans 1,484 sq ft on a 9,501 sq ft lot, in the sought-after 91103 Zip Code. With a total of 5 bedrooms. Front Unit 2 bedrooms, 1 bathroom, and 3 bedrooms 1.75 bathrooms at Rear Unit, and a Shed that was roughly used as a studio unit, all of this and there is still a

    Claudia Carrillo

    63 Yale St, Pasadena, CA 91103
  • /33

    $6,500,000

    • 1 Bed
    • 4 Baths
    • 12,780 Sq Ft

    259 N Euclid Ave, Pasadena, CA 91101

    Prime 23-unit Value-add in heart of Pasadena Civic Center, Walk to Old-Town, High 5.5% ACTUAL CAP Rate w/ Close to 7% Proforma CAP in a Class-A Location, Efficient Unit Mix, High Density Commercial Zoned Lot, Irreplaceable Location with Over 5% Cash-on-Cash Return.a prime value-add multifamily investment opportunity located in one of the best areas in Pasadena. Situated in the Civic

    Han Widjaja-Chen Growth Investment Group Pasade

    259 N Euclid Ave, Pasadena, CA 91101
  • /30

    $1,450,000 Open Sat 11AM - 2PM

    • 4 Beds
    • 3 Baths
    • 1,797 Sq Ft

    881 Winona Ave, Pasadena, CA 91103

    This Craftsman duplex, built in 1905 and updated over time, features two vacant units. Lower Unit (approx. 1,176 sq. ft.): 3 bedrooms and 2 bathrooms. The living room includes a fireplace, chandelier, and wood-beamed ceiling. The dining area has a built-in buffet. The primary bedroom at the rear has a walk-in closet and private bath. Two additional bedrooms share a bathroom with a jack-and-jill

    Rupi Azrot LISTLEAN

    881 Winona Ave, Pasadena, CA 91103
  • /2

    $1,999,000

    • 6 Beds
    • 3,673 Sq Ft

    49 S Grand Oaks Ave, Pasadena, CA 91107

    This charming 8-unit multifamily property, located at 49 S. Grand Oaks Ave in Pasadena, presents an exceptional investment opportunity with significant rental upside potential. Nestled in a highly desirable neighborhood, this well-maintained building is within walking distance to vibrant Old Town Pasadena, offering easy access to shops, restaurants, parks, and public transit. Property was

    Mark Trueblood TRUMARK Real Estate Management

    49 S Grand Oaks Ave, Pasadena, CA 91107
  • /18

    $4,490,000

    • 3 Beds
    • 4 Baths
    • 8,568 Sq Ft

    221 N Raymond Ave, Pasadena, CA 91103

    Attractive Interest Only Seller Financing Offered to Well Qualified Buyers (50% down, 12 month interest only at 5.50%, due in 12 months).The Fannie Bonham Row House, located at 221 N Raymond Ave, Pasadena, is the only remaining example of rowhouse construction in the city and a proud recipient of the City of Pasadena’s Historic Preservation Award. Originally built in 1898 and meticulously

    Albert Le LE INVESTMENT GROUP

    221 N Raymond Ave, Pasadena, CA 91103
  • /40

    $4,150,000

    • 1 Bed
    • 2 Baths
    • 4,774 Sq Ft

    411 417 N Euclid Ave, Pasadena, CA 91101

    Highly Desirable Single Story 10-units near Old Town Pasadena, Very Attractive Return w/ 5.25% Current CAP Rate, Excellent Location, Large lot size, Secured Entrance with Private Patio, Almost All Units are Fully Upgraded. 411-417 N Euclid Ave, a very attractive 10-unit Single-story apartment investment, only several blocks north of Old Town Pasadena. This offering provides a very attractive

    Han Widjaja-Chen Growth Investment Group Pasade

    411 417 N Euclid Ave, Pasadena, CA 91101
  • /26

    $1,888,000

    • 4 Beds
    • 3 Baths
    • 2,225 Sq Ft

    900 S Los Robles Ave, Pasadena, CA 91106

    This Charming single story duplex offers a perfect blend of historic character, and modern comfort. Located in the Timless Elegance of Madison Heights!!The main house -900 S. Los Robles features a 3-bedrooms/2baths, English Cottage with 1,487 sf., with a basement and a attic space., large patio and 2 parking spacesThe cozy back house- 902 S. Los Robles offer 738 sf of versatile living

    Amy Reed Wetrust Realty

    900 S Los Robles Ave, Pasadena, CA 91106
  • /22

    $1,750,000

    • 3 Beds
    • 2 Baths
    • 3,684 Sq Ft

    405 409 N Euclid Ave, Pasadena, CA 91101

    Triplex + 2 brand New ADUs investment property only several blocks north of Old Town Pasadena. The property consists of a charming 2 story bungalow building (3 units) and a garage that was converted into 2 brand new ADUs. It is situated on a large ±11,630 SF lot. It offers an excellent unit mix of two (2) x 2bedroom+1bathroom, and three (1) x 1bedroom+1bathroom unit. Due to its configuration, it

    Han Widjaja-Chen Growth Investment Group Pasade

    405 409 N Euclid Ave, Pasadena, CA 91101
  • /17

    $899,000

    • 4 Beds
    • 2 Baths
    • 1,784 Sq Ft

    1034 Locust St, Pasadena, CA 91106

    Two detached units on a 9,452 sq ft R3 lot, just steps from Pasadena City College. Front: 2 bed/1 bath with a month-to-month tenant, Rear: 2 bed/1 bath — ready to lease or owner-occupy. Strong rent growth potential. Low price per sq ft, walkable location, and a stable rental market make it ideal for 1031 exchange, buy-and-hold, or development. 1036 front unit 1158 sqft, 1034 back unit 626

    David Lo Universal Elite Inc.

    1034 Locust St, Pasadena, CA 91106
  • /14

    $2,600,000

    • 13 Beds
    • 12 Baths
    • 8,358 Sq Ft

    720 Santa Barbara St, Pasadena, CA 91101

    Welcome to 720 Santa Barbara Street, a rare and charming multifamily offering nestled in the heart of Pasadena's desirable Olive Heights neighborhood. This unique property is comprised of four distinct residential structures spanning nearly a century of architectural history from the early 20th century through the post-war era offering a blend of classic Southern California charm and stable

    Morgan McMullin Keller Williams Beverly Hills

    720 Santa Barbara St, Pasadena, CA 91101
  • /30

    $7,500,000

    • 17 Beds
    • 10 Baths
    • 1 Sq Ft

    160 S Michigan Ave, Pasadena, CA 91106

    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

    Matt Ly Coldwell Banker Realty

    160 S Michigan Ave, Pasadena, CA 91106
  • /66

    $2,589,000

    • 12 Beds
    • 6 Baths
    • 5,230 Sq Ft

    638 N Mar Vista Ave, Pasadena, CA 91106

    Charming 6-Unit Bungalow Investment – Prime Pasadena Location!Rare opportunity to own a 6-unit, single-story bungalow-style apartment property in the heart of Pasadena, just a block from the historic Bungalow Heaven district. Situated on a large ±16,466 SF R3 lot, this well-maintained asset includes five freestanding structures totaling ±5,230 SF of living space.Each of the six units is a

    Wei Wang RE/MAX CHAMPIONS

    638 N Mar Vista Ave, Pasadena, CA 91106
  • /5

    $1,020,000

    • 3 Beds
    • 2 Baths
    • 1,392 Sq Ft

    709 N Holliston Ave, Pasadena, CA 91104

    Welcome to 709 & 711 Holliston Avenue, a rare duplex opportunity located in Pasadena's highly sought-after Bungalow Heaven Landmark District. This charming mid-century property features two well-maintained units on a generous lot, offering flexible living and income-generating potential. Unit 709 offers 1 bedroom and 1 bathroom across approximately 630 sq ft, while Unit 711 includes 2 bedrooms

    Allan Carl Murrell Berkshire Hathaway Home Services Golden Properties

    709 N Holliston Ave, Pasadena, CA 91104
  • /31

    $899,000

    • 4 Beds
    • 2 Baths
    • 1,526 Sq Ft

    1062 Worcester Ave, Pasadena, CA 91104

    This multi-family duplex is located in the Garfield Heights area of Northwest Pasadena, a quiet and well-connected neighborhood. Just minutes from Old Town Pasadena, the Rose Bowl Stadium, and local parks, it also offers easy access to schools, supermarkets, retail shops, public transit, and various local amenities. A central location and strong rental appeal.This duplex includes two separate

    Jerry Sun RE/MAX Premier Properties

    1062 Worcester Ave, Pasadena, CA 91104
  • /28

    $1,500,000

    • 4 Beds
    • 2 Baths
    • 1,879 Sq Ft

    1266 N Mentor Ave, Pasadena, CA 91104

    Nestled in the prestigious and highly coveted Bungalow Heaven Historic District, this exceptional duplex residence offers a rare opportunity to own a piece of Pasadena's architectural heritage.The Front Residence is a striking Craftsman jewel, brimming with character and original details. A welcoming, expansive front porch sets the tone for what lies within. Step inside to a light-filled living

    Pei-Chi Chang Berkshire Hathaway Home Servic

    1266 N Mentor Ave, Pasadena, CA 91104
  • /61

    $1,698,000

    • 3 Beds
    • 4 Baths
    • 2,846 Sq Ft

    325 S Los Robles Ave, Pasadena, CA 91101

    Investor’s Dream in Prime Pasadena – Rare 4-Unit Craftsman Corner Lot OpportunityCalling all investors/developers/builders, future Pasadena buyers and 1031 Exchange buyers – your next high-upside project is here! This exceptional Pasadena quadruplex offers a rare opportunity to acquire two adjacent properties at a high-visibility corner lot in one of Pasadena’s most desirable and centrally

    Odette Peters Coldwell Banker Hallmark

    325 S Los Robles Ave, Pasadena, CA 91101
  • /36

    $3,500,000

    • 4 Beds
    • 3 Baths
    • 4,250 Sq Ft

    103 N Catalina Ave, Pasadena, CA 91106

    Presenting Catalina Cottages, a ten-unit multifamily property located just steps from Pasadena’s South Lake District. The unit mix consists of one 2-bedroom, 1-bath unit and nine single units, including two recently added ADUs. The property has undergone recent renovations, including the addition of two ADUs. Several units have been updated, and two units remain with value-add potential. The

    Nick Borrelli Coldwell Banker Realty

    103 N Catalina Ave, Pasadena, CA 91106
  • /8

    $3,600,000

    • 6 Beds
    • 3 Baths
    • 10,571 Sq Ft

    719 721 N Garfield Ave, Pasadena, CA 91104

    Garfield Apartments is a well-located, 16-unit, value-add opportunity in the desirable city of Pasadena, CA. This gated community features an attractive unit mix of 1, 2, and 3-bedroom units. Property amenities include covered parking, gas cooking, individual gas and electric meters, and a shared laundry facility. Recent capital improvements include soft-story retrofitting, a new roof (2020),

    Ryan Loria Triqor Group

    719 721 N Garfield Ave, Pasadena, CA 91104
  • /37

    $1,065,000

    • 5 Beds
    • 3,164 Sq Ft

    1156 Steuben St, Pasadena, CA 91106

    Unique investment opportunity in the heart of Pasadena—perfectly situated within walking distance to Colorado Boulevard, Pasadena City College, and Caltech. This property, zoned RM48, offers significant development potential in one of the most desirable and transit-accessible neighborhoods in the city. While the tax records show the property as a duplex, it is currently operating with five

    Enrique Liza COMPASS

    1156 Steuben St, Pasadena, CA 91106
  • /40

    $1,300,000

    • 3 Beds
    • 3 Baths
    • 7,684 Sq Ft

    35 Columbia St, Pasadena, CA 91105

    Welcome to this charming and spacious 1,725 square foot single-level duplex located on the desirable Columbia Street in Pasadena. #37 is a 2-bedroom, 2-bathroom home currently at $2,233 per month, offering an ideal blend of comfort, functionality, and classic Pasadena charm. The open-concept layout features a living area filled with natural light, ideal for relaxing or entertaining. A

    Garrett Chan Compass

    35 Columbia St, Pasadena, CA 91105
  • /13

    $2,750,000

    • 8 Beds
    • 8 Baths
    • 3,520 Sq Ft

    1830 E Villa St, Pasadena, CA 91107

    Excellent investment opportunity in the heart of Pasadena, a two story apartment with total eight units, all one bedroom and one bath, Each unit is around 440 Sqft, it has a high rental demand. Four carports plus four parking spaces. All units have individual electrical and gas meters, some units have updated kitchen countertops and cabinets, updated bathtubs and toilets, copper plumbing;

    Fred Lam IRN Realty

    1830 E Villa St, Pasadena, CA 91107
  • /12

    $2,680,000

    • 3 Beds
    • 2 Baths
    • 6,904 Sq Ft

    610 N Oakland Ave, Pasadena, CA 91101

    Oakland Apartments is an 8-unit apartment building located in the desirable city of Pasadena, CA. This property offers an ideal unit mix of large 1- and 2-bedrom units with amenities that include laminate wood flooring, stainless steel appliances, quartz countertops, custom kitchen cabinetry, and upgraded bathrooms. The property features carport parking spaces, individual gas and electric meters,

    Ryan Loria Triqor Group

    610 N Oakland Ave, Pasadena, CA 91101
  • /40

    $3,800,000

    • 7 Beds
    • 4 Baths
    • 8,340 Sq Ft

    517 E Washington Blvd, Pasadena, CA 91104

    Pride-of-Ownership 10-unit (4 Houses & 2 Triplexes) on a large 21k SF R3 Zoned Lot, Excellent Unit Mix, Gated, Garage Parking, Drawings for 2 ADUs are included. MONTANO VILLAS, a 10-unit garden style apartment investment opportunity located in the City of Pasadena, CA. This exceptional property comprises 4 bungalows/houses and 2 triplexes and is situated on a large ±20,911sf R3 lot. This

    Han Widjaja-Chen Growth Investment Group Pasade

    517 E Washington Blvd, Pasadena, CA 91104
  • /49

    $1,755,000

    • 4 Beds
    • 3 Baths
    • 2,057 Sq Ft

    261 N Oak Ave, Pasadena, CA 91107

    DO NOT DISTURB. DRIVE BY ONLY. Pasadena mini-compound featuring 2 detached homes with room for a third. Extra deep 8737 sq ft lot (approx. 1250 extra sq feet) affords more land that could re-imagined into green space, pool/patio, car parking or add a third unit/studio/ADU/garage. The main unit is new construction with approximately 1292 sq ft, 2 bedrooms, 2 baths with 2 outdoor entertainment

    Mark Berger Keller Williams Realty-Studio City

    261 N Oak Ave, Pasadena, CA 91107
  • /55

    $14,900,000

    • 3 Beds
    • 2 Baths
    • 36,228 Sq Ft

    820 N Raymond Ave, Pasadena, CA 91103

    THE RAYMOND VILLA, a 50-unit value-add garden style apartment investment opportunity located in the highly desirable City of Pasadena, CA. The property is within walking distance (±1mile) to Rose Bowl Area and Old Town Pasadena, and situated on a quiet tree-lined street on Raymond Ave and Painter St. This investment offers an ASSUMABLE LOAN with ±57% Loan-To-Value (LTV) at very low 2.9%

    Han Widjaja-Chen Growth Investment Group Pasade

    820 N Raymond Ave, Pasadena, CA 91103
  • /8

    $1,299,000

    • 3 Beds
    • 2 Baths
    • 1,150 Sq Ft

    398 N Holliston Ave, Pasadena, CA 91106

    Positioned in one of Southern California’s most desirable neighborhoods, a walkable neighborhood minutes from Old Town Pasadena's thriving retail/dining corridor, Caltech, the Rose Bowl, and Metro Gold Line access. This duplex at 398-400 N Holliston Ave presents a high-potential opportunity for investors and developers seeking to capitalize on Pasadena’s robust rental market and enduring demand.

    Joanne Jen Hopeway Realty Group Corporation

    398 N Holliston Ave, Pasadena, CA 91106
  • /29

    $1,699,000

    • 7 Beds
    • 6 Baths
    • 3,793 Sq Ft

    1562 N Lake Ave, Pasadena, CA 91104

    Rare 4-Unit Residential Income property in North Pasadena. Ideal mix of 2 x (2B+2B), 1 x (2B+1B), 1x (1B+1B). Building Size is 3,793 SF situated on large 11,936 SF lot . Carport parking on site. All units are currently occupied and all tenants are current on rents.

    DONALD LA KW Executive

    1562 N Lake Ave, Pasadena, CA 91104

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Why Live in Pasadena

Pasadena's historic Old Town district features unique shops and architectural treasures, while cultural landmarks like the Norton Simon Museum and The Huntington Library showcase world-renowned art collections and botanical gardens. The city hosts the iconic Rose Bowl Stadium and annual Rose Parade, alongside architectural gems like the Beaux Arts Colorado Street Bridge and Italian Renaissance-style City Hall. Residents enjoy hiking to Eaton Canyon's waterfall, exploring Arlington Garden, and attending performances at the historic Pasadena Playhouse. The dining scene includes upscale options like The Raymond 1886 and Union Restaurant, plus local favorites such as Green Street Restaurant and The Luggage Room Pizzeria.

The real estate landscape varies by neighborhood. San Rafael Hills has a median single family home price of $1,612,000, while Linda Vista commands $3,110,000. Oak Knoll's median single family home price reaches $2,960,000. Condominiums in Old Town Pasadena start at a median price of $766,900 for one bedroom units and $1,195,000 for two bedrooms. Madison Heights offers more accessible condo options with median prices of $528,000 for one bedroom and $740,900 for two bedroom units.

Property taxes in Pasadena maintain a 0.69% effective rate, matching neighboring cities like Glendale and Los Angeles. The combined sales tax rate is 8.80%, including a 7.25% state rate and 1.55% local rate. California state income tax is 6.00% for yearly salaries of $41,901.

Educational options include highly rated public schools like San Marino High School and Pasadena High School. Private institutions such as Westridge School and La Salle College Preparatory maintain A+ ratings. The California Institute of Technology and Art Center College of Design add to the academic landscape. Commuters benefit from the Metro L Line light rail connection to downtown Los Angeles, plus local Pasadena Transit and LA Metro bus service.

Home Trends in Pasadena, CA

Housing Trends

Median Sale Price
$1,264,280
Median Single Family Sale Price
$1,600,000
Median Townhouse Sale Price
$1,187,000
Median 2 Bedroom Sale Price
$797,000
Median 1 Bedroom Sale Price
$595,000
Average Price Per Sq Ft
$833
Number of Homes for Sale
304
Last 12 months Home Sales
1,038
Months of Supply
3.50
Median List Price
$1,268,444
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%
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