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71 Multi Family Homes For Sale in Pasadena, CA

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$1,975,000Est. Payment
-- Beds | -- Baths | -- Sqft

926 N Summit Avenue, Pasadena, CA 91103

Multi Family For Sale

Beautiful craftsman's style 4 plex located in NW Pasadena! The property offers an amazing lot size with 3 individual structures which are not attached or sharing any walls. The back 2 units and the front home (Craftsman) has undergone major renovations and remodeling. The front house has been split into 2 units with separate entrances. Currently at full occupancy! The property has been tastefully designed and remodel. With sleek contemporary finishes and upgrades. Property includes all appliances, All 3 structures have AHS warranty which covers all appliances. The property offers AC and Heat in all units, ample onsite parking. The property offers many possibilities, collect full cash flow or live in the front craftsman and collect rent from the back 2 units. Great location!! Close to amenities, retail and shopping.

$1,295,000Est. Payment
-- Beds | -- Baths | -- Sqft

1562 N Lake Avenue, Pasadena, CA 91104

Multi Family For Sale

Rare 4 unit residential income property in desirable north Pasadena. Long time owner (Property has not been on the market since 1996!!) Owner is currently living in front 2B+2B unit which can be delivered vacant. Ideal mix of 2 bedroom and 1 bedroom units. Building Size is 3,793 SF with oversized lot of 11,936 SF. Recent improvements have been made to the property: new paint on 1562, new landscaping, new roof on front porch and 2 window sections. Past upgrades: complete interior remodel, cooper plumbing, new electrical wiring, recess lighting, new windows, remodeled kitchen open floor plan, granite countertops, new cabinets and appliances, remodeled bathrooms, wood floors throughout, added rear patio room. Storage room can be converted to laundry room for 1st floor tenants by adding laundry machines to collect additional income.

$1,250,000Est. Payment
-- Beds | -- Baths | -- Sqft

628 634 N Mar Vista Avenue, Pasadena, CA 91106

Multi Family For Sale

Mid-Century Cottage Fourplex. Don't miss a wonderful opportunity to own a great bread-and-butter income property in central Pasadena. Only the third time on the market, this cottage fourplex is loaded with vintage charm. Comprising two similar and separate buildings, the four near-identical 1 BR and 1BA units are almost 700sf each. Additionally, there is a four-car carport at the rear of the property. All units are bright, featuring lots of windows, hardwood floors, renovated bathrooms, lots of storage, finished doors and woodwork throughout, laundry area inside each of the units and three units have tank-less water heaters. The buildings have been updated with copper plumbing and the entire exterior of the property and unit 634 was recently painted. Tenants pay their own utilities (gas, electric, trash) and the owner just pays for water. Opportunity knocks!

$1,600,000Est. Payment
-- Beds | -- Baths | -- Sqft

111 Marion Avenue, Pasadena, CA 91106

Multi Family For Sale

Great opportunity for homeowners and investors. An amazing duplex in a prime location. It is a walking distance to PCC and Caltech. The front unit has 4 bedrooms and 3 baths. The seller built a fence to the front unit's back yard for added privacy. The back unit has 2 bedrooms and 2 baths with central A/C. Both units have yard space to entertain your guests or extra parking. The seller recently made a considerable investment on the front unit. The property has a 4 cars garage attached to the back unit with electric garage doors. Convenient access to 210 FWY and Goldline station. Don't miss out on this great opportunity.

$815,000Est. Payment
-- Beds | -- Baths | -- Sqft

734 Manzanita Avenue, Pasadena, CA 91103

Multi Family For Sale

What an opportunity to own a centrally located duplex on an extra large lot with a spacious front and rear yards. Live in one and rent the other. Both units are two bedrooms and one bath. Tenant in rear unit has performed some improvements to the kitchen, bathroom and flooring. Front unit will need some work, but this is the chance to put your mark on it and make it your own. Fully fenced, including the front yard. Close to the 210, 134 and 110 freeways and all of the excitement and energy of Old Towne Pasadena. Minutes from JPL, CalTech, PCC. and Hahamongna Park Natural Reserve.

$1,295,000Est. Payment
-- Beds | -- Baths | 2,400 Sqft

1070 N Raymond Avenue, Pasadena, CA 91103

Multi Family For Sale

Raymond Apartments, is a 2,400 SF 3 unit (triplex) apartment building located in Pasadena, Ca. It was built in 1924/60 and renovated in 2015/16 creating a charming and highly desirable bungalow complex. With over $6,000 in monthly income, Raymond Apartments positions itself to offer an investor a stabilized triplex with flexible financing options. This well located triplex has great street visibility and finds itself located near an abundance of amenities and businesses.

$1,150,000Est. Payment
2 Beds | 4 Baths | 2,746 Sqft

270 Robincroft Dr, Pasadena, CA 91104

Multi Family For Sale

MIDCENTURY MODERN SFR + DETACHED DUPLEX! 270 Robincroft is a highly unique property that offers excellent value, pride of ownership condition, interesting architectural features, near market rents - and is offered at a very attractive price point. The property consists of a midcentury modern home that has two master bedroom suites and opens to a gated outdoor patio, plus a detached duplex with oversized studio apartments perched above parking and large storage rooms that can be used as gyms, offices, art/music studios, and much more. The property was remodeled in 2008 and is a fantastic stabilized asset for a new or seasoned investor. The single family home is 2 stories and appx. 1,750 SF, and laid out so that there are 2 master suites, one on the 2nd floor with views overlooking Pasadena, and one ground floor master with a separate entrance. This is an exceptional value for a house plus duplex in a quaint and quiet area of North Pasadena.

$894,000Est. Payment
4 Beds | 2 Baths | 1,408 Sqft

290 N Oak Avenue, Pasadena, CA 91107

Multi Family For Sale

Two Homes on one huge lot of 9382 SqFt. Updated front house was built in 1963, with 2 bedrooms, one bathroom and an attached 2 car garage. Back house was built in 1918 with 2 bedrooms, one bathroom. Long driveway. Zoning is allowing for a total of three units on the lot (buyers to confirm with the city). Property is located in prime location close to Metro Line and the 210 FWY, minutes away from Caltech, PCC, Huntington Library, Pasadena Plaza and many shops and great restaurants Pasadena has to offer. Front house is available for showing. Contact Us to schedule a private viewing.

$1,050,000Est. Payment
-- Beds | -- Baths | -- Sqft

410 Vista Avenue, Pasadena, CA 91107

Multi Family For Sale

TWO HOUSES ON ONE LOT! Incredible investment opportunity nestled in the heart of Pasadena. Perfect for New or Seasoned Investors, these units are just minutes from the cities best fine dinning and shopping off of Colorado, as well as Eaton Canyon Falls. Nestled on a corner lot, both units have been meticulously remodeled with the front unit boasting of a 3br/1bath and the rear unit a 2br/1bath. Each unit has its own private yard 2 car detached garage and dedicated driveway. With these amenities the owner will be assured to receive top market rents for a great return on investment. Call us today for more information

$3,300,000Est. Payment
-- Beds | -- Baths | 5,322 Sqft

31 N Parkwood Avenue, Pasadena, CA 91107

Multi Family For Sale

$3,300,000 for 8-unit (7 1bed+1bath & 1/3bed+2bath, Total sq./ft. 5,322) on 31 N. Parkwood Ave. ( APN: 5746-017-092, Lot Size 10,100) and $3,200,000 for 12-unit (12 Studios, Total sq./ft. 4,608) on 1837 E. Colorado Blvd. (APN: 5746-017-030, Lot Size 8,994) They can either be sold separately or together. Together they form an L shape lot and are to be sold together and concurrently. These turnkey properties are located within 2 blocks from Pasadena City College with great current cashflow. Both properties are fully rehabbed with all new kitchen and baths, vinyl windows, updated electrical, exterior/interior paint, landscaping, in unit stackable washer/dryer. This well rehabbed property is located within walking distance to shops and restaurants, as well as public transportation. This high rental demand 20 unit apartments is a great opportunity for any investor looking for a great steady current cashflow. Pasadena is the ninth largest city in Los Angeles County and is known for high rental demand where tenants can live, work and play locally. The city of Pasadena is also highly recognized for its centralized location, public transportation, and with popular local attractions

$808,888Est. Payment
4 Beds | 2 Baths | 1,408 Sqft

1580 Navarro Ave, Pasadena, CA 91103

Multi Family For Sale

Remodeled and updated duplex. Excellent opportunity for an investor or someone who wants to live in one unit and rent out the other. One unit is vacant for owner's use if desired. The other unit is rented for $2300 a month, please do not disturb occupants. Each unit has 2 bedrooms, 1 bathroom, washer & dryer and one car garage. Spacious open style with laminated and ceramic tile flooring, newer windows, kitchen and bathrooms, Ceiling fans in bedrooms. Vacant unit 1582 has its own private backyard & lovely patio garden giving the feel of two separate homes on the lot. New water heaters, separate electric and gas meters. Conveniently located and easy access to major freeways. Don't miss this investment opportunity. Call listing agent for appointment.

$2,100,000Est. Payment
8 Beds | 8 Baths | 5,392 Sqft

524 Lincoln Ave, Pasadena, CA 91103

Multi Family For Sale

INVESTORS YOU DECIDE...REHAB, CONDO CONVERSION, or NEW DEVELOPMENT. This 8-unit apartment building, Zoned PSR3, is near the N. Orange Grove and Lincoln Ave. corridor where new commercial and residential projects are currently in progress. Property is being sold, AS IS, No Concessions, No Termite, No Repairs. This property needs major work, i.e., termite damage, new plumbing, electrical, and roof. This investment opportunity has great potential and is ideal for contractors and investors. It will not qualify for traditional financing. Broker does not guarantee the accuracy of square footage, lot size, or other information concerning the condition or features of the property provided by the seller, obtained from public records, or other sources. The buyer is advised to independently verify the accuracy of all information listed in the MLS through personal and professional inspection. Property is 100% vacant. Sale to include 540 Lincoln APN 5726-015-016 & 524 Lincoln 5726-015-016.

$25,000
$1,025,000Est. Payment
-- Beds | -- Baths | 2,253 Sqft

2115 2117 Marengo Avenue, Altadena, CA 91103

Multi Family For Sale

Excellent opportunity! Located on a gorgeous street in Pasadena with mountainous views, this Craftsman home sits on an expansive lot w/ a side-by-side duplex in back. Front home boasts 3 good-sized bedrooms & 2 baths. Bedroom at the rear of the home has a separate entry, ensuite bath, curbless shower & all new plumbing fixtures perfect for an in-law suite or out of town guests. Home boasts several improvements, including newer windows, forced air furnace, wood burning fireplace, updated circuit breaker panel, SoCal WaterSmart landscaping, bolted foundation and copper plumbing. Set back a decent amount from the main house, you will find a charming side-by-side duplex. Both units have been nicely updated & include 1 bedroom & 1 bathroom, new windows, new roof, updated flooring, copper plumbing, laundry connections, off-street parking and updated landscaping. Great location near shopping, restaurants & outdoor recreation, just minutes to the 210 & 134 freeways and downtown Pasadena, Old Pasadena and the Playhouse District. Seller also has 2 other residential income properties available. Purchase all 3 as a portfolio. Rare multi-unit opportunity in a great residential community! A total of 8 units on 3 parcels within 5 miles distance. [336-336 1/2 VENTURA MLS# SR20175744 - 2115-2117 MARENGO MLS # SR20176130 - 1588-1592 N HILL AVE MLS# SR20174655] All substantially updated with great cash flows and excellent long term tenants. Units in Total: 3 - 3 bed/2 bath, 5 - 1 bed/1 bath.

$200,000
$1,085,000Est. Payment
5 Beds | 3 Baths | 2,732 Sqft

449 N Summit Ave, Pasadena, CA 91103

Multi Family For Sale

Fabulous 1894 &1925 Craftsman style home in Pasadena that boasts charm & character. The picturesque facade & lovely front porch leads to a 2-story home w/ spacious living room, formal dining room w/ large stained wood casement windows, ceiling medallions, pocket doors that separate both rooms & high ceilings. kitchen w/ plenty of storage, tile counters, backsplash & floors. An updated 3/4 bath & laundry room are adjacent to the kitchen. There is a 1-bedroom with walk-in closet on the main floor. Upstairs, you will find 3 spacious bedrooms with walk-in closets, slanted ceiling & skylight. The charming rear house has 1 bedroom & 1 bath, cozy front porch, living room w/ decorative mantel, dining area w/ built-in cabinets, updated kitchen w/ granite counters & newer cabinets. Permitted large loft in the rear w/ spacious deck, perfect for office or studio. There's just something so majestic & sturdy about the Craftsman style. Like the best of old houses, these beauties were BUILT TO LAST

$30,000
$1,100,000Est. Payment
-- Beds | -- Baths | 2,136 Sqft

1588 N Hill Avenue, Pasadena, CA 91104

Multi Family For Sale

Excellent opportunity with this Mid-Century Spanish-style triplex located on a beautiful, tree-lined street in a well-maintained Pasadena neighborhood. The front home features 3 bedrooms and 2 baths & was updated in 2019 with all new wood laminate flooring, fresh paint and a charming outdoor seating area. The home is light and bright and sits behind a wall of front hedges for added privacy. Some of the many improvements include HVAC, copper plumbing, H2o heaters, new windows, elastomeric roof coatings, updated circuit breaker panels, and SoCal WaterSmart landscaping. The side-by-side duplex units sit behind the front house. Both feature 1 bedroom & 1 bathroom with AC, new windows, wood flooring, copper plumbing, off-street parking. Both units share laundry and outside seating area. Excellent location close to restaurants, shopping, outdoor recreation and just minutes to downtown Pasadena & Old Pasadena, plus just blocks to the 210 & 134 freeways. Seller also has 2 other residential income properties available. Purchase all 3 as a portfolio. Rare multi-unit opportunity in a great residential community! A total of 8 units on 3 parcels within 5 miles distance. [336-336 1/2 VENTURA MLS# SR20175744 - 2115-2117 MARENGO MLS # SR20176130 - 1588-1592 N HILL AVE MLS# SR20174655] All substantially updated with great cash flows and excellent long term tenants. Units in Total: 3 - 3 bed/2 bath, 5 - 1 bed/1 bath.

$8,800,000Est. Payment
-- Beds | -- Baths | -- Sqft

1305 N Garfield Avenue, Pasadena, CA 91104

Multi Family For Sale

1305 N Garfield Ave, a 24-unit garden style apartment investment opportunity located in the highly desirable City of Pasadena, CA. The property is an attractive two-story garden style community with that was built in 1964 and renovated as recent as 2019. It has excellent curb appeal with complete refaced exterior (new paint, new signage, new wood paneled entrance cover) and completely redone landscaping. It offers a superb unit mix of twenty-four (24) 2bed+1bath units. The building has secured entrance with gated parking and security camera system installed. Each unit is spacious with functional layout and has been completely upgraded with recessed lighting, luxury wood plank flooring, new kitchen (cabinets and countertops), stainless steel appliances, new bathroom (new tub, new vanity cabinets, new lighting fixtures), in-unit washer and dryer, LED lighting, mirrored closet doors, and much more. Some units have private small patio/balcony with modern wood railings. Some of the windows have been upgraded to double pane windows.The property is separately metered for electricity and gas. Between 2018-2019 ownership spent significant amount of time and effort in relocating previous tenants and then upgrading the building and the units. Since the heavy lifting and hard work of relocating old tenants have been completed, this offering provides buyer with a clean and easy to operate asset in an exceptionally good rental submarket.

$100,000
$1,595,000Est. Payment
-- Beds | -- Baths | 4,267 Sqft

447 N Raymond Avenue, Pasadena, CA 91103

Multi Family For Sale

This Beautifully Remodeled Triplex is walking distance to Old Town Pasadena! Gorgeous Craftsman house with large wrap-around porch, features 6 bedrooms and 3 bathrooms. The Large living room features a gas fireplace. Dining area is spacious with lots of natural light and a walk-in pantry. Oversized Kitchen with granite counter tops and lots of cabinet space for storage. Large Master Bedroom features two walk-in closets and a large master bathroom. Finished basement is ideal for a game room, office space or an in-home gym. Central Air and heat and dual paned windows. Two additional rental units feature 1 bedroom and 1 bath each, and an extra bonus for both units, each have their own private yard! This is a one of a kind, a must see!!

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