Old Town Pasadena Multifamily Homes & Duplexes for Sale

/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
Explore Old Town Pasadena
/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
/49
$10,000,000
- 46 Beds
- 39 Baths
- 29,930 Sq Ft
275 S Marengo Ave, Pasadena, CA 91101

We are pleased to present 275 S. Marengo Avenue a rare opportunity to acquire a 35-unit multifamily property located in Pasadena's historic Civic Center neighborhood.Offered for the first time in over 50 years, this well-maintained, value-add asset provides investors with the chance to capture more than 45% rental upside and own a truly generational property in one of Southern California's most

Sevak Keshishian Marcus & Millichap

275 S Marengo Ave, Pasadena, CA 91101

California Los Angeles County Pasadena Old Town Pasadena

Why Live in Old Town Pasadena

Old Town Pasadena is a vibrant neighborhood known for its rich history and lively atmosphere. Established in 1874, it features a blend of 19th- and 20th-century architecture, protected as a historic district since 1983. The area is bustling with things to do, offering a wide array of restaurants, shops, and entertainment venues. Popular retailers like Apple and Lululemon, along with grocery stores such as Trader Joe’s and Whole Foods, line the streets. Dining options are diverse, with Café Santorini and Ramen Tatsunoya among the top-rated spots. Despite its urban setting, Old Town Pasadena offers green spaces like Central Park and Memorial Park, which host community events and provide a peaceful retreat. The neighborhood is served by the Pasadena Unified School District, with Blair High School receiving high ratings. Housing primarily consists of condos and townhouses, many featuring modern amenities like balconies and rooftop patios. The area is well-connected via the Metro Gold Line and several bus routes, making it easily accessible from downtown Los Angeles. Events such as the Pasadena Chalk Festival and Old Pasadena Food Tasting Tour highlight the community's cultural vibrancy. With its mix of historic charm and modern conveniences, Old Town Pasadena offers a unique living experience.

Learn more about living in Old Town Pasadena

Home Trends in Old Town Pasadena, CA

On average, homes in Old Town Pasadena, Pasadena sell after 57 days on the market compared to the national average of 52 days. The median sale price for homes in Old Town Pasadena, Pasadena over the last 12 months is $870,000, down 19% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$870,000

Median Single Family Sale Price

$565,000

Median Townhouse Sale Price

$1,199,000

Median 2 Bedroom Sale Price

$1,248,888

Median 1 Bedroom Sale Price

$772,500

Average Price Per Sq Ft

$908

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

4.90

Median List Price

$1,088,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

-19%

How to Buy a Home How to Finance a Home How to Sell a Home

In Old Town Pasadena, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $4,490,000 to $10,000,000, there's something for every budget. As of September, 2025 the median home price in Old Town Pasadena, Pasadena is $1,088,000, while the average sale price is $1,025,554, providing insight into local market trends. On average, multi-family homes spend 57 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Old Town Pasadena, Pasadena.

Old Town Pasadena Types of Homes for Sale

Old Town Pasadena Condos for Sale

Old Town Pasadena Real Estate Listings

Old Town Pasadena New Construction Homes

More About Living in Old Town Pasadena

Homes in Nearby Neighborhoods

Homes in Nearby Cities

Homes in Nearby Counties

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information