112 S Roosevelt Ave Pasadena, CA 91107
Lamanda Park NeighborhoodEstimated payment $15,522/month
Highlights
- Primary Bedroom Suite
- Open Floorplan
- Mountain View
- Pasadena High School Rated A
- Craftsman Architecture
- Property is near park and public transit
About This Home
Rare opportunity to own four attractive Craftsman-style units in a prime Pasadena location near Pasadena City College, California Institute of Technology, and the vibrant Lake Avenue shopping and dining district. Built in 2004, the property features two separate buildings with a well-designed mix of spacious townhouse-style units and strong rental appeal. The front building consists of two thoughtfully designed townhouse-style units, each offering 3 bedrooms and 2.5 bathrooms. The open-concept ground floors include generous living rooms with dining area, functional kitchens, powder rooms, and convenient indoor laundry closets. Back doors lead to private rear patios overlooking a beautifully maintained common area with mature landscaping and a tranquil fountain setting. The rear building includes an additional 3-bedroom, 2.5-bath townhouse-style unit plus a desirable upstairs 1-bedroom unit. Each tenant enjoys the convenience of a private detached two-car garage located at the rear of the property. This unique opportunity offers an appealing mix of stability and upside potential, with two long-term tenants currently on leases and two units on month-to-month agreements. Excellent location with close proximity to shopping, dining, schools, and major commuter routes makes this a compelling investment opportunity in one of Pasadena’s most sought-after rental markets.
Listing Agent
JohnHart Corp. Brokerage Phone: 626-487-0820 License #01308772 Listed on: 05/11/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2004
Lot Details
- 10,135 Sq Ft Lot
- 1 Common Wall
- Landscaped
- Level Lot
- Lawn
- Front Yard
Parking
- 8 Car Garage
- Parking Available
Property Views
- Mountain
- Neighborhood
Home Design
- Craftsman Architecture
- Quadruplex
- Entry on the 1st floor
- Turnkey
- Composition Roof
Interior Spaces
- 4,475 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Cathedral Ceiling
- Living Room
- Center Hall
- Laundry Room
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 10 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- 10 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Additional Features
- Property is near park and public transit
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 46
- Assessor Parcel Number 5747004057
- $1,413 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,000
- Trash Expense $600
- Water Sewer Expense $600
- Operating Expense $3,200
- Gross Income $10,783
- Net Operating Income $10,783
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $20,417 | $1,785,560 | $1,249,895 | $535,665 |
| 2024 | $20,417 | $1,750,550 | $1,225,388 | $525,162 |
| 2023 | $20,247 | $1,716,226 | $1,201,361 | $514,865 |
| 2022 | $19,553 | $1,682,575 | $1,177,805 | $504,770 |
| 2021 | $18,752 | $1,649,584 | $1,154,711 | $494,873 |
| 2020 | $18,009 | $1,632,670 | $1,142,871 | $489,799 |
| 2019 | $18,056 | $1,600,658 | $1,120,462 | $480,196 |
| 2018 | $18,331 | $1,569,274 | $1,098,493 | $470,781 |
| 2016 | $17,746 | $1,508,338 | $1,055,838 | $452,500 |
| 2015 | $17,552 | $1,485,683 | $1,039,979 | $445,704 |
| 2014 | $17,192 | $1,456,582 | $1,019,608 | $436,974 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/11/2026 05/11/26 | For Sale | $2,589,000 | 0.0% | $579 / Sq Ft |
| 05/01/2022 05/01/22 | Rented | $3,150 | 0.0% | -- |
| 04/22/2022 04/22/22 | Under Contract | -- | -- | -- |
| 04/20/2022 04/20/22 | Off Market | $3,150 | -- | -- |
| 04/16/2022 04/16/22 | For Rent | $3,150 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation | |
| Grant Deed | $1,450,000 | Chicago Title | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | -- | Southland Title | |
| Grant Deed | -- | -- | |
| Grant Deed | $1,400,000 | Equity Title Company | |
| Grant Deed | -- | -- | |
| Interfamily Deed Transfer | -- | South Coast Title | |
| Grant Deed | $240,000 | South Coast Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $970,000 | New Conventional | |
| Previous Owner | $1,000,000 | Purchase Money Mortgage | |
| Previous Owner | $980,000 | Purchase Money Mortgage | |
| Previous Owner | $168,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR26102429
APN: 5747-004-057
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Ask me questions while you tour the home.