$1,025,000

1156 Steuben St Pasadena, CA 91106

Playhouse Village Neighborhood

Estimated payment $6,904/month

Total Views 1,860
0.16 Acre
$6,557,901 Price per Acre
6,807 Sq Ft Lot

Highlights

  • No HOA
  • Bike Trail
  • 4-minute walk to Grant Park
  • Blair High School Rated A-
  • Rectangular Lot

About This Lot

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 income-generating units. With an attractive Gross Rent Multiplier and Cap Rate, this asset allows you to collect income immediately while submitting plans for new construction or redevelopment.

Listing Agent

Enrique Liza

COMPASS Brokerage Phone: 626-818-0980 License #00691382 Listed on: 07/10/2025

COMPASS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,707

Lot Details

  • 6,807 Sq Ft Lot
  • Lot Dimensions are 56 x 121
  • Rectangular Lot
  • Level Lot
  • Property is zoned PSR4

Listing and Financial Details

  • Legal Lot and Block 33 / M
  • Assessor Parcel Number 5735015003
  • $694 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail
  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$14,707

Lot Details

0

Listing Details

  • Current Use: Multi-Family
  • Possible Use: Buyer to verify, Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: PSR4
  • Property Type: Land
  • Parcel Number: 5735015003
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 150.58

Utilities

  • Utilities: Sewer Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot, Level
  • Lot Size: 56 x 121
  • Lot Size Sq Ft: 6807.00
  • Lot Size Acres: 0.1563

Multi Family

  • Lot Size Area: 6807.0000 Square Feet

Tax Info

  • Tax Block: M
  • Tax Census Tract: 4635.00
  • Tax Lot: 33
  • TaxOtherAnnualAssessmentAmount: 694.00

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2024 $14,707 $1,279,080 $958,800 $320,280
2023 $3,132 $220,081 $210,533 $9,548
2022 $3,035 $215,766 $206,405 $9,361
2021 $2,907 $211,536 $202,358 $9,178
2020 $5,672 $486,908 $463,496 $23,412
2019 $5,685 $477,361 $454,408 $22,953
2018 $2,747 $201,239 $192,507 $8,732
2016 $2,613 $193,427 $185,033 $8,394
2015 $2,584 $190,522 $182,254 $8,268
2014 $2,549 $186,791 $178,684 $8,107
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $1,025,000 -- $324 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF25150795

California Regional Multiple Listing Service (CRMLS)

APN: 5735-015-003

California Los Angeles County Pasadena 91101 Playhouse Village

1156 Steuben St, Pasadena, CA

This home is located at 1156 Steuben St, Pasadena, CA 91106 and is currently priced at $1,025,000. 1156 Steuben St is a home located in Los Angeles County with nearby schools including McKinley School, Blair High School, and International School of Los Angeles-Pasadena.

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.

California Regional Multiple Listing Service (CRMLS) 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

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Enrique Liza
Listing Agent
Enrique Liza
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COMPASS
(626) 818-0980