$1,080,000

Estimated payment $6,821/month

4 Beds
4 Baths
2,080 Sq Ft
$519 Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • 1-Story Property
  • Bike Trail
  • Back Yard

About This Home

Fantastic 4-Unit Investment Opportunity in Pasadena! This income-producing fourplex features 4 spacious 1-bedroom, 1-bath units and offers immediate rental income with long-term investment potential. Major improvements have already been completed, including a brand-new roof on both the main building and detached garage, new garage doors, fully replaced plumbing, fresh interior and exterior paint, updated flooring, newer windows, and renovated kitchens and bathrooms in select units. All 4 units feature separate electric and gas meters, while the owner currently pays water. The property also offers 3 single-car garages and 1 additional parking space. Conveniently located with easy access to the 210 Freeway, shopping, dining, parks, and public transportation, this property is well positioned for investors and owner-users alike. Current rents total $6,398 per month, providing immediate cash flow. Future rental potential may exist, subject to local rent control regulations, existing tenancy, and applicable law. Buyer to independently verify all information, including rents, expenses, square footage, permits, and property condition.

Listing Agent

Alma Aguilar

Coldwell Banker Realty Brokerage Phone: 626-393-5227 License #01439695 Listed on: 07/08/2026

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 7,121 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 6491
  • Assessor Parcel Number 5825015004

Community Details

Overview

  • 4 Units

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $780
  • Insurance Expense $3,706
  • Other Expense $12,261
  • Professional Management Expense $4,800
  • Water Sewer Expense $4,412
  • Operating Expense $26,246
  • Gross Income $72,937
  • Net Operating Income $46,691

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

7,121 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 4800.00
  • Property Attached: No
  • Water Sewer Expenses: 4412.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 5825015004
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 519.23
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7121.00
  • Lot Size Acres: 0.1635

Multi Family

  • Gross Operating Income: 72937.00
  • Gross Scheduled Income: 76776.00
  • Insurance Expense: 3706.00
  • Lot Size Area: 7121.0000 Square Feet
  • Net Operating Income: 46691.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 26246.00
  • Other Expense: 12261.00
  • Other Expense Description: Taxes
  • Rent Control: Yes
  • Total Expenses: 26246.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 6491

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,261 $995,837 $811,824 $184,013
2024 $11,616 $976,311 $795,906 $180,405
2023 $11,518 $957,168 $780,300 $176,868
2022 $11,126 $938,400 $765,000 $173,400
2021 $5,904 $472,229 $376,831 $95,398
2020 $5,689 $467,388 $372,968 $94,420
2019 $5,697 $458,224 $365,655 $92,569
2018 $5,745 $449,240 $358,486 $90,754
2017 $5,670 $440,432 $351,457 $88,975
2016 $5,539 $431,797 $344,566 $87,231
2015 $5,476 $425,312 $339,391 $85,921
2014 $5,390 $416,981 $332,743 $84,238
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2026 07/08/26 For Sale $1,080,000 +17.4% $519 / Sq Ft
04/15/2021 04/15/21 Sold $920,000 +0.1% $442 / Sq Ft View Prior Sale
03/13/2021 03/13/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $919,000 -- $442 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $396,000 Cctn Pasadena Title
Grant Deed $140,000 Commonwealth Land Title Co
Trustee Deed $149,900 Fidelity National Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $297,000 New Conventional
Previous Owner $186,397 FHA
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR26147655

California Regional Multiple Listing Service (CRMLS)

APN: 5825-015-004

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