264 E Glenarm St Pasadena, CA 91106
Madison Heights NeighborhoodEstimated payment $7,430/month
Highlights
- Mountain View
- Living Room
- Carpet
- No HOA
- Level Lot
- 4-minute walk to Allendale Park
About This Home
Prime Pasadena location near Madison Heights, Metro Gold Line and Old Town Pasadena. Offering an excellent opportunity to own a four-unit multifamily property in a highly desirable area.
The property consists of four 1-bedroom, 1-bathroom units, providing a total of four units, along with four detached carport parking spaces. Each unit offers a straightforward layout with strong potential for updating and repositioning.
The property is located on a prime Pasadena street, close to shopping, restaurants, transportation, and many of the amenities that make Pasadena such a sought-after market. While the property is in need of updating, this is an opportunity to invest in the location and underlying potential of the property.
The property is zoned RM-32-HL-1, offering potential for additional development, including the possibility of adding another unit or pursuing a new construction project, subject to city approval and applicable zoning requirements.
With four existing units, dedicated carport parking, a desirable Pasadena location, and potential for future development, this property presents an attractive opportunity for an investor, owner-user, or developer looking to add value in one of the San Gabriel Valley's most established markets.
Buyer to verify zoning, development potential, permits, square footage, and all property information with the City of Pasadena and appropriate professionals.
Listing Agent
Art Del Rey Realty, Inc. Brokerage Phone: 626-841-2387 License #00864033 Listed on: 08/24/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927
Lot Details
- 7,638 Sq Ft Lot
- Two or More Common Walls
- Level Lot
- Density is 2-5 Units/Acre
Home Design
- Apartment
- Entry on the 1st floor
- Fixer Upper
- Raised Foundation
- Plaster
Interior Spaces
- 2,016 Sq Ft Home
- 2-Story Property
- Living Room
- Carpet
- Mountain Views
- Gas Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 4 Parking Spaces
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 7776
- Assessor Parcel Number 5324004005
- $1,087 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $3,129
- Gardener Expense $1,080
- Insurance Expense $3,462
- Pest Control $135
- Trash Expense $600
- Water Sewer Expense $1,435
- Operating Expense $26,198
- Gross Income $67,415
- Net Operating Income $39,422
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,862 | $515,109 | $331,146 | $183,963 |
| 2024 | $6,505 | $505,009 | $324,653 | $180,356 |
| 2023 | $6,449 | $495,108 | $318,288 | $176,820 |
| 2022 | $6,239 | $485,401 | $312,048 | $173,353 |
| 2021 | $5,993 | $475,884 | $305,930 | $169,954 |
| 2019 | $5,784 | $462,011 | $296,857 | $165,154 |
| 2018 | $5,791 | $452,958 | $291,037 | $161,921 |
| 2016 | $5,585 | $435,140 | $279,737 | $155,403 |
| 2015 | $5,521 | $428,605 | $275,536 | $153,069 |
| 2014 | $5,434 | $420,210 | $270,139 | $150,071 |
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 |
|---|---|---|---|---|
| 08/24/2026 08/24/26 | For Sale | $1,250,000 | -- | $620 / Sq Ft |
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 | -- | None Listed On Document | |
| Gift Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Grant Deed | -- | First American Title Company O | |
| Grant Deed | -- | Equity Title Company | |
| Grant Deed | -- | Equity Title Company |
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 | $381,000 | New Conventional | |
| Previous Owner | $450,000 | Purchase Money Mortgage |
About the Listing Agent
I'm an expert real estate agent with Art Del Rey Realty, Inc. in Arcadia, CA and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you. Our company is the oldest real estate company in Arcadia. I've been a licensed Broker for the past
Pam's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR26185682
APN: 5324-004-005
- 270 Ohio St Unit 3
- 306 Alpine St Unit 5
- 322 Alpine St Unit 2
- 935 S Euclid Ave
- 1300 S Marengo Ave
- 870 S Euclid Ave
- 1715 Raymond Hill Rd
- 871 S Los Robles Ave
- 808 S Los Robles Ave
- 690 S Marengo Ave Unit 6
- 507 Garfield Ave
- 1115 S Oak Knoll Ave
- 125 Hurlbut St Unit 205
- 203 Oaklawn Ave
- 320 E California Blvd
- 412 Oaklawn Ave
- 1718 Grevelia St
- 1215 Wentworth Ave
- 484 E California Blvd Unit 8
- 355 E California Blvd Unit 3
- 910 S Marengo Ave Unit 1
- 919 S Marengo Ave Unit 4
- 874 S Marengo Ave Unit 10
- 1800 State St
- 844 Magnolia Ave Unit 14
- 832 Magnolia Ave Unit 14
- 1734 Ellincourt Dr Unit 4
- 731 S Marengo Ave
- 191 E Fillmore St Unit C
- 191 E Fillmore St Unit A
- 1715 Ellincourt Dr
- 691 S Marengo Ave
- 502 Garfield Ave Unit B
- 251 N El Molino Ave
- 630 Brent Ave
- 540 E California Blvd
- 277 Pleasant St Unit 207
- 498 S Marengo Ave Unit 498 South Marengo
- 300 E Bellevue Dr
- 609 S El Molino Ave Unit 609
Ask me questions while you tour the home.