Seller's Agent in 2025
Jae Buck
Meridian Capital Realty
(626) 676-6902
3 in this area
24 Total Sales
275 Garfield Ave Pasadena, CA 91101
Old Town Pasadena Neighborhood
3
Beds
5
Baths
--
Sq Ft
0.57
Acres Lot
Highlights
- In Ground Pool
- Cooling System Mounted To A Wall/Window
- Accessible Parking
- 0.57 Acre Lot
- Laundry Room
- Wrought Iron Fence
About This Home
As of December 2025Welcome to 275-285 N Garfield Avenue, a rare multi-parcel investment opportunity nestled in the heart of Pasadena'sprestigious Civic Center District. Spanning two adjacent buildings with a combined total of 35 units, this charming courtyard-style property blends classic Southern California architecture with long-term rental stability. Just steps from Pasadena City Hall, the USC, Pacific Asia Museum, and the Metro Gold Line, this property is a walker's paradise with a 91 Walk Score. Both buildings feature a mixof spacious 1 & 2 bedroom layouts, offering strong in-place cash flow with potential upside through renovation or rent optimization. With high historical occupancy, dedicated parking, andproximity to major employment hubs like Caltech, Kaiser Permanente, and Huntington Hospital, 275-285 N Garfieldrepresents a strategic acquisition in one of Pasadena's most supply-constrained rental markets. Ideal for investors seeking both current income and long-term value appreciation in a prime urban corridor.Multi Family Residential Building, Across 2 APN's2 Level Building20 units in 275 N Garfield Ave19 units 285 N Garfield Ave275 N Garfield Ave 10,331 Sq Ft Living Area285 N Garfield Ave 9,702 Sq Ft Living AreaTotal Living Area Size Across 2 Parcels 20,033 sq ft275 N Garfield Ave 12,266 Sq Ft Lot285 N Garfield Ave 12,748 Sq Ft LotTotal Lot Size Across 2 Parcels 25,014 sq ft26 Combined Surface ParkingBuilt in 1950 & 1955Ideally Situated Near Old Town Pasadena, The PasadenaCourthouse & Central Library, Paseo Colorado and ConvenientAccess to the Major Transportation Routes On Colorado Boulevard and So Much More
Last Agent to Sell the Property
Meridian Capital Realty License #01880768 Listed on: 09/09/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 25,014 Sq Ft Lot
- No Common Walls
- Wrought Iron Fence
- 5723-003-034
Interior Spaces
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 5 Bathrooms
Parking
- 26 Parking Spaces
- Parking Available
- Assigned Parking
Accessible Home Design
- Accessible Parking
Outdoor Features
- In Ground Pool
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Standard Electricity
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 10
- Assessor Parcel Number 5723003034
- Seller Considering Concessions
Community Details
Overview
- 2 Buildings
- 35 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 35 Separate Electric Meters
- 34 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $16,750
- Professional Management Expense $33,107
- Trash Expense $11,254
- Operating Expense $128,594
- Gross Income $557,964
- Net Operating Income $386,859
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 12/30/2025 12/30/25 | Sold | $6,175,000 | -10.5% | -- |
| 10/12/2025 10/12/25 | Price Changed | $6,900,000 | -12.7% | -- |
| 09/08/2025 09/08/25 | For Sale | $7,900,000 | -- | -- |
Source: Pasadena-Foothills Association of REALTORS®
Agents Affiliated with this Home
-
Jae Buck
-
Matthew Helganz
Seller Co-Listing Agent in 2025
Matthew Helganz
Meridian Capital Realty
(626) 354-2813
1 in this area
120 Total Sales
-
Max Berger
Buyer's Agent in 2025
Max Berger
Compass
(310) 953-4562
1 in this area
41 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-24031
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 421 N Euclid Ave
- 345 E Colorado Blvd Unit 404
- 345 E Colorado Blvd Unit 302
- 345 E Colorado Blvd Unit 203
- 425 N Raymond Ave
- 218 N El Molino Ave Unit 207
- 286 N Madison Ave Unit 404
- 35 N Raymond Ave Unit 211
- 39 S Los Robles Ave Unit 5016
- 39 S Los Robles Ave Unit 6010
- 39 S Los Robles Ave Unit 3006
- 39 S Los Robles Ave Unit 3019
- 279 Parke St
- 300 N El Molino Ave
- 300 N El Molino Ave Unit 301
- 300 N El Molino Ave Unit 107
- 709 E Walnut St Unit 319
- 709 E Walnut St Unit 415
- 709 E Walnut St Unit 222
- 709 E Walnut St Unit 227
- 275 Garfield Ave Unit 9A
- 275 Garfield Ave Unit 16A
- 285 Garfield Ave Unit 2B
- 285 Garfield Ave Unit 17B
- 285 Garfield Ave Unit 3B
- 291 N Garfield Pasadena
- 291 N Garfield Ave
- 293 N Garfield Ave
- 301 N Garfield Ave
- 299 N Garfield Ave
- 295 N Garfield Ave
- 297 N Garfield Ave
- 300 0000 Place
- 279 N Euclid Ave
- 259 N Euclid Ave Unit 16
- 259 N Euclid Ave Unit 3
- 259 N Euclid Ave Unit 18
- 259 N Euclid Ave Unit 22
- 259 N Euclid Ave
- 249 N Euclid Ave
Your Personal Tour Guide
Ask me questions while you tour the home.