$5,875,000

276 S Sierra Madre Blvd Pasadena, CA 91107

San Pasqual Neighborhood

Estimated payment $36,687/month

4 Beds
22 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Auto Driveway Gate
  • Double Pane Windows
  • Cooling System Mounted To A Wall/Window
  • Pasadena High School Rated A
  • Chair Railings
  • Recessed Lighting

About This Home

TURN-KEY, FULLY UPDATED PROPERTY!! Rare offering of 22 units, meticulously maintained, South of Del Mar Blvd. at $267K per unit and 5.34% Cap Rate,....Pride of Ownership just north of San Marino border. The property features UPDATED WINDOWS, ELECTRICAL, & PLUMBING SYSTEMS; REMODELED INTERIORS, Newer roof, refreshed landscaping, and secured on-site gated parking, offering a low-maintenance profile for investors seeking a streamlined, predictable operation. Thoughtful improvements enhance tenant appeal while reducing future capital expenditures. Master metered for electricity, gas and water, making this a perfect candidate to pass-thru utility expenses, trimming expenses and improving cash flow! The unit mix includes 4 spacious 1-bed + 1-bath units and 18 well-designed singles, totaling approximately 8,820 square feet of building area on a 14,600 SF lot. With highly functional layouts and modern finishes throughout, the building boasts units that are always in demand and stands out as an exceptionally pride-of-ownership asset in a supply-constrained submarket.

Listing Agent

Alexander Metaxas

Realty Investment Advisors, Inc. License #01784652 Listed on: 12/08/2025

Co-Listing Agent

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 73x200
  • Gated Home

Home Design

  • Turnkey

Interior Spaces

  • 2-Story Property
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 22 Bathrooms

Parking

  • Auto Driveway Gate
  • On-Street Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Central Water Heater

Community Details

  • 22 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 5330-001-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1956 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Lot Acreage: 0.3475
  • Lot Dimensions: 73x200
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Turnkey, Chair Railings, Crown Moldings, Recessed Lighting
  • Bedrooms: 4
  • Laundry: Community
  • Laundry Equipment: Own
  • Total Bathrooms: 22.00
  • Equipment: Ceiling Fan, Dishwasher, Refrigerator, Range/Oven, Microwave
  • Windows: Double Pane Windows

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway Gate, Gated, Assigned, On street

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Wall/Window, Heat Pump(s), Electric
  • Heating: Heat Pump, Wall Electric
  • Security: Gated, Automatic Gate
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 27.59
  • Assessed Improvement Value: 980685
  • Assessed Land Percent: 72.41
  • Assessed Land Value: 2574308
  • Total Assessed Value: 3554993
  • Assessor Parcel Number: 5330-001-007
  • Lot Size Area: 15135

Rental Info

  • Owner Pays: Electricity, Gas, Water, Gardener

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.06
  • Number Of Units: 22
  • Type Of Units: 1 Beds, Stu

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2025 12/08/25 For Sale $5,875,000 -- --
Source: The MLS

Source: The MLS

MLS Number: 25626927

The MLS
California Los Angeles County Pasadena 91107 San Pasqual

276 S Sierra Madre Blvd, Pasadena, CA

For Sale

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Nearby Homes
Alexander Metaxas
Listing Agent
Alexander Metaxas
Section Image
Realty Investment Advisors, Inc.
(626) 487-4300