Seller's Agent in 2025
Kristopher German
RE/MAX
(909) 645-0443
2 in this area
125 Total Sales
420 S Euclid Ave Pasadena, CA 91101
Madison Heights Neighborhood
10
Beds
7
Baths
6,133
Sq Ft
19,493
Sq Ft
Highlights
- 0.45 Acre Lot
- Cottage
- Laundry Room
- No HOA
- Cooling System Mounted To A Wall/Window
- 5 Car Garage
About This Home
As of July 2025**Pride of Ownership in Prime Pasadena!** We are pleased to present this charming 7-unit cottage-style multi-family asset offering both stability and upside in one of Pasadena’s most desirable and walkable rental corridors. Situated on a lushly landscaped 19,492 sq. ft. lot with garden walkways and tranquil outdoor space, the property features a rare unit mix of (3) 2-Bedroom/1-Bath & (4) 1-Bedroom/1-Bath detached cottages totaling 6,133 rentable sq. ft. each offering tenants a private, home-like feel.
Tenants enjoy onsite garage parking, a dedicated laundry facility, and convenience to nearby top-tier amenities. Located directly across from Mayfield Junior School and just minutes from Caltech, Pasadena City College, and the shops and dining of Old Pasadena, this location supports consistent demand and long-term tenant retention.
The property has been thoughtfully upgraded with copper plumbing, modern electrical panels, newer roofs, and is separately metered for gas and electricity, ensuring operational efficiency for the next owner. With proven in-place income, strong tenant retention, and pride of ownership throughout, this asset is ideal for investors seeking a turn-key opportunity in a high-demand Pasadena submarket. (For those looking to scale, this property can also be purchased with the adjacent 6-unit multi-family property at 434 S. Euclid Ave., creating a rare opportunity to own a 13-unit portfolio in one of Pasadena’s strongest rental corridors. Development potential may exist as well given the combined lot sizes.)
Last Agent to Sell the Property
RE/MAX 2000 REALTY Brokerage Phone: 909-645-0443 License #01800021 Listed on: 05/20/2025
Property Details
Home Type
- Apartment
Year Built
- Built in 1921
Lot Details
- 0.45 Acre Lot
- No Common Walls
- Fenced
- Fence is in excellent condition
- Density is up to 1 Unit/Acre
Parking
- 5 Car Garage
- 2 Carport Spaces
- Parking Available
Home Design
- Cottage
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 6,133 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 10 Bedrooms
- 7 Bathrooms
Additional Features
- Exterior Lighting
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 007 / 5722
- Tax Tract Number 34
- Assessor Parcel Number 5722034007
- $2,093 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 7 Buildings
- 7 Units
Building Details
- 7 Leased Units
- Rent Control
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,019
- Insurance Expense $6,000
- Maintenance Expense $5,250
- Trash Expense $2,810
- Water Sewer Expense $2,905
- New Taxes Expense $30,112
- Operating Expense $49,146
- Gross Income $14,574
- Net Operating Income $121,950
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Sold | $2,750,000 | 0.0% | $448 / Sq Ft |
| 06/02/2025 06/02/25 | Pending | -- | -- | -- |
| 05/20/2025 05/20/25 | For Sale | $2,750,000 | -- | $448 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2025 | $4,207 | $194,602 | $105,388 | $89,214 |
| 2024 | $4,207 | $190,787 | $103,322 | $87,465 |
| 2023 | $4,170 | $187,047 | $101,297 | $85,750 |
| 2022 | $4,062 | $183,380 | $99,311 | $84,069 |
| 2021 | $3,899 | $179,785 | $97,364 | $82,421 |
| 2020 | $3,808 | $178,422 | $96,366 | $82,056 |
| 2019 | $3,801 | $174,934 | $94,477 | $80,457 |
| 2018 | $3,569 | $171,514 | $92,625 | $78,889 |
| 2016 | $3,361 | $164,394 | $89,029 | $75,365 |
| 2015 | $3,319 | $161,925 | $87,692 | $74,233 |
| 2014 | $3,323 | $158,754 | $85,975 | $72,779 |
Source: Public Records
Agents Affiliated with this Home
-
Kristopher German
-
Kevin Lutz
Buyer's Agent in 2025
Kevin Lutz
Keller Williams Realty/Pasadena
(626) 429-0685
2 in this area
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25112179
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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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