Crosby Doe
Crosby Doe Associates, Inc.
(424) 541-1360
32 Total Sales
1 in Madison Heights
$1,675,000 Price
420 S Euclid Ave Pasadena, CA 91101
Madison Heights Neighborhood
10
Beds
7
Baths
6,133
Sq Ft
0.45
Acre Lot
Highlights
- 0.45 Acre Lot
- Cottage
- 5 Car Garage
- No HOA
- Laundry Room
- Fenced
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
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
Property Details
Home Type
- Apartment
Year Built
- Built in 1921
Lot Details
- 19,492 Sq Ft 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
Amenities
- Laundry Facilities
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Madison Heights, CA
-
Crosby Doe
-
Jeffrey Russell
Jeffrey Russell
Russell Realty Group
(626) 604-2792
113 Total Sales
2 in Madison Heights
$483K - $775K Price Range
-
Mel Macklin
Mel Macklin
HomeSmart, Evergreen Realty
(747) 307-7003
50 Total Sales
1 in Madison Heights
$918,000 Price
-
Pam DelRey
Pam DelRey
Art Del Rey Realty, Inc.
(626) 604-0256
61 Total Sales
2 in Madison Heights
$621K - $1.1M Price Range
-
Brent Ballard
Brent Ballard
Anderson Ballard Companies
(747) 307-4526
167 Total Sales
1 in Madison Heights
$1,050,000 Price
-
Roseann Oesterreich
Roseann Oesterreich
Coldwell Banker Envision
(424) 306-0403
30 Total Sales
1 in Madison Heights
$751,000 Price
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,150,000 | Fidelity National Title | ||
| Oakwood Property Management Llc | $2,750,000 | Fidelity National Title | |
| Schlatter Family Trust | -- | Gautreau Paul N | |
| Robert A Schlatter Living Trust | -- | None Listed On Document | |
| Schlatter Richard Henry | -- | None Available | |
| Mallory Viola S | -- | -- |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,150,000 |
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 |
|---|---|---|---|---|
| 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
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 |
|---|---|---|---|---|
| 2026 | $4,492 | $2,750,000 | $1,900,000 | $850,000 |
| 2025 | $4,492 | $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
Seller's Agent in 2025
Kristopher German
RE/MAX
(909) 645-0443
2 in this area
130 Total Sales
-
Kevin Lutz
Buyer's Agent in 2025
Kevin Lutz
Keller Williams Realty/Pasadena
(626) 429-0685
2 in this area
22 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25112179
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.
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
Nearby Homes
- 484 S Euclid Ave Unit 202
- 484 S Euclid Ave
- 477 S Euclid Ave Unit E
- 355 S Los Robles Ave Unit 339
- 408 E Del Mar Blvd
- 325 S Los Robles Ave
- 451 S Oakland Ave Unit 2
- 277 Pleasant St Unit 206
- 355 E California Blvd Unit 3
- 441 E California Blvd
- 478 S Oakland Ave Unit 2
- 385 S Marengo Ave Unit 205
- 433 S Madison Ave
- 501 E Del Mar Blvd Unit 302
- 501 E Del Mar Blvd Unit 109
- 501 E Del Mar Blvd Unit 312
- 320 E California Blvd
- 294 S Marengo Ave
- 484 E California Blvd Unit 8
- 330 Cordova St Unit 327
- 434 S Euclid Ave
- 380 S Euclid Ave Unit 311
- 442 S Euclid Ave
- 380 S Euclid Ave Unit 304
- 380 S Euclid Ave Unit 305
- 380 S Euclid Ave Unit 306
- 444 S Euclid Ave Unit 3
- 444 S Euclid Ave
- 380 S Euclid Ave Unit 208
- 380 S Euclid Ave Unit 209
- 380 S Euclid Ave Unit 308
- 380 S Euclid Ave Unit 309
- 380 S Euclid Ave
- 380 S Euclid Ave Unit 307
- 380 S Euclid Ave Unit 301
- 380 S Euclid Ave Unit 211
- 380 S Euclid Ave Unit 210
- 380 S Euclid Ave Unit 207
- 380 S Euclid Ave Unit 203
- 380 S Euclid Ave Unit 201
Your Personal Tour Guide
Ask me questions while you tour the home.