Seller's Agent in 2025
Kristopher German
RE/MAX
(909) 645-0443
2 in this area
124 Total Sales
434 S Euclid Ave Pasadena, CA 91101
Madison Heights Neighborhood
8
Beds
6
Baths
4,309
Sq Ft
9,749
Sq Ft Lot
About This Home
As of July 2025We are pleased to exclusively offer for sale this 6-unit multifamily investment situated in a prime Pasadena location. The subject property offers an exceptional opportunity for investors seeking long-term stability in one of the region’s most sought-after submarkets. Located directly across from Mayfield Junior School and just minutes from Caltech, Pasadena City College, and the vibrant dining and shopping scene of Old Pasadena, the property delivers unmatched convenience and rental demand.
Set on a 9,750 sq. ft. lot with 4,309 rentable sq. ft., the building features a diverse and desirable unit mix, including a rare 1-Bedroom/1-Bath two-story Townhouse, (2) 2-Bedroom/1-Bath units, and (3) 1-Bedroom/1-Bath units. The garden-style entry adds charm and privacy, while tenants benefit from onsite parking and individual utility metering. Significant capital improvements include: copper plumbing, newer roofs, and updated electrical sub-panels, offering investors a turn-key asset with reduced future maintenance.
(For those looking to scale, this property can also be purchased with the adjacent 7-unit multi-family property located at 420 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: 05/19/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1913
Lot Details
- 9,750 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Apartment
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 4,309 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Parking
- 6 Parking Spaces
- 6 Carport Spaces
- Parking Available
Additional Features
- Exterior Lighting
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 6
- Tax Tract Number 34
- Assessor Parcel Number 5722034008
- $1,444 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 6 Units
Building Details
- 6 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Fuel Expense $976
- Insurance Expense $4,000
- Maintenance Expense $4,500
- Trash Expense $2,408
- Water Sewer Expense $1,121
- New Taxes Expense $23,542
- Operating Expense $37,447
- Gross Income $12,253
- Net Operating Income $105,178
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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 | $2,150,000 | 0.0% | $499 / Sq Ft |
| 06/02/2025 06/02/25 | Pending | -- | -- | -- |
| 05/19/2025 05/19/25 | For Sale | $2,150,000 | -- | $499 / 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 | $3,136 | $155,871 | $52,436 | $103,435 |
| 2024 | $3,136 | $152,815 | $51,408 | $101,407 |
| 2023 | $3,108 | $149,819 | $50,400 | $99,419 |
| 2022 | $3,026 | $146,882 | $49,412 | $97,470 |
| 2021 | $2,906 | $144,003 | $48,444 | $95,559 |
| 2020 | $2,834 | $143,008 | $47,948 | $95,060 |
| 2019 | $2,828 | $140,214 | $47,008 | $93,206 |
| 2018 | $2,745 | $137,475 | $46,087 | $91,388 |
| 2016 | $2,588 | $131,678 | $44,299 | $87,379 |
| 2015 | $2,555 | $129,701 | $43,634 | $86,067 |
| 2014 | $2,558 | $127,162 | $42,780 | $84,382 |
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: CV25111145
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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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