Multi Family homes for sale & real estate in Northwest Pasadena, CA

Multi Family Home for sale in Northwest Pasadena, CA:

Exceptional opportunity on a large Altadena lot offering significant development and investment potential. The property was affected by high winds during the Eaton fires, resulting in a tree falling onto the front house, which is currently uninhabitable. Notably, the front house underwent a major renovation in 2024, and approved plans are available, providing a valuable head start for rebuilding. According to county planning, the expansive lot is eligible for two 2-story homes, each with its own ADU, allowing for up to 9,000 square feet of total living space. This makes the property an outstanding opportunity for an owner-builder, developer, or investor seeking to maximize value. The rear h

Multi Family Home for sale in Northwest Pasadena, CA:

ATTENTION INVESTORS , CASH FLOW CASH FLOW , LOCATION , LOCATION BEST PASADENA NEIGHBORHOOD BUILD YOUR EQUITY . 2 HOUSES ON 1 LOT FRONT 3 BR BACK 1 BR

Multi Family Home for sale in Northwest Pasadena, CA:

Attention Investors, Future Pasadena Buyers, and 1031 Exchange Clients! The Tax Assessor shows this as a 3-unit property; however, upon inspection, you’ll find it actually functions as a 4-unit property! The seller is open to selling this property together with the adjacent single-family residence or separately. Located in one of Pasadena’s most desirable and centrally located neighborhoods, this property consists of three 1-bedroom/1-bath units and one large vacant studio (approximately 1,000 sq. ft. ). Current rents for the one-bedroom units are $1,471, $1,568, and $1,409. This is an excellent opportunity to restore charming Craftsman-style units, capitalize on strong

Multi Family Home for sale in Northwest Pasadena, CA:

Unique investment opportunity in the heart of Pasadena—perfectly situated within walking distance to Colorado Boulevard, Pasadena City College, and Caltech. This property, zoned RM48, offers significant development potential in one of the most desirable and transit-accessible neighborhoods in the city. While the tax records show the property as a duplex, it is currently operating with five income-generating units. With an attractive Gross Rent Multiplier and Cap Rate, this asset allows you to collect income immediately while submitting plans for new construction or redevelopment. Additional property highlights include: Common laundry facility / Two water heaters/One electric meter and

Multi Family Home for sale in Northwest Pasadena, CA:

Two detached units on a 9,452 sq ft R3 lot, just steps from Pasadena City College. Front: 2 bed/1 bath with a month-to-month tenant, Rear: 2 bed/1 bath — ready to lease or owner-occupy. Strong rent growth potential. Low price per sq ft, walkable location, and a stable rental market make it ideal for 1031 exchange, buy-and-hold, or development. 1036 front unit 1158 sqft, 1034 back unit 626 sqft, these record were from city.

Multi Family Home for sale in Northwest Pasadena, CA:

We are pleased to present a rare opportunity to acquire 2191 El Sereno Ave, a well-maintained 16-unit apartment building, renovated in 2018. Ideally positioned between West Woodbury Road and Fair Oaks Avenue, this property is situated in the highly sought-after Altadena rental market a prime location with strong tenant demand. Spanning a 15,909-square-foot lot with 7,524 square feet of gross building area, the property features a highly desirable unit mix of thirteen (13) studios, two (2) one-bathroom units, and one (1) loft unit, offering significant rental income potential. Residents enjoy access to premium amenities, including a gated common area, in-unit laundry, and 16 gated parking sp