Located in the vibrant heart of Pasadena, this property bene?ts from the city’s rich cultural heritage, stunning architecture, and thriving arts scene. The area is known for its diverse community, world-class museums, and commitment to sustainability, making it an attractive destination for residents and visitors alike. This historic building, originally constructed in 1896, has undergone extensive renovations, completed this year. Upgrades include all new plumbing, enhanced electrical systems, freshly painted exteriors, new vinyl fencing, and new roofs throughout. These improvements ensure a modern living experience while preserving the property’s unique charm. The property fea
Looking for an investment with exceptional growth potential? This 6-unit apartment building in sought-after Pasadena offers an incredible opportunity to enhance your returns. Located in a prime area with a robust rental market, the property features under-market rents, providing approximately 30% upside potential. With light renovations, you can increase rents and boost property value. Additionally, the property allows for the addition of three ADUstwo detached and one partially attached to an existing structureoffering even more income potential. Pasadena's strong job market ensures a reliable tenant base, while the CAP rate will vary depending on the final property tax assessment. Don't m
This 6-unit Value-add apartment offering provides a whopping ±6.77% CAP Rate and ±7.95% Proforma CAP Rate translates to over 9% cash-on-cash return (buyer to verify), which is currently one of the highest CAP Rate for apartments in Pasadena submarket. The property is a two-story apartment with charming colonial revival architecture. It was built in 1892; it has a large building size of ±3,608 SF and is situated on a ±8,410 SF lot. It offers a desirable unit mix of two (2) x 2bed+1bath, and Four (4) x Studio units. Five (5) units have been upgraded with brand new flooring throughout, LED lighting, updated bathroom, 4 units have brand new kitchen with quartz counte
$1,550,000
4 beds6 baths3,608 sq ft
1315 N Marengo Ave, Pasadena, CA 91103
8,412 sq ft lot • 5 garage spots • Somewhat walkable
This exquisite single-family Craftsman-style home is located in the historic Garfield Heights district of Pasadena, preserving a century of Pasadena's rich heritage with a seamless blend of original exterior charm and modernized interior design. Featuring four spacious bedrooms and three luxurious bathrooms, this home offers an open-concept living area and kitchen, ideal for entertaining and family gatherings. The expansive primary suite provides a tranquil retreat with a private entrance to the backyard, ensuring both comfort and privacy. Each guest bedroom is generously sized, with bathrooms that showcase contemporary, high-end cabinetry, automated bidet systems, and LED smart mirrors for
Stunning New Construction in North Pasadena Built in 2022, this impressive property features two spacious units on an expansive 15,268-square-foot flat lot. Located on a picturesque street in north Pasadena, just moments from Orange Grove, Old Town, La Pintoresca Park, Robinson Park, Brenner Park, and Washington Park, these units boast identical floor plans. Each unit encompasses 2,519 square feet and includes 4 bedrooms and 5 bathrooms, along with a 694-square-foot three-car garage and a 247-square-foot porch. Large windows throughout ensure abundant natural light, making these homes ideal for entertaining, complete with high-end appliances. Unit Features: Downstairs: Each unit featu
$2,880,000
8 beds10 baths5,038 sq ft
1282 N Summit Ave, Pasadena, CA 91103
0.35 acre lot • 1388 garage spots • Somewhat walkable
5% Cap Current Rents with this multifamily investment opportunity with significant UPSIDE! With a large lot of about 38,240 square feet there is great potential for ADU possibilities. With mostly ideal single-story floor plans offering a unit mix of One 3Bed+2bath, Three 2Bed+2bath and 16 spacious 1Bed+1bath units. Each unit is equipped with wall-mounted air conditioning and heating, a mix of tile and carpet flooring, and expansive kitchens with gas oven/stove combinations. The property is well-maintained, showcasing an open grass courtyard, mature landscaping, an on-site laundry facility, and ample off-street parking, including carport options. This bread and butter apartment property is