Pasadena CA Real Estate & Commercial for Sale

55 Properties Found

The median home value in Pasadena, CA is $1,180,000. This is higher than the county median home value of $790,000. The national median home value is $308,980. The average price of homes sold in Pasadena, CA is $1,180,000. Approximately 42% of Pasadena homes are owned, compared to 51% rented, while 7% are vacant. Pasadena real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Pasadena real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
6,068
Status:
NEW LISTING
MLS#:
CRAR24077338
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1964
A broker reciprocity listing Courtesy: Jing Li - Treeline Realty & Investment Jing Li [email protected]
View additional info

RELOCATION FEES PAID The Tenancy Has Been Completed Turned Over With Excellent MARKET RENTS | The hard work has been done for YOU - TURNKEY investment opportunity | Truly One of A Kind Investment Property - Superb Location nearby PCC, Cal Tech, VONS, and In & Out. Extensive "Pride of Ownership" remodeling was done in 2023. The Complex features 6 two-bedroom units and one 3-bedroom unit. These are highly desirable Townhouse-Styled Units with 7 onsite Parking Spaces. Remodeled interiors with newer interior paint, waterproof flooring, lighting and crown moldings throughout, custom cabinetry, quartz countertops, stainless steel appliances, new sub-panels, and technically upgraded with Nest Thermostats and Ring Cameras. Newer exterior paint, windows and glass sliding doors, and 6 HVAC units, all completed in 2023. Exterior termite repairs completed in early 2023. Copper Plumbing. Separate Electricity & Gas Meters. On Site Laundry Room with 2 Sets of Machines. 7 water heaters instead of one main water heater plus a separate water heater for the laundry room. Excellent demographics with Median Household Income above $95,000 within a 3 mile radius.

Beds:
n/a
Baths:
Sq.Ft.:
25,347
Status:
Active
MLS#:
CRCV24074862
Type:
Business Opportunities
Lot size:
0.53 Acres
Year built:
1965
A broker reciprocity listing Courtesy: ERIC CHEN - CB RICHARD ELLIS ERIC CHEN [email protected]
View additional info

We are proud to exclusively present a multifamily opportunity located at 435 N Euclid Avenue in the City of Pasadena! 435 N Euclid Avenue is positioned in the highly desirable and vibrant Villa Parke neighborhood of Pasadena. The property is situated between E Villa Street and E Maple Street approximately less than one mile of the 210 Foothill Freeway. The location is also one mile away from the renowned and upscale neighborhood of the Pasadena Playhouse District, which is home to the Pasadena Playhouse Auditorium and several museums, galleries, and popular eateries. 435 N Euclid Avenue is a rare, 2-story, 37-unit property originally built in 1965 with renovations recently completed in 2023 and ADUs currently under construction in 2024. The property is situated on a single parcel of land for a total of 23,268 square feet and a total building size of 25,347 square feet. The property features an excellent unit mix of one-bed/one-bathroom, two-bedroom/one-bathroom, and two-bedroom/two-bathroom units averaging 685 square feet per unit. The property features renovated exteriors with covered parking, additional storage space, secure gated entry, courtyard with string lights, outdoor seating area and lush, mature landscaping. Units are renovated with stainless steel appliances, gas

Beds:
n/a
Baths:
Sq.Ft.:
3,480
Status:
Active
MLS#:
CRCV24075201
Type:
Mixed Use, Business Opportunities
Lot size:
0.15 Acres
Year built:
1927
A broker reciprocity listing Courtesy: Razi Farzad - RE/MAX MASTERS REALTY Razi Farzad [email protected]
View additional info

Commercial Building for Sale! In the beautiful city of Pasadena. Location is great! Tenant occupied. Buyers to conduct due diligence with associating themselves with the building and planning department in Pasadena - on the type of future developments, improvements, permits, etc.

Beds:
n/a
Baths:
Sq.Ft.:
3,480
Status:
Active
MLS#:
CV24075201
Type:
Mixed Use, Business Opportunities
Lot size:
0.15 Acres
Year built:
1927
Listing Agent: Razi Farzad CalDRE: 01230673 - RE/MAX MASTERS REALTY, 909-373-5093 Razi Farzad CalDRE: 01230673
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Commercial Building for Sale! In the beautiful city of Pasadena. Location is great! Tenant occupied. Buyers to conduct due diligence with associating themselves with the building and planning department in Pasadena - on the type of future developments, improvements, permits, etc.

Beds:
n/a
Baths:
Sq.Ft.:
2,181
Status:
Active
MLS#:
CL24378963
Type:
Business Opportunities
Lot size:
0.1 Acres
Year built:
1983
A broker reciprocity listing Courtesy: Martin Watkins - Watkins Realty & Investments Martin Watkins [email protected]
View additional info

This Amazing Office/ Residential property is strategically located in the Old Town/ Downtown Pasadena Area blocks to Pasadena City Hall and Civic Center but also bordering several Residential Streets. The Property is a 2 Story Gated Office Building with over 1,000 square feet on each Level (seperate entrances) with the 2nd Floor suite being Fully renovated with 5 individual offices/ rooms 2 bathrooms and a Full Kitchen. the Lower Unit is set Up for a Full Service Office with a large Lobby/ reception area, 3 Offices or suites , One kitchen and. a Lobby waiting area. In addition there are 6 parking spaces and a Large 2 Car Garage. which could be converted to ADU or Demolished for additional parking. Also the Seller has City of Pasadena APPROVED PLANS to build. an additional Rooftop Level with Sub level Parking.

Beds:
n/a
Baths:
Sq.Ft.:
2,181
Status:
Active
MLS#:
24378963
Type:
Mixed Use
Lot size:
0.1 Acres
Year built:
1983
Courtesy: Martin Watkins - Watkins Realty & Investments Martin Watkins
View additional info

This Amazing Office/ Residential property is strategically located in the Old Town/ Downtown Pasadena Area blocks to Pasadena City Hall and Civic Center but also bordering several Residential Streets. The Property is a 2 Story Gated Office Building with over 1,000 square feet on each Level (seperate entrances) with the 2nd Floor suite being Fully renovated with 5 individual offices/ rooms 2 bathrooms and a Full Kitchen. the Lower Unit is set Up for a Full Service Office with a large Lobby/ reception area, 3 Offices or suites , One kitchen and. a Lobby waiting area. In addition there are 6 parking spaces and a Large 2 Car Garage. which could be converted to ADU or Demolished for additional parking. Also the Seller has City of Pasadena APPROVED PLANS to build. an additional Rooftop Level with Sub level Parking.

Beds:
n/a
Baths:
Sq.Ft.:
2,181
Status:
Active
MLS#:
24378963
Type:
Mixed Use, Business Opportunities
Lot size:
0.1 Acres
Year built:
1983
Listing Agent: Martin Watkins CalDRE: 01249364 - Watkins Realty & Investments Martin Watkins CalDRE: 01249364
View additional info

This Amazing Office/ Residential property is strategically located in the Old Town/ Downtown Pasadena Area blocks to Pasadena City Hall and Civic Center but also bordering several Residential Streets. The Property is a 2 Story Gated Office Building with over 1,000 square feet on each Level (seperate entrances) with the 2nd Floor suite being Fully renovated with 5 individual offices/ rooms 2 bathrooms and a Full Kitchen. the Lower Unit is set Up for a Full Service Office with a large Lobby/ reception area, 3 Offices or suites , One kitchen and. a Lobby waiting area. In addition there are 6 parking spaces and a Large 2 Car Garage. which could be converted to ADU or Demolished for additional parking. Also the Seller has City of Pasadena APPROVED PLANS to build. an additional Rooftop Level with Sub level Parking.

Beds:
n/a
Baths:
Sq.Ft.:
8,430
Status:
Active
MLS#:
CRAR24068611
Type:
Business Opportunities
Lot size:
0.33 Acres
Year built:
1949
A broker reciprocity listing Courtesy: Emily Hon - Homes Realty Emily Hon [email protected]
View additional info

5.5% CAP Rate Beautiful Garden Style 16 Units Apartment in NW Pasadena. Two 8-units Buildings. Most units are updated. 100% Leased. Full Address is 1910 & 1918 Lincoln Ave., Pasadena, CA 91103. 2 Parcels (5825-014-003 & 5825-014-002). Unit Mix of (12) 1Bed+1Bath, (2) 2Bed+1.5Bath, & (2) Studio. 14 Parking spaces and shared laundry on site. Excellent upside in rents. Hardly any vacancy. Very easy to manage. Drive By Only.

Beds:
n/a
Baths:
Sq.Ft.:
7,556
Status:
Active
MLS#:
CL24378431
Type:
Business Opportunities
Lot size:
0.26 Acres
Year built:
1963
A broker reciprocity listing Courtesy: Mark Ventre - Kidder Mathews of California, Inc. Mark Ventre [email protected]
View additional info

174 N Mar Vista Ave, constructed in 1963, boasts upgraded units with private patio areas and balconies, with an estimated 35% rental income upside. Property can be purchased individually or in a package with 151 N Wilson (10 units) and/or 113 N Grand Oaks (8 units).

Beds:
n/a
Baths:
Sq.Ft.:
5,884
Status:
Active
MLS#:
CL24378351
Type:
Business Opportunities
Lot size:
0.24 Acres
Year built:
1920
A broker reciprocity listing Courtesy: Mark Ventre - Kidder Mathews of California, Inc. Mark Ventre [email protected]
View additional info

151 N Wilson Ave is a charming 1920's vintage building with a mix of one and two-bedroom layouts. Only several of the units are renovated, offering a 33% potential increase in rental income after renovations. The Property benefits from a prime Playhouse District location, attractive unit mix, low vacancy rate and convenient amenities, making it an ideal investment in this vibrant neighborhood. CAN BE PURCHASED ALONG WITH 113 N GRAND OAKS AVE, PASADENA AND/OR 174 N MAR VISTA AVE, PASADENA.

Beds:
n/a
Baths:
Sq.Ft.:
5,884
Status:
Active
MLS#:
24378351
Type:
Business Opportunities
Lot size:
0.24 Acres
Year built:
1920
Listing Agent: Mark Ventre CalDRE: 01811490 - Kidder Mathews of California, Inc. Mark Ventre CalDRE: 01811490
View additional info

151 N Wilson Ave is a charming 1920's vintage building with a mix of one and two-bedroom layouts. Only several of the units are renovated, offering a 33% potential increase in rental income after renovations. The Property benefits from a prime Playhouse District location, attractive unit mix, low vacancy rate and convenient amenities, making it an ideal investment in this vibrant neighborhood. CAN BE PURCHASED ALONG WITH 113 N GRAND OAKS AVE, PASADENA AND/OR 174 N MAR VISTA AVE, PASADENA.

Beds:
n/a
Baths:
Sq.Ft.:
5,884
Status:
Active
MLS#:
24378351
Type:
Other
Lot size:
0.24 Acres
Year built:
1920
Courtesy: Mark Ventre - Kidder Mathews of California, Inc. Mark Ventre
View additional info

151 N Wilson Ave is a charming 1920's vintage building with a mix of one and two-bedroom layouts. Only several of the units are renovated, offering a 33% potential increase in rental income after renovations. The Property benefits from a prime Playhouse District location, attractive unit mix, low vacancy rate and convenient amenities, making it an ideal investment in this vibrant neighborhood. CAN BE PURCHASED ALONG WITH 113 N GRAND OAKS AVE, PASADENA AND/OR 174 N MAR VISTA AVE, PASADENA.

Beds:
n/a
Baths:
Sq.Ft.:
1
Status:
Active
MLS#:
CRWS24065449
Type:
Business Opportunities
Lot size:
0.33 Acres
Year built:
2025
A broker reciprocity listing Courtesy: Q JENSAN CHENG - JENOAK PROPERTIES Q JENSAN CHENG [email protected]
View additional info

This property is offered for sale for its land value. See Land Listing WS24063203 for more details. All listing information herein is based on 29 buildable units. Presently, the property has 4 existing structures on the lot, consisting of 1 SFR, 1 duplex, and 2 fourplexes, with a GSI of up to $332,000 per year(pro forma). Great bonus while waiting for building permits! All structures are to be sold "as is." Submit your best offer by considering the number of buildable units and the value of all the new units after construction. A hefty profit! All information provided is deemed reliable but is not guaranteed and should be independently verified. Seller made no warranties or representations of any kind.

Beds:
n/a
Baths:
Sq.Ft.:
3,410
Status:
Active
MLS#:
CRTR24067755
Type:
Business Opportunities
Lot size:
0.26 Acres
Year built:
1956
A broker reciprocity listing Courtesy: Willow Liu Weil - Universal Elite Inc. Willow Liu Weil [email protected]
View additional info

A great opportunity to acquire the 5 units multi-family property 63 & 65 S Roosevelt Ave. in Lamanda Park neighborhood of the highly desirable city of Pasadena. 5 mins walk to Pasadena Plaza, including Vons, US bank, UPS store, restaurants and coffee shops. 3 mins drive to California Institute of Technology and Pasadena City College, and also within minutes to Old Pasadena. With a great unit mix of one 3 bed / 2 bath house with private fenced yard and four 1 bed / 1 bath units, this 100% fully leased turn-key property offers a total 3,410sqft building on a 11,437sqft lot. 63 & 65 Roosevelt Ave is a very attractive single-story apartment that was built in 1956, which is a prime Pasadena income-producing property and a great value-add opportunity for a short or long-term investment. Significant Potential for Rental Upside by converting it to two stories apartment building with 12+ units (most of the neighbors are two stories). The front house (65 S Roosevelt) is a 3 bedroom 2 bathroom single family style house with approximately 1,650sqft in size. The house has its own large private yard with mature landscaping and secured gate. The back property (63 S Roosevelt) is a four-unit apartment. All units are comprised of wall air conditioning and heating, laminate flooring, spacious kitc

Beds:
n/a
Baths:
Sq.Ft.:
3,410
Status:
Active
MLS#:
TR24067755
Type:
Multi-Family, Business Opportunities
Lot size:
0.26 Acres
Year built:
1956
Listing Agent: Willow Liu Weil CalDRE: 01988530 - Universal Elite Inc., 6263213660 Willow Liu Weil CalDRE: 01988530
View additional info

A great opportunity to acquire the 5 units multi-family property 63 & 65 S Roosevelt Ave. in Lamanda Park neighborhood of the highly desirable city of Pasadena. 5 mins walk to Pasadena Plaza, including Vons, US bank, UPS store, restaurants and coffee shops. 3 mins drive to California Institute of Technology and Pasadena City College, and also within minutes to Old Pasadena.With a great unit mix of one 3 bed / 2 bath house with private fenced yard and four 1 bed / 1 bath units, this 100% fully leased turn-key property offers a total 3,410sqft building on a 11,437sqft lot. 63 & 65 Roosevelt Ave is a very attractive single-story apartment that was built in 1956, which is a prime Pasadena income-producing property and a great value-add opportunity for a short or long-term investment. Significant Potential for Rental Upside by converting it to two stories apartment building with 12+ units (most of the neighbors are two stories). The front house (65 S Roosevelt) is a 3 bedroom 2 bathroom single family style house with approximately 1,650sqft in size. The house has its own large private yard with mature landscaping and secured gate. The back property (63 S Roosevelt) is a four-unit apartment. All units are comprised of wall air conditioning and heating, laminate flooring, spacious kitchens with gas oven/stove combinations, in-unit laundry, individually metered gas and electricity and surface parking with ample street parking. All 5 units are currently occupied (100% occupancy) with potential upside for extra cash flow in the future.

Beds:
n/a
Baths:
Sq.Ft.:
3,217
Status:
Active
MLS#:
CL24376253
Type:
Business Opportunities
Lot size:
0.15 Acres
Year built:
1947
A broker reciprocity listing Courtesy: Elsa Araya - Keyholder Estate Elsa Araya [email protected]
View additional info

Welcome to your new investment opportunity in the area of Pasadena! Presenting this well-maintained 5-unit apartment building that offers both comfort and convenience. Each unit comes with its own designated parking spot in the rear, ensuring hassle-free parking for tenants. Upon entering the property, you'll find two units: one featuring 2 bedrooms and 1 bathroom, and the other offering 1 bedroom and 1 bathroom. Above each of these units lies identical rooms and layouts, providing consistency throughout the building. As you explore further, you'll discover the last 1 bedroom, 1 bathroom apartment tucked away separately from the other four units, offering a sense of privacy and exclusivity. Additionally, the property boasts a garage and a laundry room in the back, enhancing convenience for both tenants and owners alike. Located in close proximity to schools, parks, trails, and the charming Old Town Pasadena, this property promises a lifestyle of ease and enjoyment for its residents. Don't miss out on this incredible opportunity to own a piece of Pasadena's thriving real estate market and the endless possibilities this property has to offer!

Beds:
n/a
Baths:
Sq.Ft.:
6,448
Status:
Active
MLS#:
CL24372081
Type:
Business Opportunities
Lot size:
0.2 Acres
Year built:
1979
A broker reciprocity listing Courtesy: Mark Ventre - Kidder Mathews of California, Inc. Mark Ventre [email protected]
View additional info

113 N Grand Oaks Ave, built in 1979, features well-maintained two-bedroom units with modern amenities, including central air conditioning and covered parking, offering a 44% potential rental income increase. Property can be purchased individually or as a portfolio with 174 N Mar Vista Ave, Pasadena (12 units) and/or 151 N Wilson Ave, Pasadena (10 units).

Beds:
n/a
Baths:
Sq.Ft.:
6,448
Status:
Active
MLS#:
24372081
Type:
Other
Lot size:
0.2 Acres
Year built:
1979
Courtesy: Mark Ventre - Kidder Mathews of California, Inc. Mark Ventre
View additional info

113 N Grand Oaks Ave, built in 1979, features well-maintained two-bedroom units with modern amenities, including central air conditioning and covered parking, offering a 44% potential rental income increase. Property can be purchased individually or as a portfolio with 174 N Mar Vista Ave, Pasadena (12 units) and/or 151 N Wilson Ave, Pasadena (10 units).

Beds:
n/a
Baths:
Sq.Ft.:
6,448
Status:
Active
MLS#:
24372081
Type:
Business Opportunities
Lot size:
0.2 Acres
Year built:
1979
Listing Agent: Mark Ventre CalDRE: 01811490 - Kidder Mathews of California, Inc. Mark Ventre CalDRE: 01811490
View additional info

113 N Grand Oaks Ave, built in 1979, features well-maintained two-bedroom units with modern amenities, including central air conditioning and covered parking, offering a 44% potential rental income increase. Property can be purchased individually or as a portfolio with 174 N Mar Vista Ave, Pasadena (12 units) and/or 151 N Wilson Ave, Pasadena (10 units).

Beds:
n/a
Baths:
Sq.Ft.:
13,859
Status:
Active
MLS#:
CRCV24052236
Type:
Business Opportunities
Lot size:
0.88 Acres
Year built:
1950
A broker reciprocity listing Courtesy: ERIC CHEN - CB RICHARD ELLIS ERIC CHEN [email protected]
View additional info

We are proud to exclusively present a multifamily opportunity to acquire 485 East Washington Boulevard in the city of Pasadena. 485 East Washington Boulevard is situated between Los Robles Avenue and El Molino Avenue just two blocks west of North Lake Avenue. The property is within walking distance to grocery stores, restaurants, parks, and schools. The property is also within minutes to essential city frequented locationsShops on Lake, The Paseo, Pasadena Plaza, Oldtown Pasadena, Pasadena City College, California Institute of Technology, Jet Propulsion Laboratory, Art Center College of Design, Kidspace Childrens Museum, and Eaton Canyon Nature Center. The city of Pasadena is ideally located within Southern California and offers easy and convenient access to all of Los Angeles County, Ventura County, San Bernardino County and beyond through the 210, 134, 110, 2 and 5 freeways as well as the Lake Avenue Gold Line Metro Rail station. Significant local landmarks within a 20-mile radius include: The Huntington Library, The Rose Bowl, Dodger Stadium, Crypto.com Arena, Santa Anita Park, Griffith Observatory, Los Angeles Zoo, Hollywood Walk of Fame, Hollywood Bowl, Universal Studios, and more. 485 East Washington Boulevard is situated on a large lot of approximately 38,240 squar

Beds:
n/a
Baths:
Sq.Ft.:
5,275
Status:
Active
MLS#:
CL24360655
Type:
Business Opportunities
Lot size:
0.19 Acres
Year built:
1952
A broker reciprocity listing Courtesy: Sevak Keshishian - Marcus & Millichap Sevak Keshishian [email protected]
View additional info

We proudly present the acquisition opportunity of 3864 E. Colorado Blvd, a retail property nestled in the vibrant heart of East Pasadena. Spanning 5,275 square feet, this 1952-built asset sits on an 8,845 square foot lot, uniquely zoned for Mixed Use Development (MXD). The property hosts three retail spaces, offering a blend of architectural charm and functional versatility.Currently, two of the three units are occupied under one-year leases set to conclude this year, with the remaining space filled by a tenant on a month-to-month agreement. This setup presents a rare opportunity for investors to potentially enhance income by an estimated 30% through strategic interior and exterior renovations post-lease expirations. Additionally, the site offers an enticing prospect for owner-users, who can leverage SBA financing options for reduced down payments, making acquisition more accessible and appealing. Strategically positioned within a Transit Oriented District, 3864 E. Colorado Blvd benefits from a "Mixed Use" (MU) designation on the East Pasadena-East San Gabriel Land Use Policy Map, supporting a maximum density of 150 units per acre, a floor area ratio of up to 3, and allowing for structures up to 65 feet in height. The MXD zoning further broadens the potential uses, making it an i

Beds:
n/a
Baths:
Sq.Ft.:
5,275
Status:
Active
MLS#:
24360655
Type:
Other
Lot size:
0.19 Acres
Year built:
1952
Courtesy: Sevak Keshishian - Marcus & Millichap Sevak Keshishian
View additional info

We proudly present the acquisition opportunity of 3864 E. Colorado Blvd, a retail property nestled in the vibrant heart of East Pasadena. Spanning 5,275 square feet, this 1952-built asset sits on an 8,845 square foot lot, uniquely zoned for Mixed Use Development (MXD). The property hosts three retail spaces, offering a blend of architectural charm and functional versatility.Currently, two of the three units are occupied under one-year leases set to conclude this year, with the remaining space filled by a tenant on a month-to-month agreement. This setup presents a rare opportunity for investors to potentially enhance income by an estimated 30% through strategic interior and exterior renovations post-lease expirations. Additionally, the site offers an enticing prospect for owner-users, who can leverage SBA financing options for reduced down payments, making acquisition more accessible and appealing. Strategically positioned within a Transit Oriented District, 3864 E. Colorado Blvd benefits from a "Mixed Use" (MU) designation on the East Pasadena-East San Gabriel Land Use Policy Map, supporting a maximum density of 150 units per acre, a floor area ratio of up to 3, and allowing for structures up to 65 feet in height. The MXD zoning further broadens the potential uses, making it an ideal investment for those looking towards future development possibilities. The property's prime location, just south of the 210 Freeway and flanked by Rosemead Blvd and Michillinda Ave, places it on one of San Gabriel Valley's principal arteries. It is enveloped by a rich tapestry of local enterprises, dining options, retail outlets, and residential areas, ensuring a constant flow of foot traffic and visibility. Proximity to key transit routes and notable landmarks such as Hastings Ranch Plaza, Hastings Village Shopping Center, the LA County Arboretum, Santa Anita Park, and Westfield Santa Anita mall, coupled with easy access to the 210 Freeway, enhances its appeal to both potential investors and tenants seeking convenience and connectivity. This property not only offers immediate rental income potential but also serves as a canvas for visionary development, promising a blend of immediate returns and long-term strategic value. Seize the opportunity to invest in a location where tradition meets potential, at 3864 E. Colorado Blvd, East Pasadena.

Beds:
n/a
Baths:
Sq.Ft.:
5,275
Status:
Active
MLS#:
24360655
Type:
Business Opportunities
Lot size:
0.19 Acres
Year built:
1952
Listing Agent: Sevak Keshishian CalDRE: 01887505 - Marcus & Millichap Sevak Keshishian CalDRE: 01887505
View additional info

We proudly present the acquisition opportunity of 3864 E. Colorado Blvd, a retail property nestled in the vibrant heart of East Pasadena. Spanning 5,275 square feet, this 1952-built asset sits on an 8,845 square foot lot, uniquely zoned for Mixed Use Development (MXD). The property hosts three retail spaces, offering a blend of architectural charm and functional versatility.Currently, two of the three units are occupied under one-year leases set to conclude this year, with the remaining space filled by a tenant on a month-to-month agreement. This setup presents a rare opportunity for investors to potentially enhance income by an estimated 30% through strategic interior and exterior renovations post-lease expirations. Additionally, the site offers an enticing prospect for owner-users, who can leverage SBA financing options for reduced down payments, making acquisition more accessible and appealing. Strategically positioned within a Transit Oriented District, 3864 E. Colorado Blvd benefits from a "Mixed Use" (MU) designation on the East Pasadena-East San Gabriel Land Use Policy Map, supporting a maximum density of 150 units per acre, a floor area ratio of up to 3, and allowing for structures up to 65 feet in height. The MXD zoning further broadens the potential uses, making it an ideal investment for those looking towards future development possibilities. The property's prime location, just south of the 210 Freeway and flanked by Rosemead Blvd and Michillinda Ave, places it on one of San Gabriel Valley's principal arteries. It is enveloped by a rich tapestry of local enterprises, dining options, retail outlets, and residential areas, ensuring a constant flow of foot traffic and visibility. Proximity to key transit routes and notable landmarks such as Hastings Ranch Plaza, Hastings Village Shopping Center, the LA County Arboretum, Santa Anita Park, and Westfield Santa Anita mall, coupled with easy access to the 210 Freeway, enhances its appeal to both potential investors and tenants seeking convenience and connectivity. This property not only offers immediate rental income potential but also serves as a canvas for visionary development, promising a blend of immediate returns and long-term strategic value. Seize the opportunity to invest in a location where tradition meets potential, at 3864 E. Colorado Blvd, East Pasadena.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
CRAR24034803
Type:
Business Opportunities
Lot size:
0.4 Acres
Year built:
1960
A broker reciprocity listing Courtesy: Han Chen - Growth Investment Group Pasade Han Chen [email protected]
View additional info

4.30% CAP Rate Turnkey 16-unit near Pasadena Playhouse District & Lake Ave Shopping. 435 N Wilson Ave, a turnkey and beautifully upgraded 16 units apartment within walking distance to Pasadena Playhouse and South Lake Ave District in the highly desirable City of Pasadena. Situated in the heart of Pasadena, just steps away from the vibrant Old Town, this property benefits from an enviable location that attracts a diverse range of tenants. Situated on an oversized high-density lot, the property offer an investor the rare opportunity to own a turnkey apartment with future development opportunity in an extremely good location in Pasadena. The property has been completely renovated with permits (between 2022-2023 buyer to verify). It was built in 1960 and consists of 1 single-story building and 1 two-story building. It is situated on an oversized 17,367sf High Density R4 Lot. This high-density lot provides a clear opportunity for Additional Dwelling Units or future redevelopment opportunity (buyer to verify). The single-story building consists of 6 units. The first unit has a fireplace. The 2-story building consists of the remaining 10 units. Each unit has a sizable private patio or balcony. Top-to-bottom renovations were completed recently on the property, which includes brand

Beds:
n/a
Baths:
Sq.Ft.:
4,228
Status:
Active
MLS#:
CRMB24032711
Type:
Business Opportunities
Lot size:
0.26 Acres
Year built:
1959
A broker reciprocity listing Courtesy: ALEXANDRA PARRA RIVERA - CENTURY 21 REALTY MASTERS ALEXANDRA PARRA RIVERA [email protected]
View additional info

Welcome to this exceptional 7-unit property nestled in the beautiful city of Pasadena! Located conveniently close to Pasadena City College, the 210 freeway, shops, and restaurants, this property offers an unparalleled opportunity for both investors and residents alike. The property features a diverse mix of units, catering to various needs and preferences. The main building comprises a spacious 4-bedroom, 2-bathroom, and studio unit, perfect for an investor looking to maximize his profits. In the second building, you'll find four charming apartments, each unit 1 bedroom and 1 bathroom. One of the units will be delivered vacant, presenting an excellent opportunity for immediate rental at market rents, maximizing potential income for the new owner. The property's proximity to Pasadena City College makes it an attractive option for students and faculty seeking convenient housing options. The nearby 210 freeway offers easy access to surrounding areas, making commuting a breeze. Surrounded by shops, restaurants, and amenities, residents will enjoy the vibrant lifestyle that Pasadena has to offer. Whether it's exploring the local dining scene, shopping at nearby boutiques, or enjoying outdoor activities in one of Pasadena's beautiful parks, there's something for everyone to enjoy in th

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Bay East ©2022. CCAR ©2022. bridgeMLS ©2022 . Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 4/23/2024.

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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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