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$1,748,000
AR26164327 MLS
Situated in the highly desirable Madison Heights neighborhood of Pasadena, this unique multi-unit property offers exceptional investment potential. Set on a spacious 12,342 sq.ft. lot and zoned RM-32, the property presents a rare opportunity for future development. According to the City of Pasadena (buyer to verify), the lot size may allow for the construction of approximately 9 units. The property currently features 3 separate tenant-occupied units: 894 S. Marengo: 3 Bedrooms, 2 Baths, ( front house) 892 S. Marengo: 2 Bedrooms, 1 bath ( middle house and 896 S. Marengo 2 BR, 1 BA ( back house) Additional amenities include three single car garages on site. Whether you're looking to expand your investment portfolio, generate immediate rental income, or explore development possibilities, this property offers versatility and long-term upside in one of Pasadena's most sought-after locations.

892 S Marengo, Pasadena

$1,200,000
3 Beds 2 Baths IV26160957 MLS
Exceptional northwest residential location of Pasadena in the Historic Highlands neighborhood . . . One of Pasadena's most sough-after-neighborhoods with beautiful character homes & a sense of community . . . Residents enjoy cherished neighborhood traditions including the annual Fourth of July Parade. . . This home is centrally located near shopping convenience & boutique shops & restaurants . . . The 210 Freeway is close by . . . The lot is large & has a long driveway for parking several vehicles, RV, or boat . . . Front yard features a large lush lawn . . . This home has HUGE potential & versatility . . The front of the home can be used by one family and includes living room, family room/dining room, kitchen, full bath, & two bedrooms . . . While the back of the home with it's separate entry & approximately 440 sq ft of living area & has a 2nd kitchen, bath, & large room with closet . . . In addition, there is a separate permitted structure part of the original construction of the home that measures 20' x 25' or 500 square feet . . . This separate structure can be easily converted to ADU (Accessory Dwelling Unit) and can also be added about an additional 240 square feet making it a potential 740 sq ft ADU . . . The front porch is inviting as you step inside to living room with fireplace . . . Adjacent to living room is the large family room/dining room . . . Kitchen is versatile & practical with adjacent laundry room . . . Home needs a few minor improvements to make it a perfect place to live.

1383 N Oxford, Pasadena

$999,000
3 Beds 3 Baths AR26157823 MLS
Gated Community! Spacious 3-Bedroom Condo Near PCC, Caltech & Gold Line. Welcome to this beautifully maintained 3-bedroom, 2.5-bath condo located in a secure gated complex with gated garage access, offering both privacy and peace of mind. Ideally situated near Pasadena City College (PCC), Caltech, and the Metro Gold Line, this home provides unmatched convenience for commuting, studying, or enjoying the vibrant local lifestyle. Inside, you'll find an open and airy layout with abundant natural light streaming through numerous windows. The main living area flows seamlessly into the dining and kitchen areas, perfect for entertaining or relaxing at home. Whether you're a first-time homebuyer, investor, or looking for a centrally located residence, this condo offers comfort, style, and an unbeatable location. Enjoy the ease of access to the 210 Freeway, just minutes to Old Town Pasadena and a short drive to Downtown LA—offering the best of dining, shopping, and entertainment.

66 N Allen Avenue Unit 3, Pasadena

$1,700,000
3 Beds 2 Baths AR26143321 MLS
Beautifully restored while preserving its original charm, this inviting single-story French Country residence offers 3 bedrooms, 2 bathrooms, approximately 1,869 square feet of living space, and sits on a generous 8,701-square-foot lot. A welcoming formal entry opens to a spacious living room highlighted by a stunning leaded glass picture window, elegant fireplace, and plantation shutters. The formal dining room provides an ideal setting for entertaining, while the updated kitchen combines classic style with modern convenience, featuring stone flooring, stainless steel appliances, a Thermador range, a large walk-in pantry, and a bright breakfast nook with built-in seating. An adjoining flex space is perfect for a home office, reading area, or children’s playroom. The comfortable primary suite features a charming window seat, creating the perfect place to relax. Two additional bedrooms share a convenient Jack-and-Jill bathroom with a three-quarter shower, while French doors open seamlessly to the backyard patio, blending indoor and outdoor living. Throughout the home, you’ll appreciate rich hardwood flooring, recessed lighting, crown molding, warm designer tones, central heating and air conditioning, and an interior laundry area. The beautifully landscaped backyard offers a slate patio ideal for outdoor dining and entertaining, a lush grassy lawn, a long driveway, and a detached two-car garage. This exceptional home captures the warmth and character of its original era while thoughtfully incorporating today’s modern comforts, creating a timeless residence ready to be enjoyed.

2205 Las Lunas, Pasadena

$6,780,000
AR26139329 MLS
TROPHY Class-A Location - 20-unit Steps from South Lake Ave, Erewhon, Caltech, and Old Town Pasadena | Attractive Returns with Major CapEx Completed | Bungalow Style Units + Expansive R3-Zoned Lot. HACIENDA GARDEN, a 20-unit apartment (2 x 10-unit) investment opportunity located in the highly desirable Playhouse District area of Pasadena, an eclectic cosmopolitan community rich in history and architecture. The property is right in the heart of Pasadena with short walking distance to multiple popular districts such as South Lake Ave Business District, Erewhon, CALTECH, and Old Town Pasadena. This offer provides investors with an opportunity to acquire a well-maintained asset in a trophy location with attractive return. It has a Walk Score of 81 out of 100. HACIENDA GARDEN is a 20-unit garden-style apartment community that consists of two properties: 529 S El Molino (10 units) and 541 S El Molino (10 units). It has a total building size of ±14,815 sqft and is situated on a large 30,367 sqft R3-zoned lot with excellent curb appeal and neatly manicured landscaping. It is exceptionally well-maintained in a Class-A neighborhood of Pasadena. 529 S El Molino is a bungalow style 10-unit with a total building size of 8,263 SF and situated on a 20,252 SF lot. It offers a gorgeous bungalow-style layout with center courtyard complete with attractive curb appeal. It has 10 units that are spread out over 5 buildings. Four of them are single story bungalows, and the fifth building is a two-story building. It has two (2) x 2-bedroom+1-bathroom, six (6) x 1-bedroom+1-bathroom, and two (2) x Studio units. Many units have been partially updated with refinished original hardwood floor, high 10ft ceiling, crown molding, upgraded bathroom, designer lighting fixtures, windows A/C, and tiled kitchen. The 4 back units are large with estimated size of ±1038 sqft per unit. The 541-S was built in 1950, has a total building size of 6,552 SF and is situated on a 10,115 SF lot. It is a two-story garden style apartment with brick pavers walkway. It offers ten (10) x 1-bedroom+1-bathroom units. The building has brand new staircases (rebuilt with permit) and several units have been updated with 2 units have full copper plumbing. The property does NOT have any tuck-under parking and does NOT require any soft story retrofit. It is individually metered for electricity and gas, and has a shared laundry room.

529 541 S EL MOLINO Street, Pasadena

$12,500,000
WS26119866 MLS
The Wilson Apartments and Townhomes is in the Caltech neighborhood in Pasadena. This 38-Unit community is a premier asset which rarely comes to market in this absolute A+ location. This coveted address places you near the charming Shoppes on South Lake, the esteemed Cal Tech Institute of Technology, and an array of Pasadena’s most beloved attractions, offering an unparalleled lifestyle of convenience and sophistication. This apartment and townhome community presents a blend of thoughtfully designed residences, including four spacious 3-bedroom, 2.5-bathroom townhomes, six 2-bedroom, 2-bathroom units, and twenty-eight charming 1-bedroom, 1-bathroom units. With many of the units having stylish plank flooring, modern electric stoves, and the comfort of central heating and air conditioning. Nearly half of the AC units have already been upgraded for optimal efficiency. The building has undergone partial re-piping with copper and the owner has recently completed replacing all electrical subpanels inside the units. With rents still below market and the ability to modernize the units even further, Wilson Apartments and Townhomes offers investors value-add upside in arguably one of the best locations in the city. Secure Parking, Modern Amenities, and Unmatched Tenant Appeal Residents enjoy remote accessed gated subterranean parking, featuring 38 assigned, gated spaces. Additional amenities include elevator access from the parking, pool and onsite laundry facility. Best in class location coupled with the amenities, attracts renters ranging from students to professors to local area workforce employees. Looking ahead for investors, there are no requirements for soft story retrofit and SB 721 has been completed. Whether you seek an exceptional investment opportunity or a property that blends comfort, and prime accessibility, Wilson Apartments and Townhomes is a rare Pasadena community, any astute investor should have interest.

195 S Wilson Avenue, Pasadena

$2,100,000
AR26120225 MLS
Pride-of-Ownership 7-Unit Multifamily in Lamanda Park Area, Beautifully Maintained Apartment in an Excellent Location, Excellent Demographics (±$172k) – Walkscore 90, New Roofs, New Exterior Paint, and Other Recent Capital Improvements, Mature SFR Neighborhood, First Time for Sale Since 2009, Clear ADUs Upside. 63-67 S Daisy Ave, a pride-of-ownership 7-unit multifamily gem in Pasadena's Lamanda Park neighborhood. This property represents a rare "Value-Add" play in a Class-A location, offering an actual over 5% CAP rate with significant potential for further appreciation through rental increases, ADU development and long-term improvements. This garden-style asset sits in an A-location, in a mature and quiet single family residential neighborhood – adjacent to newer built condominiums, yet only minutes to central Pasadena via Colorado Blvd. With a Walk Score of 90, Fantastic Demographics of $172k in a-mile radius, and proven appeal to high-caliber tenants (including international PCC students and Caltech professionals), it delivers effortless leasing and superior retention – most units rent to young pros seeking walkable luxury. Built in 1960, the 4055 SF property sits on a 9496 SF lot boasts pride of ownership Single Family Residential feel and has been meticulously maintained by current ownership. First time offered for sale since 2009, the beautiful apartment consists of 2 buildings: front SFR style triplex and back single-story fourplex. Unit mix includes 1 x 2bedroom+1bathroom and 6 x 1bedroom+1bathroom. The front 2bedroom unit is a single family house setting with private patio, 2 car garage (direct access) and central heating. The back fourplex is a single story layout with a novel semi-private patio which makes it very attractive and easy to rent units. Each unit is spacious with either carpet or wood floor, all units have laundry hookups in kitchen area (2 units in the front comes with laundry machines), individual water heater, and individually metered for electricity and gas. Parking is provided by 8 spaces – 2 car garage for the front 2bedroom unit, 1 open space, 4 car garage in the back and 1 carport in the back (accessible through alley). It has undergone many recent Capital Improvements such as: brand new roofs, brand new exterior paints, and brand new contemporary cable fence. The back of the property is adjacent to the highly rated WALDEN Elementary School.

63 S Daisy, Pasadena

$2,850,000
AR26119886 MLS
RAYMOND SEVEN - 425 N Raymond Ave, a 7-unit Turnkey Garden style apartment investment opportunity located in the highly desirable City of Pasadena, CA. With full renovation recently completed and full occupancy with market rents, this offering provides a highly cash flowing building without doing any work. Offered at a very attractive Close to 6% CAP Rate (buyer to verify), this offering provides an excellent Cash-on-cash return on a full Turnkey building where the owner does not have to worry about renovating units, dealing with low-rent tenants, or any deferred maintenance. Current owner has spent enormous time and capital in fully upgrading the building including replacing the mechanical, electrical, plumbing, and roof. They have upgraded the building with new railings, stucco changes, stairway & walkway repair, exterior painting, landscaping, new windows, structural and foundation support, and all units upgraded. The building is fully occupied with market rate tenants and providing excellent rental income close to market. The property is in a quiet and mature residential area surrounded by SFR houses across the street and duplex/fourplex on each side. It is only 2 blocks north of the Old Town Pasadena and minutes away from most of the major attractions in the City of Pasadena including Rose Bowl area. FWY 210 and FWY 134 is less than a minute away from the property. The property was built in 1947, has ±5,001 SF building size and is situated on a ±9,902 SF lot size. It has a superb curb appeal with a large lawn and parking area in the front with the main building sits in the back part of the lot – providing extra sound barrier and privacy to tenants. It offers an attractive unit mix of four (4) x 2bed+1bath, 1 x Penthouse 1bed+1bath, and two (2) x 1bed+1bath units. The Penthouse unit occupies the entire 3rd floor with excellent view of Pasadena area. Each unit has been fully upgraded from top to bottom with brand-new everything (flooring, lighting, kitchen, and bathroom). It has in-unit laundry machines and stainless-steel kitchen appliances. Two of the 2nd floor units have private balcony, and the Penthouse has private balcony with views. Several units have large bedrooms and/or kitchens, and some units have had some upgrades which include updated vinyl wood plank/flooring. All units have smooth ceilings.

425 N Raymond Avenue, Pasadena

$2,500,000
AR26116221 MLS The Portofino BLDG.
Value-add Opportunity! Prime Location Owner-User or Value-add or Mixed-Use Redevelopment Opportunity, Superb location between Lake Ave & Hill Ave, south of 210 FWY, One of the Best Value-add Deal with ±44% Vacancy, Wide range of Allowed Use including Medical use and Medical R&D, Adjacent to Approved 34-condo project, CG Zone - MULTIPLE USE/REDEVELOPMENT OPTIONS - Owner Since 1973. The PORTOFINO - 1245 E Walnut St, Pasadena, CA. This Value-add commercial property is single story commercial office/retail with superb exposure right on Walnut St, located between Lake Ave and Hill Ave, and south of 210 FWY, it is the first time this property is being offered for sale since 1973! It is on a large ±16,881 SF/0.39ACRE corner lot with high density CG (ECSP-CG-1 Commercial General - HIGH DENSITY) zoning - Allowed Use: This flexible zoning allows Retail, also permits medical offices, professional office suites, medical R&D, multi-family residential projects, and transit-oriented developments (BUYER TO VERIFY!). A savvy developer would be able to maximize this lot with a high-density mixed-use redevelopment project (ground floor retail, and residential on subsequent floors) or a 100% affordable development which will remove any density limit. It has a total of 6,536SF building size on a ±16,881SF lot. It is separated into 16 individual suites. 8 of the suites are vacant and will be delivered vacant (approximately ±2,860 SF / ±44% - buyer to verify) which makes this building suitable for an owner-user. The remaining 8 tenants are all on month-to-month rent and are significantly below market. This clear rental upside provides clear opportunities for an owner-user or developer to immediately increase the rents and boost the current income. The property has a wide ±150ft exposure on Walnut Street and offers a CG (Commercial General) zoning which should allow much higher density redevelopment options (buyer to verify). The zoning allows a wide range of uses including (but not limited to): Medical use, Medical R&D, Retail, Residential, Transit-Oriented Development, Professional Office, and other wide range of uses. It enjoys a high traffic volume of ±16,808 CPD and has superb demographics with ±$125,686 average household income within a mile radius. The building has attractive curb appeal and separately metered for electricity. There are 17 electrical meters – the main panel has been updated. There are 2 shared bathrooms.

1245 E Walnut Street, Pasadena

$1,599,000
CV26092651 MLS
This Duplex offers a total of 10 bedrooms and 4 bathrooms, each unit has 5 bedrooms 2 baths, 1 bedroom and 1 bathroom on the lower level, along with 3 bedrooms and 1 bathroom on the upper level. Formerly used as a rehabilitation center and, more recently, for religious services, the property presents excellent potential for a variety of uses, such as student housing, a wellness center, board and care facility, assisted living, religious services, a meditation center, or other private services. The property was recently renovated with new windows, electrical and plumbing. It features a private front yard that can be utilized for parking or as a sitting area, complemented by a beautifully landscaped entrance. Conveniently situated in the heart of Pasadena, it offers immediate access to the 210 Freeway and is just minutes from Caltech, JPL, Pasadena City College, and the Rose Bowl.

1325 Glen, Pasadena

$1,499,000
AR26086278 MLS
3 Houses on a large Lot - several blocks north of Old Town Pasadena, Large ±13k SF Lot, highly desirable layout, Easy to Rent and Manage - Can add 3 ADUs. 542 N Madison Ave, a Three House on a lot in the City of Pasadena. Situated only several blocks north of Old Town Pasadena, 2 blocks west of Los Robles Ave, and just within walking distance of many dining, shopping, and other attractions in Pasadena. It is situated on a quiet residential street surrounded by single family houses. This property is being sold together with 5 adjacent buildings to its north and south that are own by same seller – can be purchased together or individually (514 N Madison, 526 N Madison, 536 N Madison, 562 N Madison, and 570 N Madison). The property is extremely rare with highly desirable layout providing tenants with single family residential feel. The middle house (#542) is the largest one with 2bedroom+2bathroom, the front house (#548) is a 2bedroom+1bathroom, and the back house (#544) is 1bedroom+1bathroom. This offering is perfect for an owner user that can occupy any one of the 3 houses (currently tenant occupied – seller is selling it as-is with tenant in place). The middle house is charming with original hardwood flooring, smooth ceiling, built-in cabinets, ceiling fans in bedroom and living room. The back house has been updated with modern flooring, new kitchen and stainless steel appliances, and new bathroom. The property has 13,208 SF lot size providing plenty of open spaces and parking (est. 6 parking spaces or more). Because of this configuration, there is a clear and huge upside for new owners to add 2 or more ADUs (buyer to verify). Parking is provided via 6 open space spread out on the lot. Each unit has individual water heaters and separately metered for electricity and gas. Each unit has its own laundry hookups. The property is in the highly desirable area of Pasadena just several blocks north of Old Town Pasadena. It is situated on a quiet tree-lined street and within minutes from the Gold Line and numerous additional shopping and dining options on Colorado Boulevard and Lake Avenue. Near Pasadena’s historic City Hall, it sits just minutes from the California Institute of Technology, Pasadena Community College, and the 210 and 110 Freeways, offering ease of access to neighboring cities and entertainment destinations in the region.

542 N Madison, Pasadena

$3,200,000
CV26084098 MLS
Excellent investment opportunity located in the Arroyo Pasadena area! Multi-unit Income Producing Property! Don’t miss this rare opportunity to own a versatile and income-generating property in this highly desirable area. This unique opportunity features a total of six units, including five 1-bedroom, 1-bath units all recently updated; and one spacious 3-bedroom, 2-bath two-story home with a balcony. The one-bedroom units have been updated, offering modern and exceptional finishes. The units offer practical layouts with bright living spaces and private bedrooms, appealing to a wide tenant base. Ideal for tenants seeking privacy and convenience. The main attraction at this property is the detached two-story home, perfect for an owner looking to live on-site while generating strong rental income from the remaining units. This property is currently providing solid and stable income in one of Southern California’s most sought-after rental markets. This property is ideal for anyone seeking to live in a very exclusive area. Additionally, the property may qualify for a 1031 exchange, making it an attractive option for investors looking to defer capital gains while upgrading their holdings. Located near shopping, dining, and major transportation routes, this Pasadena property offers both immediate income and long-term appreciation potential

646 Westminster, Pasadena

$3,850,000
4 Beds 5 Baths NP26070995 MLS
PASADENA - Experience the pinnacle of sophisticated city living in the heart of downtown Pasadena, where this opulent apartment-style residence offers panoramic views, high style and a stellar location. One of only 28 luxury condos in The Montana, a highly sought-after amenity-rich mixed-use building, this extraordinary single-level home hosts four bedrooms, and office/den with wet bar, and four- and one-half baths in approximately 4,135 square feet. Every detail is superb, including custom wall treatments, contemporary designer lighting fixtures, wood and natural stone flooring, 10' ceilings, solid stained-wood interior doors, custom paint, and a gallery-style grand hall with recessed barrel ceiling treatments. City views catch the eye upon entry in the formal foyer, which leads to a fireplace-warmed great room with surround sound and a stunning solarium that frames south-facing views of city lights. Open to a casual dining room, the kitchen is top-tier and features granite countertops with full backsplash, dark-stained wood cabinetry, a peninsula bar, island, pantry, and stainless-steel Wolf and Sub-Zero appliances including a six-burner cooktop with griddle. Secondary bedrooms are spacious, with some including an ensuite bath. For the ultimate escape, the primary suite reveals two baths with stone surrounds, and two walk-in closets with built-ins. Three parking spaces are reserved in The Montana’s secured subterranean parking garage. Introduced by a dramatic atrium-style entrance, The Montana reveals a private world of modern luxury, with public spaces adorned with natural finishes, artwork and an abundance of light. Residents enjoy 24-hour security, a full gym, an indoor pool and peaceful lounge. Relish front-row views from your living room of the world-famous Rose Parade as it proceeds along Colorado Boulevard, part of Historic Route 66. Paseo Colorado is directly across the street and offers an open-air setting with restaurants, shops and theaters. Ruth’s Chris Steakhouse is only a block away, and Old Town Pasadena, city hall, parks, excellent schools, the famed Pasadena Playhouse, museums, freeways and the Pasadena Convention Center are all close to home.

345 E Colorado Boulevard Unit 404, Pasadena

$1,550,000
AR26075990 MLS
1 unit will be delivered vacant (being upgraded - back house 2bed+1bath) - 4 Single-story Bungalows several blocks north of Old Town Pasadena, Large ±13k SF Lot, highly desirable layout, Easy to Rent and Manage, Clear ADUs Upside (4 ADUs), 2 units upgraded. 526-532 N Madison Ave, a bungalow style 4-units Single story apartment in the City of Pasadena. Situated only several blocks north of Old Town Pasadena, 2 blocks west of Los Robles Ave, and just within walking distance of many dining, shopping, and other attractions in Pasadena. It is situated on a quiet residential street surrounded by single family houses. The property offers a highly desirable bungalow single-story layout (no adjoining walls) providing tenants with single family residential feel. It consists of 4 separate bungalows with a lush center courtyard/walkway providing serene atmosphere for the tenants. The unit mix is one (1) x 2bedroom+1bathroom and three (3) 1bedroom+1bathroom units, which makes it very easy to rent and manage. The property was built in 1940, has a total of ±3,326 SF building size (Average unit size is 830SF/unit) and is situated on a large ±13,185 SF lot. Each unit is charming with original hardwood flooring, ceiling fans, plenty of built in cabinets, tiled kitchen and bathroom, and in-unit laundry hookups. The front 1 bedroom unit #532 was recently leased for $2450/month. Two units (#532 and #530) have been upgraded with brand new kitchen and updated bathroom. Parking is provided via detached 3 car garages and 1 open space in the back. Each unit has individual water heaters and separately metered for electricity and gas. Each unit has its own laundry hookups. The property is in the highly desirable area of Pasadena just several blocks north of Old Town Pasadena. It is situated on a quiet tree-lined street and within minutes from the Gold Line and numerous additional shopping and dining options on Colorado Boulevard and Lake Avenue. Near Pasadena’s historic City Hall, it sits just minutes from the California Institute of Technology, Pasadena Community College, and the 210 and 110 Freeways, offering ease of access to neighboring cities and entertainment destinations in the region. Historic Old Pasadena’s charming storefronts house 200 shops plus a wide array of restaurants and night spots. The Pasadena Convention Center, Pacific Asia Museum, the historic Tournament of Roses house, and the Norton Simon Museum are minutes away.

526 N Madison, Pasadena

$3,800,000
SR25242989 MLS
Presenting an unparalleled owner-user or investment opportunity in the heart of Pasadena. 60 W Bellevue Drive is a prestigious, freestanding two-story office building offering 4,480 sq. ft. of turn-key, high-image creative space. Originally built in 1986 and extensively remodeled to the highest standards in 2019, the property has been lightly used since and is primed for a modern business. The interior boasts a flexible open-concept layout with private offices, conference rooms, and contemporary finishes, perfectly suited for a dynamic corporate headquarters, design studio, or tech firm. Strategically located just west of Fair Oaks Avenue, the property provides outstanding freeway access to the 110, 210, and 134. It is situated moments from Pasadena's most significant landmarks, including Huntington Medical Center, Caltech, and the vibrant culture of Old Town Pasadena. With on-site gated parking for 9 vehicles, this is a rare chance to secure a premier, move-in ready commercial building in one of Southern California's most desirable markets.

60 W Bellevue, Pasadena

Based on information from CRISNet MLS as of 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.