- For Sale $2,995,000
- Property Type Other
- Units 7
- Year Built 1922
- Date Updated May 15, 2026
Description
Avison Young is pleased to present this rare owner-user or investment opportunity in one of the city’s most desirable neighborhoods. The property consists of five buildings totaling ±5,443 square feet on a ±12,313-square-foot lot (0.28 acres), originally built in 1922. Zoned for residential multi-family use with seven units, the site offers both immediate income stability and long-term redevelopment potential. Its central location near Pasadena City College, Caltech, and the Playhouse Village ensures strong demand for residential and specialty uses, while the historic character of the buildings provides unique architectural appeal.
Highlights
- All siding on the main house replaced; additional siding repairs completed on other structures
- Approved plans in place for an additional ADU behind the rear bungalow
- Electrical service upgraded from 200 amps to 400 amps
- Exterior of all bungalows and the main house freshly painted
- New driveway and repaired concrete throughout the property
- Ongoing final improvements scheduled for completion soon
- Two large tankless water heaters installed for the back houses and two replaced in the bungalows
- Windows replaced in two units
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Contacts
Avison Young - US - CA - Los Angeles
Avison Young - US - CA - Los Angeles