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$1,080,000
AR26147655 MLS ⋅ Active Status
Fantastic 4-Unit Investment Opportunity in Pasadena! This income-producing fourplex features 4 spacious 1-bedroom, 1-bath units and offers immediate rental income with long-term investment potential. Major improvements have already been completed, including a brand-new roof on both the main building and detached garage, new garage doors, fully replaced plumbing, fresh interior and exterior paint, updated flooring, newer windows, and renovated kitchens and bathrooms in select units. All 4 units feature separate electric and gas meters, while the owner currently pays water. The property also offers 3 single-car garages and 1 additional parking space. Conveniently located with easy access to the 210 Freeway, shopping, dining, parks, and public transportation, this property is well positioned for investors and owner-users alike. Current rents total $6,398 per month, providing immediate cash flow. Future rental potential may exist, subject to local rent control regulations, existing tenancy, and applicable law. Buyer to independently verify all information, including rents, expenses, square footage, permits, and property condition.

1758 Lincoln Avenue, Pasadena
$1,550,000
AR26075990 MLS ⋅ Active Status
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
$1,829,000
GD25274730 MLS ⋅ Active Status
Turnkey Four-Unit Apartment in Prime Pasadena Location. Welcome to 343 W Howard St, a beautifully upgraded four-unit apartment building in one of Pasadena’s most desirable neighborhoods. Built in 1964, this well-maintained, single-story property offers an excellent investment opportunity with fully renovated interiors, modern amenities, and strong rental potential. Spanning 3,408 square feet on an 8,802-square-foot lot, the building features four spacious two-bedroom, one-bathroom units, each approximately 850 square feet. Every unit has been fully upgraded, including: New flooring throughout Modern kitchens with shaker cabinets, quartz countertops, and stainless steel appliances Stylish remodeled bathrooms with new vanities and designer tile work In-unit laundry machines (owned by the seller) Updated ceiling lighting & individual water heaters The exterior has also received significant upgrades, including new paint, double-pane windows, copper plumbing in each unit, and a re-lined sewer pipe (buyer to verify). Parking is provided by a detached five-space carport, with one extra space available for rental income. Importantly, no soft-story retrofit is required. Situated less than a mile from Brookside Golf Course and just 1.3 miles from the iconic Rose Bowl Stadium, this property offers easy access to Old Town Pasadena, the Lake Avenue shopping district, The Paseo, museums, theaters, grocery stores, and a variety of top-tier restaurants and cafes. With its prime location, modern renovations, and income-producing potential, 343 W Howard St presents an exceptional investment opportunity in the heart of Pasadena. Located less than a mile from Brookside Golf Course and 1.3 miles from the iconic Rose Bowl Stadium, the property is in close proximity to some of Pasadena’s best amenities, including Old Town Pasadena, the Lake Avenue shopping district, The Paseo on Colorado, museums, theaters, grocery stores, and a variety of restaurants and cafes. Exceptional opportunity for investors looking to acquire a fully upgraded, well-located, and income-producing asset in one of Pasadena’s most sought-after neighborhoods.

343 W Howard Street, Pasadena

Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.