420 S Euclid Avenue, Pasadena, California 91101
- $2,750,000
- $2,750,000
Overview
- Apartment, Residential Income
- 5.0
- 6133 Sqft
- 1921
Description
**Pride of Ownership in Prime Pasadena!** We are pleased to present this charming 7-unit cottage-style multi-family asset offering both stability and upside in one of Pasadena’s most desirable and walkable rental corridors. Situated on a lushly landscaped 19, 492 sq. ft. lot with garden walkways and tranquil outdoor space, the property features a rare unit mix of (3) 2-Bedroom/1-Bath & (4) 1-Bedroom/1-Bath detached cottages totaling 6, 133 rentable sq. ft. each offering tenants a private, home-like feel. Tenants enjoy onsite garage parking, a dedicated laundry facility, and convenience to nearby top-tier amenities. Located directly across from Mayfield Junior School and just minutes from Caltech, Pasadena City College, and the shops and dining of Old Pasadena, this location supports consistent demand and long-term tenant retention. The property has been thoughtfully upgraded with copper plumbing, modern electrical panels, newer roofs, and is separately metered for gas and electricity, ensuring operational efficiency for the next owner. With proven in-place income, strong tenant retention, and pride of ownership throughout, this asset is ideal for investors seeking a turn-key opportunity in a high-demand Pasadena submarket. (For those looking to scale, this property can also be purchased with the adjacent 6-unit multi-family property at 434 S. Euclid Ave., creating a rare opportunity to own a 13-unit portfolio in one of Pasadena’s strongest rental corridors. Development potential may exist as well given the combined lot sizes.)
Address
Open on Google Maps-
Address: 420 S Euclid Avenue
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City: Pasadena
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State/county: CA
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Zip/Postal Code: 91101
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Country: US
Details
Updated on July 30, 2025 at 10:30 pm-
Property ID CV25112179
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Price $2,750,000
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Property Size 6133 Sqft
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Land Area 0.4475 Acres
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Garages 5.0
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Year Built 1921
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash to New Loan
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Roof Shingle
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Utilities Electricity Available, Natural Gas Available, Sewer Available, Water Available
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Sewer Public Sewer
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Cooling Wall/Window Unit(s)
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Carport, Garage
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Community Features Curbs, Street Lights, Sidewalks
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Architectural Style Cottage
Mortgage Calculator
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