53 S Roosevelt, Pasadena, California 91107
- $1,980,000
- $2,150,000
- $1,980,000
- $2,150,000
Overview
- Apartment, Residential Income
- 4350 Sqft
- 1978
Description
Big Price Adjustment! Motivated Seller! A True Gem for Developers and Investors! Rare opportunity to own a 4-unit compound of fully detached homes in one of Pasadena’s most desirable residential pockets, just south of Colorado Blvd. Situated on an expansive 11, 256 SF lot, the property offers approximately 4, 350 SF of living space with an ideal layout for both end-users and investors. The front residence features 3 bedrooms and 2 bathrooms, while the rear homes each offer 2 bedrooms and 1 bathroom, all with functional layouts, high ceilings, and abundant natural light. Separate electric and gas meters, shared laundry, and covered parking provide convenience and operational efficiency. Surrounded by well-maintained homes and set along a wide, tree-lined street, the property offers a quiet, comfortable environment with strong neighborhood appeal – a rare blend of lifestyle and investment fundamentals. Zoned RM-32, this property presents exceptional redevelopment potential for higher-density new construction (buyer to verify). The large lot further enhances its appeal with ADU and value-add opportunities, making it equally attractive to developers seeking long-term upside. A unique offering that seamlessly combines current income, future development potential, and a premier Pasadena location — opportunities like this are rarely available.
Address
Open on Google Maps-
Address: 53 S Roosevelt
-
City: Pasadena
-
State/county: CA
-
Zip/Postal Code: 91107
-
Country: US
Details
Updated on June 25, 2026 at 2:13 am-
Property ID AR26075032
-
Price $1,980,000
-
Property Size 4350 Sqft
-
Land Area 0.2584 Acres
-
Year Built 1978
-
Property Type Apartment, Residential Income
-
Property Status Active
Additional details
-
Listing Terms Cash to New Loan
-
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
-
Sewer Public Sewer
-
Cooling Central Air, Heat Pump, Wall/Window Unit(s)
-
Heating Central, Forced Air, Heat Pump, Wall Furnace
-
County Los Angeles
-
Property Type Residential Income
-
Pool None
-
Parking Covered
-
Community Features Curbs
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees