434 Euclid ave, Pasadena, CA 91101
Pending
$2,150,000
6 Units
8 Beds
6 Baths
4,309 Area(sq.ft.)
Lot: 9,750 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 2,172 | $ 2,172 | $ 2,550 |
| Unit 2 | 1 | 2 | 1 | No | $ 2,123 | $ 2,123 | $ 2,550 |
| Unit 3 | 1 | 1 | 1 | No | $ 2,600 | $ 2,600 | $ 2,350 |
| Unit 4 | 1 | 1 | 1 | No | $ 1,846 | $ 1,846 | $ 2,350 |
| Unit 5 | 1 | 1 | 1 | No | $ 1,846 | $ 1,846 | $ 2,350 |
| Unit 6 | 1 | 1 | 1 | No | $ 1,666 | $ 1,666 | $ 2,350 |
| 6 | 8 | 6 | $ 12,253 | $ 12,253 | $ 14,500 |
| MLS #: | CV25111145MR |
| Days On Market: | 200 |
| Listing Date: | May 19, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 499 |
| Price per unit: | $ 358,333 |
| Year Built: | 1913 |
Property Details
We are pleased to exclusively offer for sale this 6-unit multifamily investment situated in a prime Pasadena location. The subject property offers an exceptional opportunity for investors seeking long-term stability in one of the region s most sought-after submarkets. Located directly across from Mayfield Junior School and just minutes from Caltech, Pasadena City College, and the vibrant dining and shopping scene of Old Pasadena, the property delivers unmatched convenience and rental demand. Set on a 9,750 sq. ft. lot with 4,309 rentable sq. ft., the building features a diverse and desirable unit mix, including a rare 1-Bedroom/1-Bath two-story Townhouse, (2) 2-Bedroom/1-Bath units, and (3) 1-Bedroom/1-Bath units. The garden-style entry adds charm and privacy, while tenants benefit from onsite parking and individual utility metering. Significant capital improvements include: copper plumbing, newer roofs, and updated electrical sub-panels, offering investors a turn-key asset with reduced future maintenance. (For those looking to scale, this property can also be purchased with the adjacent 7-unit multi-family property located at 420 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.)Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes |
| Gross Operating Income: | $ 142,625 |
| Total Annual Expense: | $ 37,447 |
| Net Operating Income: | $ 105,178 |
| Actual Gross Rent: | $ 12,253 |
Structure
| Community Features: | Sidewalks, Street Lights |
| Sewer: | Public Sewer |
| View Description: | None |
| Water: | Public |
Land & Parking
| Zoning: | PSR3 |
| Land Lease Type: | Fee |
| Parking Garage: | Carport |
Interior
| Cooking Appliances: | None |
| AC/Cooling: | Wall/Window Unit(s) |
| Equipment: | None |
| Fireplace Rooms: | None |
| Laundry: | None |
Exterior
| Pool: | No |
| Roof: | Shingle |
| Spa: | No |
Detailed Map
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Income
