420 S Euclid AVE new

Pasadena,CA 91101

$ 2750000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25112179

HOA Y/N No

Year Built 1921

Lot Size 0.447 Acres

Property Sub-Type Apartment

Property 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.)

Location

State CA

County Los Angeles

Area 647 - Pasadena (Sw)

Zoning PSR3

Interior

Interior Features All Bedrooms Down

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Carport,Garage

Garage Spaces 5.0

Carport Spaces 2

Garage Description 5.0

Fence Excellent Condition

Pool None

Community Features Curbs,Street Lights,Sidewalks

Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available

View Y/N No

View None

Roof Type Shingle

Accessibility None

Total Parking Spaces 7

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Cottage

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5722034007

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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