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Wonderful investment opportunity in a prime Pasadena location. This 6-unit multi-family property is ideally situated near Pasadena City College, Caltech, the Rose Bowl, Norton Simon Museum, shopping, dining, and easy access to the 210 freeway. The front building consists of 1 bedroom, 1 bathroom apartments (524 units 1-4). Behind the main building are two separate residences: one 2 bedroom, 1 bathroom unit at 520 N Hill, which features its own washer and dryer and patio area, and another 2 bedroom, 1 bathroom unit at 522 N Hill. Updates at this property include: newer composition shingle roofs installed on all three buildings in 2023 and a freshly paved parking area completed in 2024. There are six covered parking spaces in the carport, providing convenience for tenants. Most tenants are long term, offering consistent income and stability for investors. With its excellent location, strong rental history, and desirable unit mix, this property presents a rare chance to own a high-demand multi-family asset in the heart of Pasadena.
Property Type(s):
Residential Income
| Last Updated | 9/3/2025 | Year Built | 1923 |
|---|---|---|---|
| Community | 646 - Pasadena (NE) | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Oven, Gas Range, Water Heater |
| AREA | 646 - Pasadena (NE) |
| EXTERIOR | Rain Gutters |
| INTERIOR | Tile Counters |
| LOT | 0.3244 acre(s) |
| LOT DESCRIPTION | Front Yard, Level |
| PARKING | Assigned, Detached Carport, Driveway, On Site, Oversized, Paved, Private, Shared Driveway, Side By Side |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Neighborhood |
| WATER | Public |
Location
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Listed with Coldwell Banker Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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