420 S Euclid AVE new Save Request In-Person Tour Request Virtual Tour
Pasadena,CA 91101
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25112179
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
Cooling Wall/Window Unit(s)
Laundry Laundry Room
Exterior
Parking Features Carport,Garage
Garage Spaces 5.0
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
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard