434 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 CV25111145
HOA Y/N No
Year Built 1913
Lot Size 9,748 Sqft
Property Sub-Type Apartment
Property Description
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 building 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.
Location
State CA
County Los Angeles
Area 647 - Pasadena (Sw)
Zoning PSR3
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features Carport
Carport Spaces 6
Fence None
Pool None
Community Features Street Lights,Sidewalks
Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5722034008
Energy Description 976.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard