The median home value in Pasadena, CA is $1,200,000.
This is
higher than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Pasadena, CA is $1,200,000.
Approximately 42% of Pasadena homes are owned,
compared to 51% rented, while
7% are vacant.
Pasadena real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Pasadena real estate agent to arrange a tour today!
Learn more about Pasadena.
Commercial Building for Sale! In the beautiful city of Pasadena. Location is great! Tenant occupied. Buyers to conduct due diligence with associating themselves with the building and planning department in Pasadena - on the type of future developments, improvements, permits, etc.
This Amazing Office/ Residential property is strategically located in the Old Town/ Downtown Pasadena Area blocks to Pasadena City Hall and Civic Center but also bordering several Residential Streets. The Property is a 2 Story Gated Office Building with over 1,000 square feet on each Level (seperate entrances) with the 2nd Floor suite being Fully renovated with 5 individual offices/ rooms 2 bathrooms and a Full Kitchen. the Lower Unit is set Up for a Full Service Office with a large Lobby/ reception area, 3 Offices or suites , One kitchen and. a Lobby waiting area. In addition there are 6 parking spaces and a Large 2 Car Garage. which could be converted to ADU or Demolished for additional parking. Also the Seller has City of Pasadena APPROVED PLANS to build. an additional Rooftop Level with Sub level Parking.
151 N Wilson Ave is a charming 1920's vintage building with a mix of one and two-bedroom layouts. Only several of the units are renovated, offering a 33% potential increase in rental income after renovations. The Property benefits from a prime Playhouse District location, attractive unit mix, low vacancy rate and convenient amenities, making it an ideal investment in this vibrant neighborhood. CAN BE PURCHASED ALONG WITH 113 N GRAND OAKS AVE, PASADENA AND/OR 174 N MAR VISTA AVE, PASADENA.
A great opportunity to acquire the 5 units multi-family property 63 & 65 S Roosevelt Ave. in Lamanda Park neighborhood of the highly desirable city of Pasadena. 5 mins walk to Pasadena Plaza, including Vons, US bank, UPS store, restaurants and coffee shops. 3 mins drive to California Institute of Technology and Pasadena City College, and also within minutes to Old Pasadena.With a great unit mix of one 3 bed / 2 bath house with private fenced yard and four 1 bed / 1 bath units, this 100% fully leased turn-key property offers a total 3,410sqft building on a 11,437sqft lot. 63 & 65 Roosevelt Ave is a very attractive single-story apartment that was built in 1956, which is a prime Pasadena income-producing property and a great value-add opportunity for a short or long-term investment. Significant Potential for Rental Upside by converting it to two stories apartment building with 12+ units (most of the neighbors are two stories). The front house (65 S Roosevelt) is a 3 bedroom 2 bathroom single family style house with approximately 1,650sqft in size. The house has its own large private yard with mature landscaping and secured gate. The back property (63 S Roosevelt) is a four-unit apartment. All units are comprised of wall air conditioning and heating, laminate flooring, spacious kitchens with gas oven/stove combinations, in-unit laundry, individually metered gas and electricity and surface parking with ample street parking. All 5 units are currently occupied (100% occupancy) with potential upside for extra cash flow in the future.
113 N Grand Oaks Ave, built in 1979, features well-maintained two-bedroom units with modern amenities, including central air conditioning and covered parking, offering a 44% potential rental income increase. Property can be purchased individually or as a portfolio with 174 N Mar Vista Ave, Pasadena (12 units) and/or 151 N Wilson Ave, Pasadena (10 units).
We proudly present the acquisition opportunity of 3864 E. Colorado Blvd, a retail property nestled in the vibrant heart of East Pasadena. Spanning 5,275 square feet, this 1952-built asset sits on an 8,845 square foot lot, uniquely zoned for Mixed Use Development (MXD). The property hosts three retail spaces, offering a blend of architectural charm and functional versatility.Currently, two of the three units are occupied under one-year leases set to conclude this year, with the remaining space filled by a tenant on a month-to-month agreement. This setup presents a rare opportunity for investors to potentially enhance income by an estimated 30% through strategic interior and exterior renovations post-lease expirations. Additionally, the site offers an enticing prospect for owner-users, who can leverage SBA financing options for reduced down payments, making acquisition more accessible and appealing. Strategically positioned within a Transit Oriented District, 3864 E. Colorado Blvd benefits from a "Mixed Use" (MU) designation on the East Pasadena-East San Gabriel Land Use Policy Map, supporting a maximum density of 150 units per acre, a floor area ratio of up to 3, and allowing for structures up to 65 feet in height. The MXD zoning further broadens the potential uses, making it an ideal investment for those looking towards future development possibilities. The property's prime location, just south of the 210 Freeway and flanked by Rosemead Blvd and Michillinda Ave, places it on one of San Gabriel Valley's principal arteries. It is enveloped by a rich tapestry of local enterprises, dining options, retail outlets, and residential areas, ensuring a constant flow of foot traffic and visibility. Proximity to key transit routes and notable landmarks such as Hastings Ranch Plaza, Hastings Village Shopping Center, the LA County Arboretum, Santa Anita Park, and Westfield Santa Anita mall, coupled with easy access to the 210 Freeway, enhances its appeal to both potential investors and tenants seeking convenience and connectivity. This property not only offers immediate rental income potential but also serves as a canvas for visionary development, promising a blend of immediate returns and long-term strategic value. Seize the opportunity to invest in a location where tradition meets potential, at 3864 E. Colorado Blvd, East Pasadena.
Welcome to this exceptional 7-unit property nestled in the beautiful city of Pasadena! Located conveniently close to Pasadena City College, the 210 freeway, shops, and restaurants, this property offers an unparalleled opportunity for both investors and residents alike.The property features a diverse mix of units, catering to various needs and preferences. The main building comprises a spacious 4-bedroom, 2-bathroom, and studio unit, perfect for an investor looking to maximize his profits. In the second building, you'll find four charming apartments, each unit 1 bedroom and 1 bathroom. One of the units will be delivered vacant, presenting an excellent opportunity for immediate rental at market rents, maximizing potential income for the new owner.The property's proximity to Pasadena City College makes it an attractive option for students and faculty seeking convenient housing options. The nearby 210 freeway offers easy access to surrounding areas, making commuting a breeze. Surrounded by shops, restaurants, and amenities, residents will enjoy the vibrant lifestyle that Pasadena has to offer. Whether it's exploring the local dining scene, shopping at nearby boutiques, or enjoying outdoor activities in one of Pasadena's beautiful parks, there's something for everyone to enjoy in this charming city.Don't miss out on the chance to own this unique 7-unit property in the heart of Pasadena. With its prime location, diverse unit mix, and income potential, it's an investment opportunity that won't last long. Schedule a viewing today and discover the endless possibilities of this remarkable property!
BACK ON THE MARKET ******A TRULY UNIQUE AND EXCITING OPPORTUNITY FOR INVESTORS in a fantastic location in Pasadena. The unit mix consists of (1) 4 bedroom/ 2-bathroom, (1) 2-bedroom/1- bathroom, (4) 1- bedroom/ 1-bathroom, and (1) studio. The 4-bedroom and 2-bedroom units contain central A/C & heating with wall A/C and furnace in the others. Great curb appeal. Great. Units are in good condition. The lot size, at 11,414 SF is HUGE, with individual garage spaces, carport parking and plenty of open pavement for additional parking. Street parking without permits is allowed as well!. Laundry machines are owned by landlord, not rented, and will transfer to the new owners for additional income. The location is convenient and accessible with instantaneous freeway access, close to Old Town and and the fun Pasadena sports. The school district and amenities make this a highly desirable and in-demand rental community
Attention Investors and Developers! Two side by side Commercial zoned properties (Must be sold together with2401 E Washington Blvd. Listed at $825,000 for a total of $1,800,000 for both). Here is an opportunity to developan 11 units apartment building or use the restaurant/retail or office building that is currently located in a highlydesired area of Pasadena/Altadena. The property is located in LA County per city planners. Currently there are multiple business including an art framing shop, an office and a restaurant. Property does have an alley in theback. Buyers to verify with the city as to what can be built. Great access to transportation. Property has beenextended with an office and a patio area of over 600sf not included in the SF of the property. SELLER FINANCING MAY BEAVAILABLE WITH 30% DOWN PAYMENT AT 6.5% INTEREST ONLY FOR UP TO 3 YRS.
Attention Investors and Developers! Two side by side Commercial zoned properties (Must be sold together with 2393 E Washington Blvd. Listed at $975,000 for a total of $1,800,000 for both). Here is an opportunity to develop a mixed use retail/apartment building, Affordable housing, Senior living, restaurant/retail or office building in a highly desired area of Pasadena/Altadena. The property is located in LA County per city planners. Currently there are multiple business including a restaurant and an art gallery. Property does have an alley in the back. Buyers to verify with the city as to what can be built great access to transportation. Property has been extended with an office and a patio area of over 600sf not included in the SF of the property.
Discover this exceptional property in the heart of Pasadena, at 60 W. Bellevue Dr. A two-story office building with 4,480 sqft of versatile space, built in 1986 and extensively remodeled in 2019 (lightly used since then). Conveniently located near access to the 110, 210, and 134 freeways, this free-standing office building has been equipped with all of the latest technology as well as many thoughtful details that will keep your office and business running efficiently. Situated in a mixed-use area West of Fair Oaks Avenue and East of Pasadena Ave, in close proximity to significant educational and scientific landmarks like Huntington Medical Center, Pasadena Community College, Caltech, Old Town Pasadena, and JPL, along with a dense residential population offering a strong and diverse customer base. Being blocks away from Old Pasadena, the city's main downtown, provides access to a wide range of retail options, from restaurants, shops, entertainment, and more, making your business closely connected to Pasadena's vibrant economy. Whether you're establishing a new venture or expanding an existing one, this property is an excellent opportunity you won't want to miss.
18-Unit apartment complex with 1 Commercial Space with approximately 2,900 sf of rentable space. Motivated SELLER!!! Note on property is ASSUMABLE WITH A RATE OF 3.75% UNTIL 10/2026 or SELLER IS WILLING TO FINANCE THE DEAL WITH VERY REASONABLE RATE AND TERMS (CONTACT AGENT FOR MORE INFORMATION), contact agent for terms. Located in the heart of Old Town Pasadena this complex is just a few steps away from local eateries and bars, and also shops. The property was built in 2002 and shows pride of ownership with a well-maintained building and units. All units are approximately 900 sf is size and are all 2 bedrooms and 2 bathrooms and come with their own laundry units. There are a total of 29 surface and subterranean parking with 2 handicapped spaces. Situated in the heart of Old Town Pasadena, with a lot of 9,028 square feet. The property is located just 11.3 miles from Downtown Los Angeles and within 2 miles of three top major colleges Art Center College of Design, California Institute of Technology, and Pasadena City College. The property is also located 0.3 miles from the Parsons Corporation and 0.5 miles to Pasadena City Hall and approximately 4.6 miles to JPL. Across the street are Pasadena Memorial Park and the Memorial Park Metro Gold Line Station making an easy commute for those working in Downtown Los Angeles. Offered at a 3.90% Pro-Forma CAP rate and 15.52 Pro-Forma GRM, there is upside potential with below-market rents. These units are easy to rent due to their prime location and well-kept units. The property has very stable and long-term tenants in place.
Location! Location! Location! High traffic count. Lots of development growth in the area. Easy accessibility to the Metrolink, bus lines and 210 Freeway. Property is 1,350 square feet and built in 1948. Lot size is 2774 square feet, with rear fenced parking lot with alley access.
An exceptional opportunity to purchase three individual properties that will be sold together at one time. Building #1 has 1758 square feet of building area and a lot size of 8900 square feet and is currently being used as a mechanic tire shop. Building # 2 has 2205 square feet of building area and a lot size of 9025. It is currently being used as a part of the mechanic tire shop. Building #3 has 1980 square feet of building area and a lot size of 6100 that is also part of the tire shop. Property is located about a quarter mile from the Rose Bowl and nearby old town Pasadena.
Beautifully remodeled office building so nice you'll want to live here. Perfect for any professional organization looking for swanky digs, or an investor to maximize cashflow with eight rentable spaces with lavish shared facilities including outdoor respite areas.A hidden gem fully ADA compliant, with private parking. Two blocks from Colorado, One block off the 210 and light rail.No rental history since remodel
Look no further. This is an ideal location with many possibilities . Currently used as Religious Institution. City of Pasadena zones the lot - PSCThere is ONE building standing. It is up to Buyer what they intend to do with the building. Once Accepted, Listing Agent will set the date for Buyer to view the inside of the building. This sale is negotiable. Seller is motivated. Offers are welcome.
This subject office is located on the first floor of a well maintained Mixed-use building that close to Old Town Pasadena. The office is on the street level with a private patio. The building provides on-site manager service. With glass windows and door facing on the street, they bring plenty of nature light into the two private offices and reception area, and this office also includes a meeting room and inside of unit restroom. Come with 2 designated parking spaces inside of gated entrance. Since it is within the mixed use building, you can relax at the pool area on the second flooring after busy working day. Plenty of curbside parking and short distance to Old Town Pasadena which has lots shops, bars, restaurants and night entertainment.
Rare opportunity for an owner-user in the auto repair business to acquire an existing auto repair mixed-use building with an apartment above the shop. Advance Muffler and Auto Repair business equipment and license also available for sale. SBA or conventional financing available.