Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Retail
  
  Automotive
  
  Auto Shop
  
  Storefront
  
  Shopping Center
- Office
  
  Office Units
  
  Building
  
  Creative Space
  
  Live - Work Space
  
  Medical Premises
- Residential Income
  
  Multifamily
  
  Duplex
  
  Triplex
  
  Quadplex
- Restaurants
  
  Conventional Restaurant
  
  Coffee shop
- Industrial
  
  Flex Space
  
  Manufacturing
- Warehouse
- Mixed-Use
- Health Care
  
  Spa & Wellness
- Land
  
  Residential
  
  Commercial
- Parking & Garage
- Specialty
Rent
- For Lease
- Post a Listing
Space Uses
- Retail
- Restaurant
- Office
- Coworking
- Medical Space
- Industrial
- Warehouse
- Flex
- Sports & Entertainment
- Specialty
Analytics
- Analytics Center
- Insight Report
- Recently Sold
- Value Estimation
- Cap Rate
- Ownership Records
- Location Intelligence
- Business Placement
- Off-Market Leads
- Zoning Insight

Advertise Sign In

For Sale
- Retail
- Office
  - Office Units
  - Building
  - Creative Space
  - Live - Work Space
  - Medical Premises
- Residential Income
  - Multifamily
  - Duplex
  - Triplex
  - Quadplex
- Restaurants
  - Conventional Restaurant
  - Coffee shop
- Industrial
  - Flex Space
  - Manufacturing
- Warehouse
- Mixed-Use
- Health Care
  - Spa & Wellness
- Land
  - Residential
  - Commercial
- Parking & Garage
- Specialty
For Lease
- Retail
- Restaurant
- Office
- Coworking
- Medical Space
- Industrial
- Warehouse
- Flex
- Sports & Entertainment
- Specialty
Analytics Center
Insight Report
Recently Sold
Value Estimation
Cap Rate
Ownership Records
Location Intelligence
Business Placement
Off-Market Leads
Zoning Insight
Advertise
Find Brokers

Pasadena, CA

Apartment Building

Pasadena, CA Apartment Buildings for Sale

List

Map

South Pasadena, CA San Marino, CA Altadena, CA Los Angeles, CA Alhambra, CA San Gabriel, CA La Canada Flintridge, CA Highland Park, CA

9 properties

Sort:

Old Town Pasadena Multifamily Complex

Updated: Dec 6, 2023

Old Town Pasadena Multifamily Complex

155 N Raymond Ave, Pasadena, CA 91103

$11,800,000

21,982 sqft 0.21 AC lot

Assumable loan at a low rate of 3.75% until 10/2026 or seller financing available with reasonable terms.
Prime location in the heart of Old Town Pasadena, steps away from eateries, bars, and shops, and across the street from Memorial Park and the Metro Gold Line Station.
Well‑maintained 18‑unit apartment complex with a commercial space, built in 2002, showing pride of ownership.
Spacious units (approximately 900 sf) featuring 2 bedrooms, 2 bathrooms, and in‑unit laundry.
Stable, long‑term tenants in place with upside potential due to below‑market rents and a 4.5% Pro‑Forma CAP rate.

This listing looks promising.

Here's a quick look at some key insights for

155 N Raymond Ave, Pasadena, CA 91103

View Property Analytics

Est. Cap Rate

4.7%
NOI ÷ price
Est. NOI

$556K
Annual
Mortgage

$5M
Sep 2019
Last Sold

Sep 2019
$300K
Property Type

Commercial Office/Residential (Mixed Use)
Built 2002

View Property Analytics

Six-Unit Multifamily Property

Updated: Apr 17

Six-Unit Multifamily Property

646 Westminster, Pasadena, CA 91105

$3,200,000

6‑unit income property in the Arroyo Pasadena area
Five 1‑bedroom, 1‑bath units were recently updated
Detached 2‑story 3‑bedroom, 2‑bath home includes a balcony
Cooling: central air
Option for an on‑site owner with rental income from the remaining units

Multifamily with Density Bonus Potential

Multifamily with Density Bonus Potential

380 N Mar Vista Avenue, Pasadena, CA 91106

$9,800,000

1.04 AC lot

Fifteen-unit multifamily property on zoned RM48 land with entitlement possibilities for additional residential units.

Retail Space Above Luxury Residences

Retail Space Above Luxury Residences

686 E Union St, Pasadena, CA 91101

Contact for pricing

4,700 sqft

Ground-floor retail is built beneath 118 luxury residences, with onsite parking and a patio option for food and service concepts.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Turnkey Pasadena Apartment Investment Opportunity

Turnkey Pasadena Apartment Investment Opportunity

425 N Raymond Ave, Pasadena, CA 91103

$2,850,000

5,001 sqft 0.23 AC lot

Fully renovated 7-unit apartment building near Old Town Pasadena.

Pasadena Multifamily Investment Opportunity

Pasadena Multifamily Investment Opportunity

1500 Navarro Ave, Pasadena, CA 91103

$1,750,000

Well-maintained 6-unit property in North Central Pasadena with strong cashflow.

Pasadena Multifamily Building Near South Lake

Pasadena Multifamily Building Near South Lake

295 S Hudson Ave, Pasadena, CA 91101

$5,595,000

Fourteen-unit multifamily building near South Lake Avenue in Pasadena.

RTI Mixed-Use Development Site

RTI Mixed-Use Development Site

1435 Lincoln Avenue, Pasadena, CA 91103

$4,895,000

RTI permits for 8 residences and 3 ground-floor retail spaces on a lot slated for redevelopment.

Pasadena Turnkey Multifamily Investment Opportunity

Pasadena Turnkey Multifamily Investment Opportunity

435 N Wilson Ave, Pasadena, CA 91106

$6,370,000

0.40 AC lot

Upgraded 16-unit apartment near Pasadena Playhouse and South Lake District.

Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Pasadena, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Highland Park Multifamily Investment Opportunity

Highland Park Multifamily Investment Opportunity

5213 Meridian St, Los Angeles, CA 90042

$1,995,000

6,210 sqft

Income-producing 8-unit property in prime Highland Park location.

South Pasadena Investment Property

South Pasadena Investment Property

500 Mound Ave, South Pasadena, CA 91030

$2,200,000

Six-unit property in South Pasadena, near schools and amenities.

Charming Remodeled South Pasadena Apartments

Charming Remodeled South Pasadena Apartments

1714 Grevelia St, South Pasadena, CA 91030

$3,750,000

Eight-unit apartment building with remodeled units and modern amenities.

Monterey Road Multifamily Investment Opportunity

Monterey Road Multifamily Investment Opportunity

6431 Monterey Road, Los Angeles, CA 90042

$4,400,000

20-unit multifamily property in Hermon, Northeast Los Angeles. Value-add potential.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Development Opportunity with DTLA Views

Development Opportunity with DTLA Views

700 Lookout Dr, Los Angeles, CA 90012

$799,000

0.22 AC lot

Land with potential for up to 23 units.

Prime Commercial Land Opportunity

Prime Commercial Land Opportunity

31426 The Old Road N, Castaic, CA 91384

$2,250,000

2.05 AC lot

2+ acres of commercially zoned land with freeway exposure.

Lancaster Corner Lot Investment Opportunity

Lancaster Corner Lot Investment Opportunity

Newgrove Street, Lancaster, CA 93534

$350,000

0.17 AC lot

0.17-acre corner lot in Lancaster with development potential.

San Jacinto Land with Utilities

San Jacinto Land with Utilities

Rosario, San Jacinto, CA 92583

$155,000

0.33 AC lot

Unique lot with utilities available for multiple residential uses.

Off-Market Properties in Pasadena, CA

Consider similar Off-Market properties in Pasadena, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

41 Eloise St, Pasadena, CA 91107-3318

$1,930,000

Estimated value

7,769 sqft 0.22 AC lot

529 Catalina Ave

APARTMENT HOUSE (5+ UNITS)

529 Catalina Ave, Pasadena, CA 91106-1051

Value Estimation by Request

3,696 sqft 0.18 AC lot

171 Sierra Madre Blvd

APARTMENT HOUSE (5+ UNITS)

171 Sierra Madre Blvd, Pasadena, CA 91107-4135

$2,470,000

Estimated value

6,064 sqft 0.37 AC lot

210 Catalina Ave

APARTMENT HOUSE (5+ UNITS)

210 Catalina Ave, Pasadena, CA 91106-3242

Value Estimation by Request

8,945 sqft 0.26 AC lot

APARTMENT HOUSE (5+ UNITS)

965 Smt Ave, Pasadena, CA 91103-2623

Value Estimation by Request

4,275 sqft 0.28 AC lot

400 Marengo Ave

APARTMENT HOUSE (5+ UNITS)

400 Marengo Ave, Pasadena, CA 91101-3132

Value Estimation by Request

6,400 sqft 0.30 AC lot

471 Prescott St

APARTMENT HOUSE (5+ UNITS)

471 Prescott St, Pasadena, CA 91104-5702

Value Estimation by Request

3,660 sqft 0.22 AC lot

680 Marengo Ave

APARTMENT HOUSE (5+ UNITS)

680 Marengo Ave, Pasadena, CA 91106-3691

$670,000

Estimated value

11,945 sqft 0.50 AC lot

697 Mira Monte Pl

APARTMENT HOUSE (5+ UNITS)

697 Mira Monte Pl, Pasadena, CA 91101-2534

$2,910,000

Estimated value

5,787 sqft 0.16 AC lot

485 Washington Blvd

APARTMENT HOUSE (5+ UNITS)

485 Washington Blvd, Pasadena, CA 91104-2204

Value Estimation by Request

13,859 sqft 0.88 AC lot

129 Michigan Ave

APARTMENT HOUSE (5+ UNITS)

129 Michigan Ave, Pasadena, CA 91106-1827

$1,655,000

Estimated value

10,104 sqft 0.17 AC lot

696 Earlham St, Unit 6

APARTMENT HOUSE (5+ UNITS)

696 Earlham St, Pasadena, CA 91101-1266

Unit 6

Value Estimation by Request

5,640 sqft 0.19 AC lot

APARTMENT HOUSE (5+ UNITS)

520 Hl Ave, Pasadena, CA 91106-1223

Value Estimation by Request

4,941 sqft 0.32 AC lot

108 Grand Oaks Ave

APARTMENT HOUSE (5+ UNITS)

108 Grand Oaks Ave, Pasadena, CA 91107-3617

$4,130,000

Estimated value

14,454 sqft 0.48 AC lot

509 Mar Vis Ave

APARTMENT HOUSE (5+ UNITS)

509 Mar Vis Ave, Pasadena, CA 91106-1174

Value Estimation by Request

7,552 sqft 0.24 AC lot

Pasadena, CA Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Pasadena, CA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 26,983 square feet of properties for sale, with an estimated market value of $14,650,000.

Sale prices for two-family homes in Pasadena, CA start at $2,850,000, averaging $7,325,000, and reaching up to $11,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Demographics Overview

Population 184K

Population Growth (5Y) -4.3%

Median Household Income $124,103

College Educated 26.0%

High-Yield Neighborhoods for Investment

Identify Pasadena submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
91101	$3.1M
91105	$3.2M
91104	$3.9M
91106	$4.4M
91103	$4.5M

Taxes & Financing

Tax Rate (average for all types) 1.06%

Property Tax per SF $9.29 per SF

Tax Rate vs County Average 0.18 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Los Angeles County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Los Angeles County

Retail

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Pasadena fall within the 25,000 to 50,000 square foot range.

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings