Pasadena Multifamily Investment
112 Mar Vista Ave, Pasadena, CA 91106
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Well-maintained 10-unit apartment near Caltech and PCC.
Type:Multifamily
Property size:
6,920 SFLot size:
0.20 AcresPrice / SF:
$556/SF- Added:
- Jan 22, 2026
- Days on Market:
- 110
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 112 Mar Vista Ave
General Information
- Standard status
- Active
- Size
- 6,920 SF
- Lot size
- 0.20 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1959
Listing agent Handoko Chen License #CA 01749321
Listing office Growth Investment Group (626) 224-2495
Listing date Jan 22, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Growth Investment Group
HighLights
- Prime location near CALTECH and Pasadena City College (PCC) with an impressive Walk Score of 94.
- Attractive 5.25% in‑place CAP Rate in a Class A location.
- Well‑maintained property, easy to manage and rent, with no known deferred maintenance.
- Updated units: Approximately 8 out of 10 units feature updated kitchens, flooring, and bathrooms.
- Strong unit mix: Features two 2‑bedroom+1‑bathroom units and eight 1‑bedroom+1‑bathroom units.
- Secured parking: Includes 9 carport spaces with an automatic parking gate; no soft story retrofit required.
Overview
This well-maintained 10-unit apartment building is located several blocks from Caltech and Pasadena City College. Built in 1959, the property is situated on the southeast corner of Mar Vista Avenue and Union Street, on an 8,744 square-foot R4 lot. The building has a total of 6,920 square feet. The property features a small front lawn and a side paver stone courtyard for easy unit access. Upgrades include an excellent condition roof, updated windows, and updated exterior paint. The unit mix consists of two 2-bedroom, 1-bathroom units and eight 1-bedroom, 1-bathroom units. Approximately 8 out of 10 units have been upgraded with updated kitchens, flooring, and bathrooms. The units are spacious and bright, featuring updated dual-pane windows throughout. One unit is vacant. There are 9 carport parking spaces in the back, secured by an automatic gate. A shared laundry room is available with the seller’s machines. Each unit is separately metered for gas and electricity. The property is located in central Pasadena, near Pasadena City College and California Institute of Technology, south of the 210 Freeway, and minutes from Old Town Pasadena. It has a Walk Score of 94 and offers access to the 210 and 134 Freeways. It is approximately one mile from the Pasadena Playhouse District and 1.8 miles from Old Town Pasadena, with proximity to the Pasadena Convention Center, Norton Simon Museum, and Pacific Asia Museum.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Los Angeles
- State
- California
- Longitude
- -118.1262966
- Latitude
- 34.1479653
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FAQs
What type of property is this?
Apartment building - Well-maintained 10-unit apartment near Caltech and PCC.
Where is this apartment building located?
The property is located at 112 Mar Vista Ave Pasadena, CA.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: Prime location near CALTECH and Pasadena City College (PCC) with an impressive Walk Score of 94.; Attractive 5.25% in‑place CAP Rate in a Class A location.; Well‑maintained property, easy to manage and rent, with no known deferred maintenance.
