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    693 Santa Barbara St Pasadena, CA 91101

    For Sale
    $1,950,000

    Four-unit property near Metro Gold Line with income potential.

    Lot size:
    0.24 Acres

    Property Features for 693 Santa Barbara St

    General Information

    Lot size
    0.24 Acres

    Building Details

    Year built
    1962

    Source: IDEAL REALTY Agent SAMUEL SHIH- WU

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pasadena Multifamily Property For Sale

    This multifamily property features two buildings with a total of four units. The front building is approximately 1,636 square feet and includes a three-bedroom layout with one bonus room and three bathrooms (two bedrooms and bonus room downstairs, and one bedroom upstairs). The second building is approximately 2,239 square feet and contains three units, each with two bedrooms and one bathroom. The property is located in a quiet neighborhood and is within walking distance of the Metro Gold Line and Lake Avenue. It is conveniently located near Pasadena Downtown, Freeway 210, bus stations, Pasadena City College, and Art Center College. The property is currently at 100% occupancy, presenting income potential. The front unit could also be suitable for an owner to live in while collecting income from the other three units.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.136134
    Latitude
    34.1559208

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    FAQs

    What type of property is this?
    Apartment building - Four-unit property near Metro Gold Line with income potential.
    Where is this apartment building located?
    The property is located at 693 Santa Barbara St Pasadena, CA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - Income-generating property with 100% occupancy across 4 units.; - Main house: **3 bedrooms + 1 bonus room, 3 bathrooms, approximately 1,636 sq ft.**; - Additional building: Three 2-bedroom, 1-bathroom units totaling approximately 2,239 sq ft.
    (323) 859-8888
    Request Owner's contact information
    693 Santa Barbara St Pasadena, CA 91101
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    Pasadena, CA 91101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    693 Santa Barbara St Pasadena, CA 91101
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