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    471 Prescott St Pasadena, CA 91104

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    For Sale
    $1,050,000

    Five-unit property in a desirable neighborhood with long-term tenants.

    Lot size:
    0.22 Acres

    Property Features for 471 Prescott St

    General Information

    Lot size
    0.22 Acres

    Building Details

    Year built
    1908

    Source: RG REALTY Agent Jerry Chou

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

    Overview

    Five-Unit Multifamily Property

    This property features a charming 3-bedroom front house, one 2-bedroom unit, and three 1-bedroom units located at the rear. Situated on a nice street in a beautiful neighborhood with craftsman-style homes, the property benefits from a large lot. The front house boasts a living room with a beamed ceiling, a formal dining room with a plate rail, 3 bedrooms, 1 bath, a kitchen with a built-in china cabinet, a breakfast room, a laundry room, and a bonus room with its own entrance. The four apartments in the back are occupied by long-term tenants and are in good condition. The middle building contains a 2-bedroom unit downstairs and a 1-bedroom unit upstairs with an enclosed porch area currently used as a bedroom. The third building houses two 1-bedroom units, one upstairs and one downstairs.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency 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
    -118.1407769
    Latitude
    34.1679864

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    FAQs

    What type of property is this?
    Apartment building - Five-unit property in a desirable neighborhood with long-term tenants.
    Where is this apartment building located?
    The property is located at 471 Prescott St Pasadena, CA.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - Five-unit property offering diverse rental income streams.; - Charming 3-bedroom front house with original character.; - Large lot in a desirable neighborhood of craftsman style homes.
    (626) 922-4698
    Request Owner's contact information
    471 Prescott St Pasadena, CA 91104
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    Pasadena, CA 91104
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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
    471 Prescott St Pasadena, CA 91104
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