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South Pasadena Investment Property
For Sale
$2,200,000

500 Mound Ave, South Pasadena, CA 91030

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

Days on Market100

Property Features for 500 Mound Ave

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1921
Listing Agency:
Listed By: Norman Haley
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 31 at 12:38PM

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 Norman Haley

Investment Insights

Based on property information with market context.

This six-unit investment property is located in South Pasadena, an area known for its award-winning schools. The property is situated in proximity to Los Angeles, Caltech, the Huntington Library, and the Pasadena Rose Bowl. Nearby amenities include Bristol Farms, Fair Oaks Retail, Garfield Park, and the Metro Station. The location has a walk score of 90, indicating it is a walker's paradise, and a bike score of 63, indicating it is bikeable. The transit score is 61, indicating good transit options.

Key Highlights

  • Located in South Pasadena, known for award‑winning schools.
  • Walker's Paradise with a walkScore of 90.
  • Rare 6‑unit investment property.

Property Analytics

Current Use

Nabhan Law Law Firm

Suggested Use

Top Pick Electrical Service Furniture & Home Goods Computer & Electronic Repair Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,857
Businesses Nearby

Demographics for 91030, CA

26,927
Population
11,040
Households
2.4
Avg Household Size
41
Median Age
73%
College-Educated
97%
High-School Grad
3.4 sq mi
ZIP Area
7,920
Density / Sq Mi
$128,105
Median Household Income
$79,571
Median Earnings
$2,218
Median Rent
$1,545,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit property in South Pasadena, near schools and amenities.
Where is this apartment building located?
The property is located at 500 Mound Ave South Pasadena, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Located in South Pasadena, known for award‑winning schools.; Walker's Paradise with a walkScore of 90.; Rare 6‑unit investment property.
More about this property
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