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Two-Story Fourplex Investment
For Sale
$1,750,000

141 N Bonnie Ave, Pasadena, CA 91106

Four two-story units are currently leased, each with hardwood floors, washer/dryer hookups, and a private enclosed garage.

Property Size4,566 SF
Days on Market103

Property Features for 141 N Bonnie Ave

General Information

Standard status Active
Size 4,566 SF
Property subtype Investment
Occupancy 100%

Site & Location

Neighborhood Pasadena Neighborhood Coalition
Highway Access Yes

Additional Details

Multifamily Units 4

Building Details

Building Size 4,566 SF
Year Built 1927
Stories 2
Units 4
Tenancy Multi
Listed By: Matthew Clark · License #01703795
Source: Elliman
Added: Jul 25 Changed: Oct 25 Last Checked: Nov 3 at 5:43AM

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 Matthew Clark

Rey
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Investment Insights

Based on property information with market context.

This two-story fourplex presents four currently leased rental units in Pasadena, with each unit featuring hardwood floors and in-unit washer/dryer hookups. The units also include a private enclosed garage and a bonus room that can function as a second bedroom, dining room, office, or other flexible space.

The property is positioned in south-central Pasadena near Pasadena City College, Caltech, and the Metro L Line, with walkable retail and dining options along South Lake Avenue. It also offers convenient access to freeways and public transit, with the Huntington Library and Gardens and Old Town Pasadena nearby.

Buyer and buyer’s agent should verify all information, including square footage, rent control status, and permits. Tenants are currently in place, so please do not disturb them.

Key Highlights

  • Year built 1927: two‑story fourplex with four units, all currently leased and generating income
  • Each unit has hardwood floors and in‑unit washer/dryer hookup
  • Private enclosed garage for each unit

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,768
Businesses Nearby

Demographics for 91106, CA

24,172
Population
11,809
Households
2
Avg Household Size
38
Median Age
63%
College-Educated
94%
High-School Grad
2.7 sq mi
ZIP Area
8,953
Density / Sq Mi
$89,213
Median Household Income
$59,700
Median Earnings
$2,096
Median Rent
$966,700
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four two-story units are currently leased, each with hardwood floors, washer/dryer hookups, and a private enclosed garage.
Where is this quadplex located?
The property is located at 141 N Bonnie Ave Pasadena, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Year built 1927: two‑story fourplex with four units, all currently leased and generating income; Each unit has hardwood floors and in‑unit washer/dryer hookup; Private enclosed garage for each unit
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