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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.

Days on Market9

Property Features for 141 N Bonnie Ave

General Information

Standard status Active
Property subtype Investment
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 4

Building Details

Building Size 4,566 SF
Year Built 1927
Stories 2
Tenancy Multi
Listing Agency:
Listed By: Matthew Clark · License #01703795
Source: Elliman
Added: Jul 25 Changed: Jul 26 Last Checked: Aug 2 at 7:32AM

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

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

Current Use

Quadplexes

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Catering Service Clothing & Fashion Store Barber Shop Restaurant

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

Lease Details

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

Location Intelligence

Trade Area within ½ mile

1,804
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

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?
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
More about this property
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