Pasadena Multifamily Investment
For Sale
$1,750,000
1500 Navarro Avenue, Pasadena, CA 91103
Well-maintained 6-unit property in North Central Pasadena with strong cashflow.
Property Size3,752 SF
Price / SF$466.42
Days on Market166
Property Features for 1500 Navarro Avenue
General Information
Standard status
Active
Size
3,752 SF
Total Parking Spaces
6
Property subtype
Residential Income
Building Details
Year Built
1950
Buildings
1
Listing Agency:
Compass
Listed By:
Teresa Fuller · License #01315387
(626) 483-0710
Source:
Compass
Added: Mar 24
Changed: Sep 4
Last Checked: Aug 19 at 9:24AM
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 Compass
Investment Insights
Based on property information with market context.
Located in the North Central Pasadena neighborhood, this 6-unit multifamily property presents an opportunity to acquire an income-producing asset. Built in 1950, the property consists of one-bedroom units and is fully occupied with Section 8 tenants, providing consistent rental income. The property has been maintained and reflects pride of ownership. Each unit includes in-unit laundry. The property provides one dedicated parking space per unit, along with storage cupboards located at each parking space. Residents have access to a shared outdoor common area. Ample street parking is available for tenants and guests. The property is located near local shops, dining, and essential services. The property is suitable for investors seeking a low-maintenance asset with dependable returns and long-term upside. The bike score is 64, making it bikeable. The walk score is 62, indicating it is somewhat walkable, and the transit score is 42, suggesting some transit options are available.
Key Highlights
- Strong in‑place cash flow from fully occupied units with stable Section 8 tenants, ensuring reliable rental income.
- Desirable North Central Pasadena location, near shops, dining, and essential services.
- Each unit features in‑unit laundry, a highly desirable amenity for tenants.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
675
Businesses Nearby
Explore this area
Business Placement
Demographics for 91103, CA
26,887
Population
9,392
Households
2.9
Avg Household Size
39
Median Age
38%
College-Educated
80%
High-School Grad
4.6 sq mi
ZIP Area
5,845
Density / Sq Mi
$84,683
Median Household Income
$43,591
Median Earnings
$1,925
Median Rent
$960,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 6-unit property in North Central Pasadena with strong cashflow.
Where is this apartment building located?
The property is located at 1500 Navarro Avenue 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: Strong in‑place cash flow from fully occupied units with stable Section 8 tenants, ensuring reliable rental income.; Desirable North Central Pasadena location, near shops, dining, and essential services.; Each unit features in‑unit laundry, a highly desirable amenity for tenants.
