4-Unit Apartment
New
For Sale
$1,250,000
237 Del Monte Street, Pasadena, CA 91103
A fully leased Pasadena rental property offers a mix of one- and two-bedroom residences.
Property Size2,645 SF
Lot Size0.30 Acres
Price / SF$472.59
Days on Market6
Property Features for 237 Del Monte Street
General Information
Standard status
Active
Size
2,645 SF
Total Parking Spaces
8
Lot size
0.30 Acres
Property subtype
Residential Income
Occupancy
100%
Net Operating Income
$41,871
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR, 2 x 1BR
Multifamily Units
4
Amenities
Curbs, Sidewalks
Central Air
Carport
Building Details
Building Size
2,645 SF
Year Built
1945
Buildings
3
Stories
1
Tenancy
Multi
Listing Agency:
Century 21 Valley Properties, Inc.
Listed By:
Shekhar Chikhalikar · License #02118273
(818) 714-1789
Source:
Evrealestate
Added: Sep 22
Changed: Sep 26
Last Checked: Sep 26 at 10:50AM
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 Century 21 Valley Properties, Inc.
Investment Insights
Based on property information with market context.
Built in 1945, this four-unit residential property contains two two-bedroom apartments and two one-bedroom apartments across approximately 2,645 square feet. The building sits on a 13,268-square-foot lot and is fully leased. Updates include a substantial renovation to one apartment, refreshed lighting inside and out, new ceiling fans and mailboxes, fresh paint, and metal security doors. Dual-glazed windows and a composition roof installed in 2012 are also in place. The owner pays for water and trash service.
The property is near Lincoln Avenue and Fair Oaks Avenue, with access to Old Pasadena, the Rose Bowl, Pasadena City College, Caltech, and JPL. Dining, shopping, transit, and the 210 and 134 freeways are also in the surrounding area. The property is offered as-is.
The property is near Lincoln Avenue and Fair Oaks Avenue, with access to Old Pasadena, the Rose Bowl, Pasadena City College, Caltech, and JPL. Dining, shopping, transit, and the 210 and 134 freeways are also in the surrounding area. The property is offered as-is.
Key Highlights
- Four residential units: two 2‑bedroom apartments and two 1‑bedroom apartments
- Approximately 2,645 square feet on a 13,268‑square‑foot lot
- Fully leased to long‑term tenants
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
654
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - A fully leased Pasadena rental property offers a mix of one- and two-bedroom residences.
Where is this quadplex located?
The property is located at 237 Del Monte Street Pasadena, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Four residential units: two 2‑bedroom apartments and two 1‑bedroom apartments; Approximately 2,645 square feet on a 13,268‑square‑foot lot; Fully leased to long‑term tenants
