23-Unit Apartment Building with
New
For Sale
$6,500,000
259 N Euclid Ave, Pasadena, CA 91101
A two-story Pasadena property combines a varied studio and one-bedroom layout with on-site parking and shared laundry.
Property Size12,780 SF
Lot Size0.27 Acres
Price / SF$508.61
Days on Market2
Property Features for 259 N Euclid Ave
General Information
Standard status
Active
Size
12,780 SF
Total Parking Spaces
9
Lot size
0.27 Acres
Property subtype
Multifamily
Zoning
PSC CD-MU-G
Site & Location
Neighborhood
Pasadena Neighborhood Coalition
Units
Unit Mix
8 x 1BR/1BA, 7 x large Studio, 5 x junior Studio, 3 x Bachelor (no kitchen)
Multifamily Units
23
Individually Metered Utilities
electricity, gas
Additional Details
Cap Rate
5.51%
Tenant in Place
Yes
Amenities
shared laundry room
Building Details
Year Built
1955
Buildings
1
Stories
2
Listing Agency:
Growth Investment Group Pasade
Listed By:
Handoko Chen · License #CA 01749321
(626) 224-2495
Source:
Seasideexecutives
Added: Oct 30
Last Checked: Oct 30 at 2:33PM
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 Growth Investment Group Pasade
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Investment Insights
Based on property information with market context.
This 23-unit, two-story apartment property at 259 N Euclid Ave in Pasadena was built in 1955 and contains 12,780 SF on an 11,811 SF lot. The unit mix includes eight 1-bedroom/1-bathroom apartments, seven studios, five junior studios, and three bachelor units without kitchens. Eleven units have been upgraded; some have double-pane windows, while upgraded units feature wood flooring and updated plumbing. All units have smooth ceilings, and electricity and gas are separately metered. Shared basement laundry serves residents, and the property has a master water heater.
The site is zoned PSC CD-MU-G and has nine parking spaces at the rear: eight assigned to units and one rented. The property is in Pasadena’s Civic Center District, near City Hall and the Pasadena Courthouse, with shopping, dining, and transportation within walking distance. Its reported Walk and Bike Score is 88.
The site is zoned PSC CD-MU-G and has nine parking spaces at the rear: eight assigned to units and one rented. The property is in Pasadena’s Civic Center District, near City Hall and the Pasadena Courthouse, with shopping, dining, and transportation within walking distance. Its reported Walk and Bike Score is 88.
Key Highlights
- 23 apartments across five unit configurations: 8 one‑bedroom/one‑bathroom units, 7 studios, 5 junior studios, and 3 bachelor units
- 12,780 SF building on an 11,811 SF lot; built in 1955
- PSC CD‑MU‑G zoning
Property Analytics
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Lease Details
23
Residential units
Location Intelligence
Trade Area within ½ mile
8,685
Businesses Nearby
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Business Placement
Demographics for 91101, CA
20,583
Population
12,400
Households
1.7
Avg Household Size
38
Median Age
63%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
15,833
Density / Sq Mi
$94,180
Median Household Income
$62,458
Median Earnings
$2,282
Median Rent
$687,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - A two-story Pasadena property combines a varied studio and one-bedroom layout with on-site parking and shared laundry.
Where is this apartment building located?
The property is located at 259 N Euclid Ave Pasadena, CA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 23 apartments across five unit configurations: 8 one‑bedroom/one‑bathroom units, 7 studios, 5 junior studios, and 3 bachelor units; 12,780 SF building on an 11,811 SF lot; built in 1955; PSC CD‑MU‑G zoning
