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4-Unit Multifamily Property
New
For Sale
$1,250,000

264 E Glenarm, Pasadena, CA 91106

RM-32-HL-1 zoning and detached carport parking support a practical multifamily configuration.

Property Size2,016 SF
Days on Market6

Property Features for 264 E Glenarm

General Information

Standard status Active
Size 2,016 SF
Total Parking Spaces 4
Property subtype Apartment
Zoning RM-32-HL-1

Property Condition

Severity Repairs Needed
Evidence in need of updating

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Building Details

Building Size 2,016 SF
Year Built 1927
Listing Agency: Art Del Rey Realty, Inc.
Listed By: Pamela DelRey · License #00864033
Source: Hopewayrealtygroup
Added: Aug 24 Changed: Aug 28 Last Checked: Aug 28 at 8:36PM

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 Art Del Rey Realty, Inc.

Investment Insights

Based on property information with market context.

This 1927 multifamily property at 264 E Glenarm in Pasadena contains four one-bedroom, one-bathroom units along with four detached carport spaces. The existing configuration is straightforward, while the property requires updating and repositioning to realize its stated improvement potential.

The property is near Madison Heights, the Metro Gold Line, and Old Town Pasadena, with shopping, restaurants, and transportation in the surrounding area. RM-32-HL-1 zoning may support additional development, including another unit or new construction, subject to city approval and applicable zoning requirements.

Key Highlights

  • Four 1‑bedroom, 1‑bathroom units
  • Four detached carport parking spaces
  • Built in 1927

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Food Market Grocery & Convenience Store Furniture & Home Goods Barber Shop (Bike/Boat/Book/etc) Store

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,141
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 - RM-32-HL-1 zoning and detached carport parking support a practical multifamily configuration.
Where is this quadplex located?
The property is located at 264 E Glenarm 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 1‑bedroom, 1‑bathroom units; Four detached carport parking spaces; Built in 1927
More about this property
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