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Duplex Apartment Property
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332 Anita Dr, Pasadena, CA 91105

Pasadena, CA

Property Size520 SF
Lot Size0.19 Acres
Price / SF$5.77
Days on Market50

Property Features for 332 Anita Dr

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1, Laundry Room, Kitchen, Bedroom 2
Window features Blinds
Patio and Porch features Porch, Patio
Fireplace 1
Appliances Water Heater, Disposal, Electric Range, Electric Oven, Freezer, Dishwasher
Lot features Sloped Down, 2-5 Units/ Acre, Back Yard
Elementary school district Pasadena Unified
Middle school district Pasadena Unified
High school district Pasadena Unified
Directions West of Ave 64, South of Glenullen Ave
Subdivision 648 - Pasadena (SE)
Standard status Active
APN 5709025014
Size 520 SF
Lot size 0.19 Acres

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Energy Star Qualified Equipment (Heating), Electric (Heating), Ductless (Heating), Forced Air
Cooling system Ductless, ENERGY STAR Qualified Equipment, Heat Pump, Electric

Amenities

private entrance
front porch
stove
dishwasher
mini-split AC
refrigerator

Building Details

Year built 1949
Floors in Building 1
Number of units 2
Flooring type Laminate
Building materials Drywall Walls
Roof type Shingle
Listing Agency: HomeSmart, Evergreen Realty · HomeSmart International
Listed By: Calvin Wong · License #02059212
Added: Sep 13 Changed: Oct 28 Last Checked: Nov 1 at 1:06PM
MLS# AR26200615

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This duplex property includes a 520-square-foot apartment-style unit with two bedrooms, one bathroom, a kitchen, and a laundry room. The residence has its own entrance and front porch, with laminate flooring, drywall walls, and a shingle roof. Kitchen equipment includes an electric range, electric oven, freezer, dishwasher, disposal, and water heater. Heating and cooling are provided by ductless electric equipment with heat-pump functionality.

The property is in Pasadena, California, near the 134 freeway and approximately five minutes from the Rose Bowl. Old Town, Lower Arroyo Park, San Rafael Park, and San Rafael Library are also identified nearby. Additional site features include a patio, public sewer service, and available water service.

Key Highlights

  • 520‑square‑foot apartment‑style unit with 2 bedrooms and 1 bathroom
  • Private entrance with exclusive front porch and additional patio space
  • Kitchen includes electric range, electric oven, freezer, dishwasher, and disposal

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$723,070
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,461,400 $14.5M
Cap Rate 7%
$10,329,571 $10.3M
Cap Rate 9%
$8,034,111 $8.0M
Market Conditions
NOI Build-Up for 520 SF
Gross rent
$1.32M $2,546.04/SF
− Vacancy
−$9.3K −$17.82/SF
EGI
$1.31M $2,528.22/SF
− OpEx
−$591.6K −$1,137.70/SF
NOI
$723.1K $1,390.52/SF
Area
Pasadena, CA
Vacancy
0.70%
Lease Rate
$2,546.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,461,400
Cap Rate 7%
$10,329,571
Cap Rate 9%
$8,034,111

Alternative Uses

Best Use
Multifamily LT 5
$11.71M
$10.24M – $13.66M (±1% cap)
NOI $819,366 @ 7.0% cap · market cap 27,312.20%
Second Best
Apartment 5plus
$10.33M
$9.04M – $12.05M (±1% cap)
NOI $723,070 @ 7.0% cap · market cap 24,102.33%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

1
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

500
Businesses Nearby

Demographics for 91105, CA

13,869
Population
6,773
Households
2
Avg Household Size
48
Median Age
73%
College-Educated
98%
High-School Grad
4.2 sq mi
ZIP Area
3,302
Density / Sq Mi
$156,835
Median Household Income
$97,402
Median Earnings
$2,988
Median Rent
$1,615,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Private access, outdoor space, and dedicated kitchen appliances support comfortable residential use.
Where is this duplex located?
The property is located at 332 Anita Dr Pasadena, CA.
What are key features of this property?
This property features: 520‑square‑foot apartment‑style unit with 2 bedrooms and 1 bathroom; Private entrance with exclusive front porch and additional patio space; Kitchen includes electric range, electric oven, freezer, dishwasher, and disposal
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