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Pasadena 3-Unit Apartment Bungalow
For Sale
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405 N Euclid Ave, Pasadena, CA 91101

A 2-story 1898 bungalow with two 2-bedroom units and one 1-bedroom unit, plus shared driveway parking.

Property Size2,744 SF
Lot Size0.27 Acres
Days on Market121

Property Features for 405 N Euclid Ave

General Information

Standard status Active
Size 2,744 SF
Total Parking Spaces 8
Lot size 0.27 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 3

Building Details

Year Built 1898
Stories 2
Construction American Craftsman
Tenancy Multi
Listing Agency: Growth Investment Group
Listed By: Handoko Chen · License #01749321
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 10:54AM

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

Investment Insights

Based on property information with market context.

This 3-unit apartment property is a 2-story American Craftsman-style bungalow built in 1898. The unit mix includes two (2) 2-bedroom units and one (1) 1-bedroom unit. The units feature higher ceilings and character details, and each of the two-bedroom units has a private patio in the back. The 2nd-floor 2-bedroom unit also includes a “large den” area currently used as a private office, along with a large kitchen with a separate dining room and breakfast counter, plus an under-utilized attic space. None of the units have been upgraded, offering interior updates and customization opportunity for a new owner.

Parking consists of three open spaces in the rear and a five-car parking garage. The shared driveway is with the adjacent property at 411–417 N Euclid Ave, which is also available for sale. One unit is in the eviction process and may be delivered vacant.

The sale includes an approved plan to convert the parking garages into two ADUs. Exterior improvements include a new entry gate, new parking gate, new exterior paint, re-done landscaping, and new window blinds.

Key Highlights

  • Value‑add 3‑unit apartment community at 405 N Euclid Ave in Pasadena, built in 1898.
  • Unit mix: two (2) 2 bed/1 bath units and one (1) 1 bed/1 bath unit with high ceilings and character features.
  • Building size is ±2,744 SF on a ±11,630 SF lot with a shared driveway with 411–417 N Euclid Ave.

Property Analytics

Current Use

Mayfield Junior School High School Sanfilippo Michael J Construction Company

Suggested Use

Top Pick Mobile Phone Store Food Market (Bike/Boat/Book/etc) Store Farmer's Market Clothing & Fashion Store Daycare Center

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7,321
Businesses Nearby

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

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?
Triplex - A 2-story 1898 bungalow with two 2-bedroom units and one 1-bedroom unit, plus shared driveway parking.
Where is this triplex located?
The property is located at 405 N Euclid Ave Pasadena, CA.
What are key features of this property?
This property features: Value‑add 3‑unit apartment community at 405 N Euclid Ave in Pasadena, built in 1898.; Unit mix: two (2) 2 bed/1 bath units and one (1) 1 bed/1 bath unit with high ceilings and character features.; Building size is ±2,744 SF on a ±11,630 SF lot with a shared driveway with 411–417 N Euclid Ave.
(626) 224-2495 Call to check price and availability
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