12-Unit Apartment
For Sale
$4,290,000
415 S El Molino, Pasadena, CA 91101
12-unit multifamily property zoned R-3 with a three-building layout and private, fully enclosed yard areas for residents.
Property Size12 SF
Days on Market44
Property Features for 415 S El Molino
General Information
Standard status
Active
Size
12 SF
Property subtype
Apartment
Building Details
Building Size
12 SF
Year Built
1955
Listing Agency:
IRN REALTY
Listed By:
X F SHIRLEY H. LAM · License #01254472
(626) 447-5100
Source:
Hopewayrealtygroup
Added: Jul 27
Changed: Aug 16
Last Checked: Sep 8 at 9:32AM
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 IRN REALTY
Investment Insights
Based on property information with market context.
Offered at 415 S El Molino in Pasadena, this 12-unit apartment building is a three-building complex with shared and private outdoor space. The property is described as having ground-floor layouts that expand living space outdoors with expansive, fully enclosed private yards, plus an upstairs shared open-air common breezeway for three units.
The first building is described as having 1924-era character, with two additional buildings constructed in 1955, creating a staggered construction and varied unit layouts. The property is also presented as an R-3 multifamily zoning site, supporting density and expansion considerations.
The offering text further describes a value-add and capital expenditure modernization opportunity, including items such as roof replacement, exterior repainting, and replacement of aging water heaters, along with an interior renovation across portions of the unit mix.
The first building is described as having 1924-era character, with two additional buildings constructed in 1955, creating a staggered construction and varied unit layouts. The property is also presented as an R-3 multifamily zoning site, supporting density and expansion considerations.
The offering text further describes a value-add and capital expenditure modernization opportunity, including items such as roof replacement, exterior repainting, and replacement of aging water heaters, along with an interior renovation across portions of the unit mix.
Key Highlights
- 12‑unit apartment building
- Zoned R‑3 multifamily
- Three‑building complex with a 1924‑era building plus two buildings built in 1955
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7,213
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 12-unit multifamily property zoned R-3 with a three-building layout and private, fully enclosed yard areas for residents.
Where is this apartment building located?
The property is located at 415 S El Molino Pasadena, CA.
What is the asking price?
The asking price for this property is $4,290,000.
What are key features of this property?
This property features: 12‑unit apartment building; Zoned R‑3 multifamily; Three‑building complex with a 1924‑era building plus two buildings built in 1955
