Detached One-Bedroom Income
New
For Sale
Contact for pricing
57 Eastern Avenue, Pasadena, CA 91107
Pasadena, CA
Property Size650 SF
Lot Size0.20 Acres
Price / SF$3.62
Days on Market2
Property Features for 57 Eastern Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
PSR3
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Laundry Room, Kitchen, Bedroom 1
Parking
1
Lot features
2-5 Units/ Acre
Elementary school district
Pasadena Unified
Middle school district
Pasadena Unified
High school district
Pasadena Unified
Directions
South of Colorado on Eastern Ave
Subdivision
648 - Pasadena (SE)
Standard status
Active
APN
5748014030
Size
650 SF
Lot size
0.20 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
air conditioning
laundry hookups
Building Details
Year built
1941
Floors in Building
1
Number of units
3
Buildings
1
Listing Agency:
FOCUS PROPERTY SERVICES, INC.
(626) 285-9689
Listed By:
CHUNG-TAO LEE · License #01227475
(626) 348-1863
Added: Oct 30
Last Checked: Oct 31 at 11:06AM
MLS# WS26234339
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.
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Investment Insights
Based on property information with market context.
This detached residential income property contains a one-bedroom unit with 650 square feet of interior space. The home was built in 1941 and has updated laminate flooring, a renovated kitchen, and modern air conditioning. Laundry hookups are located inside the unit, and a dedicated one-car garage is included. The parcel measures 0.1951 acres and is zoned PSR3.
The property is in Pasadena, near the 210 Freeway, Old Town Pasadena, and Pasadena City College. Colorado Boulevard is within walking distance. Public water and public sewer serve the property.
The property is in Pasadena, near the 210 Freeway, Old Town Pasadena, and Pasadena City College. Colorado Boulevard is within walking distance. Public water and public sewer serve the property.
Key Highlights
- Detached one‑bedroom unit with 650 square feet
- Dedicated one‑car garage
- Updated laminate flooring, kitchen, and air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$903,838
Suggested Prices Based on Cap Rates
Cap Rate 5%
$18,076,760
$18.1M
Cap Rate 7%
$12,911,971
$12.9M
Cap Rate 9%
$10,042,644
$10.0M
Market Conditions
NOI Build-Up for 650 SF
Gross rent
$1.65M $2,546.04/SF
− Vacancy
−$11.6K −$17.82/SF
EGI
$1.64M $2,528.22/SF
− OpEx
−$739.5K −$1,137.70/SF
NOI
$903.8K $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%
$18,076,760
Cap Rate 7%
$12,911,971
Cap Rate 9%
$10,042,644
Alternative Uses
Best Use
Apartment 5plus
$12.91M
$11.30M – $15.06M
NOI $903,838 @ 7.0% cap · market cap 38,461.19%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$14.63M
$12.80M – $17.07M
NOI $1,024,207 @ 7.0% cap · market cap 43,583.28%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,618
Businesses Nearby
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Business Placement
Demographics for 91107, CA
33,729
Population
14,137
Households
2.4
Avg Household Size
43
Median Age
59%
College-Educated
93%
High-School Grad
8.5 sq mi
ZIP Area
3,968
Density / Sq Mi
$124,880
Median Household Income
$62,250
Median Earnings
$2,311
Median Rent
$1,106,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - An updated kitchen, air conditioning, and laundry hookups are included within the unit.
Where is this residential income property located?
The property is located at 57 Eastern Avenue Pasadena, CA.
What are key features of this property?
This property features: Detached one‑bedroom unit with 650 square feet; Dedicated one‑car garage; Updated laminate flooring, kitchen, and air conditioning
