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40-Unit Apartment Building
For Sale
$11,995,000

990 Valley View Avenue, Pasadena, CA 91107

The residences include one- and two-bedroom layouts, with several interiors already renovated.

Property SizeContact for details
Days on Market19

Property Features for 990 Valley View Avenue

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1961
Listing Agency: Realty Investment Advisors, Inc
Listed By: Alexander Metaxas (ametaxas@riacre.com)
Source: Valleyland
Added: Sep 30 Changed: Oct 12 Last Checked: Oct 16 at 8:20AM

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 Realty Investment Advisors, Inc

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Investment Insights

Based on property information with market context.

Built in 1961, this 40-unit apartment property contains 32 two-bedroom, one-bath residences and 8 one-bedroom, one-bath residences. Building records indicate more than 41,200 square feet. Several apartments have received full interior renovations, and the property has updated windows, copper plumbing, a completed soft-story seismic retrofit, and a recent exterior repaint. The electrical system has been serviceable and insurable for the current ownership.

990 Valley View Avenue is in Pasadena, near Hastings Ranch and the Sierra Madre city boundary. Hastings Village and Hastings Ranch Center are a five-minute drive away, with retailers and services including Whole Foods Market, Trader Joe’s, Sprouts Farmers Market, Dick’s Sporting Goods, and Lucky Strike.

Key Highlights

  • 40 apartments with 32 two‑bedroom/one‑bath and 8 one‑bedroom/one‑bath layouts
  • More than 41,200 total square feet per building records
  • Several units have completed interior renovations

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Barber Shop Grocery & Convenience Store Food Market Computer & Electronic Repair (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

356
Businesses Nearby

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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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?
Apartment building - The residences include one- and two-bedroom layouts, with several interiors already renovated.
Where is this apartment building located?
The property is located at 990 Valley View Avenue Pasadena, CA.
What is the asking price?
The asking price for this property is $11,995,000.
What are key features of this property?
This property features: 40 apartments with 32 two‑bedroom/one‑bath and 8 one‑bedroom/one‑bath layouts; More than 41,200 total square feet per building records; Several units have completed interior renovations
More about this property
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