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    Pasadena, CA Multifamily Properties for Sale

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    Los Angeles, CA South Pasadena, CA San Marino, CA
    43 results
    Pasadena Triplex with Strong Income
    $1,799,999
    3,418 SF

    Pasadena Triplex with Strong Income

    637 N Raymond Avenue, Pasadena, CA 91103

    Well-positioned triplex with strong in-place income and architectural appeal.

    • Strong in‑place income with a projected cap rate above 4% in a high‑demand rental market.
    • Triplex configuration where each unit feels like a standalone home, reducing turnover and supporting premium rents.
    • Each unit has distinct architectural identities and updated features, attracting quality renters and ensuring long‑term tenant retention.
    • Ample on‑site parking via dual driveways, a valuable amenity in the area.
    • Shared central courtyard and detached laundry structure enhance tenant livability.
    Updated: May 1
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    Pasadena Triplex with Strong Income
    $1,799,999
    3,418 SF

    Pasadena Triplex with Strong Income

    637 N Raymond Avenue, Pasadena, CA 91103

    Well-positioned triplex with strong in-place income and architectural appeal.

    • Strong in‑place income with a cap rate projected above 4% in a high‑demand rental market.
    • Triplex configured so each residence feels like a standalone home, reducing turnover and supporting premium rents.
    • Each unit has distinct architectural identities (Arts & Crafts, Santa Barbara, Spanish/Pueblo) creating natural appeal.
    • Ample on‑site parking via dual driveways, a valuable amenity in the area.
    • Shared central courtyard designed for everyday use, enhancing tenant experience.
    Updated: May 1
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    Pasadena Quadruplex with Upside Potential
    $1,880,000
    3,439 SF

    Pasadena Quadruplex with Upside Potential

    Four-unit income property in Pasadena with development potential.

    279 Parke Street, Pasadena, CA 91101
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    Pasadena Triplex with Development Potential
    $1,898,000
    2,556 SF

    Pasadena Triplex with Development Potential

    Multi-unit property in Madison Heights with investment and development upside.

    892 S Marengo, Pasadena, CA 91106
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    Pasadena Duplex: Versatile Redevelopment Opportunity
    $1,599,000
    3,168 SF

    Pasadena Duplex: Versatile Redevelopment Opportunity

    Renovated Pasadena duplex with diverse potential uses and prime location.

    1325 Glen, Pasadena, CA 91103
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    Pasadena Duplex Investment Opportunity
    $1,100,000
    1,881 SF

    Pasadena Duplex Investment Opportunity

    Duplex in Pasadena, ideal for investors and owner-users.

    1428 N Hill Ave, Pasadena, CA 91104
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    Pasadena Multifamily Investment Opportunity
    $2,990,000
    5,971 SF

    Pasadena Multifamily Investment Opportunity

    Fully occupied 6-unit property with development potential in Pasadena.

    92 N Allen Avenue, Pasadena, CA 91106
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    Pasadena Duplex: Income Opportunity
    $1,350,000
    2,222 SF

    Pasadena Duplex: Income Opportunity

    Well-maintained duplex in Pasadena with immediate rental income.

    79 N Berkeley, Pasadena, CA 91107
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    Pasadena Multifamily Investment Opportunity
    $2,990,000
    15,894.00 Acres

    Pasadena Multifamily Investment Opportunity

    Six-unit income property with development potential near Pasadena City College.

    92 N Allen Avenue, Pasadena, CA 91106
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    Pasadena Land with Development Potential
    $4,800,000
    22,497.00 Acres

    Pasadena Land with Development Potential

    Large lot zoned for multifamily development in Pasadena.

    401 N Chester Avenue, Pasadena, CA 91106
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    Pasadena Land for Development
    $9,800,000
    45,262.00 Acres

    Pasadena Land for Development

    Large lot in Pasadena with development potential.

    380 N Mar Vista Avenue, Pasadena, CA 91106
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    Pasadena Duplex on Large Lot
    $1,150,000
    1,442 SF

    Pasadena Duplex on Large Lot

    Two houses on one lot in Pasadena neighborhood.

    43 Palmetto, Pasadena, CA 91105
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    Pasadena Multi-Unit Property For Sale
    $1,998,000
    0.28 Acres

    Pasadena Multi-Unit Property For Sale

    Multi-unit property in Pasadena's Madison Heights neighborhood with development potential.

    892 S Marengo, Pasadena, CA 91106
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    Updated Triplex in Pasadena Heart
    $2,100,000
    0.27 Acres

    Updated Triplex in Pasadena Heart

    Well-maintained, updated triplex with investment potential in Pasadena.

    1550 N Lake Ave, Pasadena, CA 91104
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    Renovated Pasadena Multifamily Investment
    $3,900,000

    Renovated Pasadena Multifamily Investment

    Extensively renovated 8-unit property with new construction ADUs.

    790 E Orange Grove Blvd, Pasadena, CA 91104
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    Pasadena Apartment Building Opportunity
    $5,700,000
    15,714 SF

    Pasadena Apartment Building Opportunity

    15-unit apartment building in desirable Pasadena location.

    144 N Michigan, Pasadena, CA 91106
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    1922 Spanish-Style Quadruplex on Lake
    $2,800,000

    1922 Spanish-Style Quadruplex on Lake

    Charming 4-unit property with upside potential in Pasadena.

    1157 Lake Ave, Pasadena, CA 91104
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    Pasadena Triplex with Remodeled Units
    $1,250,000
    2,217 SF

    Pasadena Triplex with Remodeled Units

    Triplex in Pasadena with remodeled units and ADU potential.

    2915 Morningside, Pasadena, CA 91107
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    Pasadena Multi-Unit Income Property
    $2,499,000

    Pasadena Multi-Unit Income Property

    Remodeled multi-unit property with ADUs in Northeast Pasadena.

    1670 N Oxford Ave N, Pasadena, CA 91104
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    Pasadena Multifamily Investment Opportunity
    $1,125,000

    Pasadena Multifamily Investment Opportunity

    Five-unit apartment building in prime Pasadena location with rental upside.

    826 N Summit Ave, Pasadena, CA 91103
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    Pasadena Multifamily Investment Opportunity
    $1,900,000

    Pasadena Multifamily Investment Opportunity

    Well-maintained 6-unit property in North Central Pasadena with strong cashflow.

    1500 Navarro Ave, Pasadena, CA 91103
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    Pasadena Multifamily Investment Opportunity
    $2,200,000
    3,192 SF

    Pasadena Multifamily Investment Opportunity

    Six-unit multifamily property in Pasadena's Madison Heights neighborhood.

    902 S Marengo Ave, Pasadena, CA 91106
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    Rehabilitated Duplex Near Old Town
    $1,299,998

    Rehabilitated Duplex Near Old Town

    Two homes on one lot, fully renovated near Pasadena.

    805 Earlham St, Pasadena, CA 91101
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    Pasadena Multifamily Portfolio For Sale
    $5,100,000
    9,930 SF

    Pasadena Multifamily Portfolio For Sale

    20-unit multifamily portfolio in Pasadena near PCC & Caltech.

    31 N Parkwood Ave, Pasadena, CA 91107
    View details

    Pasadena, CA Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Pasadena, CA, showcased through 43 active listings on our real estate platform. These investment opportunities span a total of 105,280 square feet of properties for sale, with an estimated market value of $58,412,886.

    Sale prices for multifamily properties in Pasadena, CA start at $1,100,000, averaging $2,655,131, and reaching up to $11,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Apartment buildings 19
    Duplexes 9
    Triplexes 9
    Quadplexes 5

    Property Size Breakdown

    The majority of commercial real estate listings in Pasadena fall within the 25,000 to 50,000 square foot range.

    Demographics Overview

    Population 184K
    Population Growth (5Y) -4.3%
    Median Household Income $124,103
    College Educated 26.0%

    High-Yield Neighborhoods for Investment

    Identify Pasadena submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    91105 $1.2M
    91107 $1.8M
    91104 $2.3M
    91101 $2.8M
    91103 $3.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.06%
    Property Tax per SF $9.29 per sq ft
    Tax Rate vs County Average 0.18 pp below county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Pasadena, CA

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