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    South Pasadena, CA Multifamily Properties for Sale

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    Renovated 12-Unit Apartment Building
    Updated: Aug 19
    Renovated 12-Unit Apartment Building

    90 -92 Monterey Road, South Pasadena, CA 91030

    $3,975,000
    8,355 sqft 0.32 AC lot
    12‑unit multifamily property with 8,355 gross square feet
    Three two‑story walk‑up buildings on a 14,040‑square‑foot lot
    Twelve 2‑bedroom/1‑bathroom units
    Six units average approximately 655 square feet; six average approximately 670 square feet
    2008 renovation upgraded plumbing, electrical, windows, interiors, kitchens, bathrooms, fixtures, water heaters, and central air conditioning
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    This listing looks promising.

    Here's a quick look at some key insights for

    90 -92 Monterey Road, South Pasadena, CA 91030

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    • Est. Cap Rate

      3.4%
      NOI ÷ price

    • Est. NOI

      $134K
      Annual

    • Mortgage

      $2.18M
      Jun 2020

    • Last Sold

      Jun 2020
      $900K

    • Property Type

      Apartment House
      Built 1924
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    Two-Unit Duplex with Garage
    Updated: Jul 9
    Two-Unit Duplex with Garage

    1128 Fremont Avenue, South Pasadena, CA 91030

    $1,780,000
    2,413 sqft 0.18 AC lot
    Two residences totaling 2,413 square feet
    Lower unit: approximately 1,288 square feet with two bedrooms
    Upper unit: approximately 1,125 square feet with two bedrooms
    Detached garage accommodates 5 cars and is accessed from a rear alley
    0.1805‑acre lot with backyard lawn and main‑level deck
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    Four-Unit Quadplex with Gated Parking
    Four-Unit Quadplex with Gated Parking

    1429 Monterey Road, South Pasadena, CA 91030

    $2,350,000
    0.18 AC lot

    Income property with in-unit laundry, assigned gated parking, and separate electric and gas meters.

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    Craftsman Duplex
    Craftsman Duplex

    920 Adelaine Avenue, South Pasadena, CA 91030

    $1,498,000
    0.10 AC lot

    Two one-bedroom units offer front porches, hardwood floors, dining nooks, and private laundry rooms.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Two-Story Duplex with Detached Garage
    Two-Story Duplex with Detached Garage

    1128 Fremont AVE, South Pasadena, CA 91030

    $1,780,000
    2,413 sqft

    Two-story duplex with two separate units, recent laminate flooring, a large basement, and a sizable backyard with deck.

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    South Pasadena Multifamily Investment Opportunity
    South Pasadena Multifamily Investment Opportunity

    308 Pasadena Ave, South Pasadena, CA 91030

    Contact for pricing
    9,990 sqft 0.48 AC lot

    20-unit apartment building in South Pasadena with value-add potential.

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    Spanish-Style 4-Unit Property
    Spanish-Style 4-Unit Property

    1171 Huntington Drive, South Pasadena, CA 91030

    $2,780,000
    0.33 AC lot

    Two-story multifamily property with separately metered residences, private garages, landscaped grounds, and flexible living arrangements.

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    Mixed-Use Portfolio with Retail
    Mixed-Use Portfolio with Retail

    1500 Mission Street, South Pasadena, CA 91030

    Contact for pricing
    15,569 sqft

    Two adjacent buildings combine apartments, retail space, and on-site parking along Mission Street.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    1429 Monterey Road, South Pasadena, CA 91030

    $2,350,000

    Four well-maintained units with in-unit laundry, individual gas and electric meters, and gated parking with storage per unit.

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    Duplex with Detached Garage
    Duplex with Detached Garage

    1039 Grevelia ST, South Pasadena, CA 91030

    $799,000

    Two separate residences offer flexible space for extended household use or rental occupancy near Mission Street amenities.

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    Charming Craftsman Duplex in South Pasadena
    Charming Craftsman Duplex in South Pasadena

    920 Adelaine Avenue, South Pasadena, CA 91030

    $1,498,000

    Storybook Craftsman duplex near Trader Joe's and award-winning schools.

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    3-Story Apartment Building with Pool
    3-Story Apartment Building with Pool

    1760 State St, South Pasadena, CA 91030

    Contact for pricing
    39,919 sqft 0.94 AC lot

    Park Lane Apartments offers 42 units in a 3-story layout with tuck-under parking, gated entry, and a swimming pool.

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    South Pasadena Investment Property
    South Pasadena Investment Property

    500 Mound Ave, South Pasadena, CA 91030

    $2,200,000

    Six-unit property in South Pasadena, near schools and amenities.

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    Triplex with Two Garages
    Triplex with Two Garages

    929 Indiana Ave, South Pasadena, CA 91030

    $1,588,000

    Three residential units with individual kitchens and substantial on-site parking support rental or owner-occupant use.

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    Craftsman Triplex with Month-to-Month Units
    Craftsman Triplex with Month-to-Month Units

    1421 Lyndon Street, South Pasadena, CA 91030

    Contact for pricing
    2,936 sqft 0.19 AC lot

    Craftsman home plus two rear units, currently operated as three month-to-month rental units.

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    Charming Remodeled South Pasadena Apartments
    Charming Remodeled South Pasadena Apartments

    1714 Grevelia St, South Pasadena, CA 91030

    $3,750,000

    Eight-unit apartment building with remodeled units and modern amenities.

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    Renovated 12-Unit Apartment Buildings
    Renovated 12-Unit Apartment Buildings

    90--92 Monterey Road, South Pasadena, CA 91030

    Contact for pricing

    Three walk-up structures contain renovated two-bedroom, one-bath residences with upgraded building systems.

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    Renovated Quadplex
    Renovated Quadplex

    626 Brent Ave, South Pasadena, CA 91030

    Contact for pricing

    Four residential units include private garages, on-site laundry, and a landscaped lawn near neighborhood retail and dining.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in South Pasadena, CA, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

    Off-Market Properties in South Pasadena, CA

    Consider similar Off-Market properties in South Pasadena, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    612 Fremont Ave
    APARTMENT HOUSE (5+ UNITS)

    612 Fremont Ave, South Pasadena, CA 91030-2542

    Value Estimation by Request
    6,540 sqft 0.23 AC lot
    View details
    1218 Pne St
    APARTMENT HOUSE (5+ UNITS)

    1218 Pne St, South Pasadena, CA 91030-4320

    $6,610,000
    Estimated value
    20,447 sqft 0.39 AC lot
    View details
    646 Orange Grv Ave
    APARTMENT HOUSE (5+ UNITS)

    646 Orange Grv Ave, South Pasadena, CA 91030-2485

    $310,000
    Estimated value
    6,322 sqft 0.32 AC lot
    View details
    1112 Hope St
    APARTMENT HOUSE (5+ UNITS)

    1112 Hope St, South Pasadena, CA 91030-2537

    $275,000
    Estimated value
    4,954 sqft 0.19 AC lot
    View details
    1744 Huntington Dr
    APARTMENT HOUSE (5+ UNITS)

    1744 Huntington Dr, South Pasadena, CA 91030-4861

    Value Estimation by Request
    4,365 sqft 0.21 AC lot
    View details
    1733 Ellincourt Dr
    APARTMENT HOUSE (5+ UNITS)

    1733 Ellincourt Dr, South Pasadena, CA 91030-2111

    $255,000
    Estimated value
    6,438 sqft 0.22 AC lot
    View details

    South Pasadena, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in South Pasadena, CA, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 81,595 square feet of properties for sale, with an estimated market value of $26,348,000.

    Sale prices for multifamily properties in South Pasadena, CA start at $799,000, averaging $2,195,666, and reaching up to $3,975,000 — 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

    Commercial property segments ranked by active listings on the market

    Apartment buildings 8
    Duplexes 6
    Quadplexes 3
    Triplexes 2

    Demographics Overview

    Population 26K
    Population Growth (5Y) +2.0%
    Median Household Income $128,105
    College Educated 53.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    91030 $2.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.31%
    Property Tax per SF $8.74 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Los Angeles County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Los Angeles County

    Retail

    Office

    Residential Income

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