1156 Steuben Street 5735015003
Pasadena, CA, 91106
$1,025,000
Beds
0 Baths
SqFt
0.16 Acres
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Unique investment opportunity in the heart of Pasadena—perfectly situated within walking distance to Colorado Boulevard, Pasadena City College, and Caltech. This property, zoned RM48, offers significant development potential in one of the most desirable and transit-accessible neighborhoods in the city. While the tax records show the property as a duplex, it is currently operating with five income-generating units. With an attractive Gross Rent Multiplier and Cap Rate, this asset allows you to collect income immediately while submitting plans for new construction or redevelopment. Offers are due 7/30/2025 at 6:00 pm

Property Details

Price:
$1,025,000
MLS #:
PF25150795
Status:
Active
Baths:
0
Address:
1156 Steuben Street 5735015003
Type:
Land
Neighborhood:
648pasadenase
City:
Pasadena
Listed Date:
Jul 10, 2025
State:
CA
ZIP:
91106
Lot Size:
6,807 sqft / 0.16 acres (approx)
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1156 Steuben Street 5735015003
Pasadena, CA