Green Street Apartments presents a rare value-add investment opportunity in Pasadena, comprising 90 residential units and approximately 1,500 square feet of street-front retail. The property features structured parking, a swimming pool, fitness center and resident amenities while generating established in-place cash flow. The residential units are subject to affordability requirements. Current ownership is renovating units and achieving approximately $200 per month in additional rent within applicable regulatory limits, demonstrating further upside through continued unit renovations, modernization of common areas, ancillary revenue growth and operating efficiencies. Danbi Coffee, a beloved specialty cafe known for its minimalist design, curated coffee program, and serene atmosphere. With several locations across Southern California, Danbi Coffee brings a refined and welcoming presence to the neighborhood, serving as a community gathering spot and enhancing the property’s cultural and commercial appeal.Pasadena itself is a city celebrated for its cultural richness and historic charm. Home to the world-famous Rose Bowl Parade, held every New Year’s Day, Pasadena draws thousands to witness the pageantry of elaborate floats and musical performances. Beyond the festivities, Colorado Boulevard serves as a vibrant commercial corridor, lined with boutiques, cafes, and one-of-a-kind shops that reflect the city’s eclectic spirit.
Property Details
Price:
$25,000,000
MLS #:
26865683
Status:
Active
Beds:
0
Baths:
91
Type:
Single Family
Neighborhood:
648pasadenase
Listed Date:
Aug 6, 2026
Finished Sq Ft:
62,683
Total Sq Ft:
62,683
Lot Size:
25,668 sqft / 0.59 acres (approx)
Year Built:
2009
See this Listing
Schools
Interior
Appliances
GD, MW, RF
Heating
CF
Levels
C
Exterior
Parking Spots
56
Parking Total
56
Spa Features
COM
Financial
Map
Community
- Address1299 E Green ST Pasadena CA
- CityPasadena
- CountyLos Angeles
- Zip Code91106
Market Summary
Current real estate data for Single Family in Pasadena as of Aug 16, 2026
334
Single Family Listed
54
Avg DOM
521
Avg $ / SqFt
$1,778,724
Avg List Price
Property Summary
- 1299 E Green ST Pasadena CA is a Single Family for sale in Pasadena, CA, 91106. It is listed for $25,000,000 and features 0 beds, 91 baths, and has approximately 62,683 square feet of living space, and was originally constructed in 2009. The current price per square foot is $399. The average price per square foot for Single Family listings in Pasadena is $521. The average listing price for Single Family in Pasadena is $1,778,724.
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1299 E Green ST
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