Great opportunity to own a 4-unit, beautifully maintained investment property with a diverse mix of units from 2 Bedroom/2 Bathroom up to a 4 Bedroom/2.5 Bath offering excellent upside potential. The front house offers great curb appeal with a grand front porch and upstairs balconies overlooking the grassy fenced front yard shared by the two front units. The insides of the units offer classic features like fireplaces and arched doorways. The first front unit features a 1,500 sf. 2 Bedroom – 2 Bath with loft. The second unit is a roomy 1,677 sf unit featuring 4 Bedrooms – 2.5 Baths. Each unit is assigned it’s own garage with a washer and dryer in each. There is a large open space between the buildings for additional parking. In the rear of the property is a second building offering two identical 3 Bedroom – 2 Bath units. There is a shared carport with one space for each unit. The upstairs unit opens to a beautiful custom deck for those tenants exclusive use. The bottom unit has exclusive access to a back patio area extending the length of the building. The recent addition of individual laundry facilities for the rear two units is a potential source of extra monthly income. In addition to being amazingly maintained the property owner has done extensive upgrades including new roofs, copper plumbing, complete exterior paint, landscaping, earthquake retrofit, resurfaced driveway and more. All units are tenant-occupied ensuring immediate rental income. This property is conveniently located close to bus stops, grocery stores, restaurants, shops, with easy access to Old Town and the Rose Bowl and all Pasadena has to offer. Don’t miss this opportunity to add this excellent property to your investment portfolio!
Property Details
Price:
$1,749,500
MLS #:
AR25052126
Status:
Active
Baths:
0
Address:
1400 N Garfield Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
645pasadenanw
City:
Pasadena
Listed Date:
Mar 7, 2025
State:
CA
ZIP:
91104
Lot Size:
10,881 sqft / 0.25 acres (approx)
Year Built:
1932
See this Listing
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Fireplace Features
Living Room
Flooring
Laminate
Heating
Central
Interior Features
Balcony
Exterior
Community Features
Curbs, Sidewalks, Street Lights
Electric
Electricity – On Property
Garage Spaces
2.00
Lot Features
0-1 Unit/ Acre
Parking Features
Carport, Asphalt, Driveway Down Slope From Street, Garage, Garage – Single Door
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
3
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Cable T V, Electricity, Gas
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address1400 N Garfield Avenue Pasadena CA
- Area645 – Pasadena (NW)
- CityPasadena
- CountyLos Angeles
- Zip Code91104
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1400 N Garfield Avenue
Pasadena, CA
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