276 S Sierra Madre BL
Pasadena, CA, 91107
$5,585,000
4 Beds
22 Baths
8,884 SqFt
0.34 Acres
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MLS #26642065 image #0
**BROKERS LOOK AT AGENT REMARKS**. 6% CAP RATE, TURN-KEY PROPERTY! We are pleased to present this 22-unit multi-family property that has undergone extensive updating and renovation. A turn-key investment with a 6% Cap Rate, on the south side of Pasadena. Significant capital improvements include updated electrical, plumbing, drain lines, windows, doors and driveway/parking. The unit mix consists of 4 large 1-bed + 1-bath units and 18 Singles/1-bath with full size kitchens. All units have been renovated to include laminate or vinyl flooring, granite countertops, new cabinets, renovated bathrooms, stainless steel appliances and updated heat/AC systems. Tenants enjoy gated parking and a secure on-site laundry room. The property is meticulously maintained and managed by the ownership. Thoughtful and strategic property improvements enhance tenant appeal and rentability as well as reducing near-term capital expenditure exposure. The unit mix offers high rentability and flexibility in a dynamic rental market. Located not far from CalTech, PCC and the city of San Marino help make the location desired and convenient.

Property Details

Price:
$5,585,000
MLS #:
26642065
Status:
Active
Beds:
4
Baths:
22
Type:
Single Family
Neighborhood:
648pasadenase
Listed Date:
Jan 27, 2026
Finished Sq Ft:
8,884
Total Sq Ft:
8,884
Lot Size:
14,600 sqft / 0.34 acres (approx)
Year Built:
1956
648 – Pasadena (se)648pasadenase

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Schools

Interior

Appliances
DW, MW, RF
Heating
ELC, HP
Interior Features
CF
Levels
U

Exterior

Financial

Gross Operating Income
$479,219
Net Operating Income
$335,559

Map

Community

Market Summary

Current real estate data for Single Family in Pasadena as of Apr 06, 2026
325
Single Family Listed
61
Avg DOM
466
Avg $ / SqFt
$1,504,778
Avg List Price

Property Summary

    276 S Sierra Madre BL Pasadena CA is a Single Family for sale in Pasadena, CA, 91107. It is listed for $5,585,000 and features 4 beds, 22 baths, and has approximately 8,884 square feet of living space, and was originally constructed in 1956. The current price per square foot is $629. The average price per square foot for Single Family listings in Pasadena is $466. The average listing price for Single Family in Pasadena is $1,504,778.

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276 S Sierra Madre BL
Pasadena, CA