276 S Sierra Madre BL
Pasadena, CA, 91107
$5,875,000
4 Beds
22 Baths
0 SqFt
0.35 Acres
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TURN-KEY, FULLY UPDATED PROPERTY!! Rare offering of 22 units, meticulously maintained, South of Del Mar Blvd. at $267K per unit and 5.34% Cap Rate,….Pride of Ownership just north of San Marino border. The property features UPDATED WINDOWS, ELECTRICAL, & PLUMBING SYSTEMS; REMODELED INTERIORS, Newer roof, refreshed landscaping, and secured on-site gated parking, offering a low-maintenance profile for investors seeking a streamlined, predictable operation. Thoughtful improvements enhance tenant appeal while reducing future capital expenditures. Master metered for electricity, gas and water, making this a perfect candidate to pass-thru utility expenses, trimming expenses and improving cash flow! The unit mix includes 4 spacious 1-bed + 1-bath units and 18 well-designed singles, totaling approximately 8,884 SF (per appraiser) of building area on a 14,600 SF lot. With highly functional layouts and modern finishes throughout, the building boasts units that are always in demand and stands out as an exceptionally pride-of-ownership asset in a supply-constrained submarket.

Property Details

Price:
$5,875,000
MLS #:
25626927
Status:
Active
Beds:
4
Baths:
22
Type:
Single Family
Neighborhood:
648pasadenase
Listed Date:
Dec 9, 2025
Lot Size:
15,135 sqft / 0.35 acres (approx)
Year Built:
1956
Community Gated648 – Pasadena (se)648pasadenase

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Schools

Interior

Appliances
DW, MW, RF
Cooling
ELC, HP, WW
Heating
HP
Laundry Features
CM

Exterior

Security Features
AG, GC

Financial

Gross Operating Income
$472,584
Net Operating Income
$322,963

Map

Community

Market Summary

Current real estate data for Single Family in Pasadena as of Dec 13, 2025
185
Single Family Listed
54
Avg DOM
491
Avg $ / SqFt
$1,906,491
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 $5,875,000 and features 4 beds, 22 baths, and has approximately 0 square feet of living space, and was originally constructed in 1956. The average price per square foot for Single Family listings in Pasadena is $491. The average listing price for Single Family in Pasadena is $1,906,491.

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276 S Sierra Madre BL
Pasadena, CA