**Pride of Ownership in Prime Pasadena!** We are pleased to present this charming 7-unit cottage-style multi-family asset offering both stability and upside in one of Pasadena’s most desirable and walkable rental corridors. Situated on a lushly landscaped 19,492 sq. ft. lot with garden walkways and tranquil outdoor space, the property features a rare unit mix of (3) 2-Bedroom/1-Bath &' (4) 1-Bedroom/1-Bath detached cottages totaling 6,133 rentable sq. ft. each offering tenants a private, home-like feel.
Tenants enjoy onsite garage parking, a dedicated laundry facility, and convenience to nearby top-tier amenities. Located directly across from Mayfield Junior School and just minutes from Caltech, Pasadena City College, and the shops and dining of Old Pasadena, this location supports consistent demand and long-term tenant retention.
The property has been thoughtfully upgraded with copper plumbing, modern electrical panels, newer roofs, and is separately metered for gas and electricity, ensuring operational efficiency for the next owner. With proven in-place income, strong tenant retention, and pride of ownership throughout, this asset is ideal for investors seeking a turn-key opportunity in a high-demand Pasadena submarket. (For those looking to scale, this property can also be purchased with the adjacent 6-unit multi-family property at 434 S. Euclid Ave., creating a rare opportunity to own a 13-unit portfolio in one of Pasadena’s strongest rental corridors. Development potential may exist as well given the combined lot sizes.)
Tenants enjoy onsite garage parking, a dedicated laundry facility, and convenience to nearby top-tier amenities. Located directly across from Mayfield Junior School and just minutes from Caltech, Pasadena City College, and the shops and dining of Old Pasadena, this location supports consistent demand and long-term tenant retention.
The property has been thoughtfully upgraded with copper plumbing, modern electrical panels, newer roofs, and is separately metered for gas and electricity, ensuring operational efficiency for the next owner. With proven in-place income, strong tenant retention, and pride of ownership throughout, this asset is ideal for investors seeking a turn-key opportunity in a high-demand Pasadena submarket. (For those looking to scale, this property can also be purchased with the adjacent 6-unit multi-family property at 434 S. Euclid Ave., creating a rare opportunity to own a 13-unit portfolio in one of Pasadena’s strongest rental corridors. Development potential may exist as well given the combined lot sizes.)
Property Details
Price:
$2,750,000
MLS #:
CV25112179
Status:
Active
Baths:
0
Address:
420 S Euclid Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
647pasadenasw
City:
Pasadena
Listed Date:
May 20, 2025
State:
CA
ZIP:
91101
Lot Size:
19,492 sqft / 0.45 acres (approx)
Year Built:
1921
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Schools
Interior
Accessibility Features
None
Appliances
None
Cooling
Wall/ Window Unit(s)
Exterior
Community Features
Curbs, Sidewalks, Street Lights
Fencing
Excellent Condition
Garage Spaces
5.00
Lot Features
0-1 Unit/ Acre
Parking Features
Carport, Garage
Parking Spots
7.00
Pool Features
None
Roof
Shingle
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Map
Community
- Address420 S Euclid Avenue Pasadena CA
- Area647 – Pasadena (SW)
- CityPasadena
- CountyLos Angeles
- Zip Code91101
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420 S Euclid Avenue
Pasadena, CA
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