Charming 6-Unit Bungalow Investment – Prime Pasadena Location!
Rare opportunity to own a 6-unit, single-story bungalow-style apartment property in the heart of Pasadena, just a block from the historic Bungalow Heaven district. Situated on a large ±16,466 SF R3 lot, this well-maintained asset includes five freestanding structures totaling ±5,230 SF of living space.
Each of the six units is a spacious 2-bedroom, 1-bathroom (~870 SF) with excellent layouts and vintage charm. Features include:
Freestanding design – no shared walls.
Washer/dryer room next to kitchen (some with machines).
Beautiful Original hardwood floors, crown molding, wall paneling.
Updated bathrooms with tile floors and modern fixtures.
Kitchens with tile floors, range, exhaust fan, and water line for fridge.
Wall A/C units and ceiling fans to add comfort.
One reserved garage parking space per unit with two garage structures and four carport spaces.
Listed on the National Register of Historic Places, the property offers potential tax benefits. Key upgrades include copper plumbing, updated electrical, fresh exterior paint, and no soft-story retrofit required. Each unit is individually metered for gas and electricity.
Four of the six tenants are long-term, stable residents, all on month-to-month leases, allowing rental upside under AB 1482 (max increase: 5% + CPI/year).
Outstanding Location.
Minutes from Old Town Pasadena, Lake Avenue, Pasadena City College, and Colorado Blvd. Walk to shops, cafes, museums, and entertainment. Strong local demographics with an average household income of $103,130 within 1 mile. Easy freeway access (210, 110, 134) enables quick commutes to Downtown LA, Glendale, and Burbank.
Investor Peace of Mind – Attractive All-Cash Price.
Offered at an attractive all-cash price for a quick, hassle-free sale—a rare opportunity where the seller’s loss is the buyer’s gain. This turnkey investment boasts stable cash flow, low maintenance, and future rent growth potential, providing investors with peace of mind and consistent income from day one.
Rare opportunity to own a 6-unit, single-story bungalow-style apartment property in the heart of Pasadena, just a block from the historic Bungalow Heaven district. Situated on a large ±16,466 SF R3 lot, this well-maintained asset includes five freestanding structures totaling ±5,230 SF of living space.
Each of the six units is a spacious 2-bedroom, 1-bathroom (~870 SF) with excellent layouts and vintage charm. Features include:
Freestanding design – no shared walls.
Washer/dryer room next to kitchen (some with machines).
Beautiful Original hardwood floors, crown molding, wall paneling.
Updated bathrooms with tile floors and modern fixtures.
Kitchens with tile floors, range, exhaust fan, and water line for fridge.
Wall A/C units and ceiling fans to add comfort.
One reserved garage parking space per unit with two garage structures and four carport spaces.
Listed on the National Register of Historic Places, the property offers potential tax benefits. Key upgrades include copper plumbing, updated electrical, fresh exterior paint, and no soft-story retrofit required. Each unit is individually metered for gas and electricity.
Four of the six tenants are long-term, stable residents, all on month-to-month leases, allowing rental upside under AB 1482 (max increase: 5% + CPI/year).
Outstanding Location.
Minutes from Old Town Pasadena, Lake Avenue, Pasadena City College, and Colorado Blvd. Walk to shops, cafes, museums, and entertainment. Strong local demographics with an average household income of $103,130 within 1 mile. Easy freeway access (210, 110, 134) enables quick commutes to Downtown LA, Glendale, and Burbank.
Investor Peace of Mind – Attractive All-Cash Price.
Offered at an attractive all-cash price for a quick, hassle-free sale—a rare opportunity where the seller’s loss is the buyer’s gain. This turnkey investment boasts stable cash flow, low maintenance, and future rent growth potential, providing investors with peace of mind and consistent income from day one.
Property Details
Price:
$2,589,000
MLS #:
CV25177122
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
699notdefined
Listed Date:
Dec 1, 2025
Total Sq Ft:
5,230
Lot Size:
16,511 sqft / 0.38 acres (approx)
Year Built:
1927
See this Listing
Schools
Interior
Cooling
WW
Heating
CF
Laundry Features
IR
Exterior
Community Features
SDW
Parking Spots
6
Financial
Map
Community
- Address638 N Mar Vista AV Lot 16 Pasadena CA
- CityPasadena
- CountyLos Angeles
- Zip Code91106
Market Summary
Current real estate data for Single Family in Pasadena as of Dec 06, 2025
137
Single Family Listed
60
Avg DOM
534
Avg $ / SqFt
$1,716,979
Avg List Price
Property Summary
- 638 N Mar Vista AV Lot 16 Pasadena CA is a Single Family for sale in Pasadena, CA, 91106. It is listed for $2,589,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1927. The average price per square foot for Single Family listings in Pasadena is $534. The average listing price for Single Family in Pasadena is $1,716,979.
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Courtesy of RE/MAX CHAMPIONS. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.638 N Mar Vista AV Lot 16
Pasadena, CA