San Gabriel Valley Real Estate Search

Pasadena Investment Properties

You don't have to treat a house only as a place to live.  It can also be used as an investment that will supplement your income.  The city of Pasadena offers a wide range of selections if you're interested in purchasing property as an investment.

Not all investment properties are the same, however. Financial pundits often advise buyers of investment properties - especially first-time buyers - to carefully determine what type of property fits their strategies. Not sure? Let our team help you to make that decision on what kind of unit - single family, condo, duplex, multi-unit, commercial - best reflects your situation and interests. In an unpredictable stock market, investment in real estate may offer a welcome alternative to volatile portfolios. Pasadena investment properties for sale.

Latest Investment Properties

526 N Madison, Pasadena
$1,550,000
AR26225618 MLS ⋅ Active Status
4 Single-story Bungalow Court near Old Town Pasadena, delivered with a Fully Renovated Vacant 2-Bedroom Unit, Large ±13k SF Lot, and 4-ADU Upside Potential. Can be purchased together with 542 N Madison (3 units). 526-532 N Madison Ave, a 4-unit Single-story Bungalow Court in the City of Pasadena. Situated only several blocks north of Old Town Pasadena, it is on a quiet residential street surrounded by single family houses. The property offers a highly desirable bungalow single-story layout (no adjoining walls) providing tenants with single family residential feel. It has a lush center courtyard/walkway providing serene atmosphere for the tenants. This superb value offering provides a rare opportunity for owner/user or first-time apartment investor as the largest unit/bungalow has been recently upgraded and can be delivered vacant. This property can be acquired together with 542 N Madison and was part of Madison Park Portfolio (6 total properties – 4 have been sold). The unit mix is one (1) x 2bedroom+1bathroom (owner’s unit) and three (3) 1bedroom+1bathroom units, which makes it very easy to rent and manage. The property was built in 1940, has a total of ±3,326 SF building size (Average unit size is 830SF/unit) and is situated on a large ±13,185 SF lot. Owner has spared no expense in relocating the previous tenant and then fully upgrades this owner’s unit into a modern standard. This recently upgraded unit has brand new flooring throughout, fully upgraded kitchen with shaker cabinets, fully upgraded bathroom, and led lighting throughout. Each unit is charming with original hardwood flooring, ceiling fans, plenty of built in cabinets, tiled kitchen and bathroom, and in-unit laundry hookups. The front 1 bedroom unit #532 was recently leased for $2450/month. Besides the owner’s unit (#526), two additional units (532 and #530) have been upgraded with brand new kitchen and updated bathroom. Parking is provided via detached 3 car garages and 3 open space in the back. Each unit has individual water heaters and separately metered for electricity and gas. Each unit has its own laundry hookups.

526 N Madison, Pasadena
262 E Mountain Street, Pasadena
$1,500,000
GD26224613 MLS ⋅ Active Status
Wonderful 5 units for sale for great price. Please don’t wait and grab this chance. Front house is 3+2 about 1400 sf. single family home and 4 units(1+1 on each unit) facing to another street Worcester Ave. Total living space of 5units is 3862sf with 8739 sf lot. Built in 1960. All the units are in good condition. The 4 units are occupied and 1 unit is being rented. New roof just installed a year ago and lots of updates. 5 parking space under car port and 1 off-street parking. Close to 210 Freeway, downtown Pasadena and Rosebowl , Pasadena City College, Caltech, and JPL. Exceptional value and will not last long.

262 E Mountain Street, Pasadena
1670 N Oxford Avenue N, Pasadena
$2,000,000
6 Beds ⋅ 4 Baths ⋅ GD26219806 MLS ⋅ Active Status
Welcome to 1670 & 1672 N Oxford Ave and 1660 Oakwood St, located in sought-after Northeast (Unincorporated) Pasadena. This exceptional multi-unit property offers outstanding versatility and income potential. The property features a fully remodeled main residence with 3 bedrooms and 2 bathrooms, along with two accessory dwelling units (ADUs): ADU #1: 2 bedrooms, 1 bathroom — new construction completed in 2024 ADU #2: 1 bedroom, 1 bathroom The entire property has undergone a comprehensive renovation, including a new roof, updated electrical, plumbing, HVAC systems, and more—providing peace of mind and long-term value. Each unit is equipped with separate gas and electric meters, while the water meter is shared. Enjoy ample unrestricted street parking and low-maintenance concrete landscaping throughout the property. Currently, two units are tenant-occupied with leases in place through November 2026, while one unit is owner-occupied, making this an ideal opportunity for both investors and owner-users.

1670 N Oxford Avenue N, Pasadena
636 640 N Wilson Avenue, Pasadena
$1,695,000
P1-29210 MLS ⋅ Active Status
Welcome to 636 N Wilson Ave, a beautifully updated three-unit property in one of the Pasadena's most desirable and convenient neighborhoods.The front unit is essentially brand new. This 2-bedroom, 2-bathroom residence completed a fully permitted remodel in 2024. With more than $300,000.00 invested.New electrical, new plumbing, new A/C units, new roof, new windows and doors and all new kitchen and bathrooms.New owner can skip the costly, disruptive projects that usually come with a 1924 building. The two back units have also been fully updated. Each unit has its own laundry area. A private side driveway (completely new finished in 2024) leads to the rear units and the garage on a generous 8,324 sq ft lot.The property sits on a quiet residential street, PCC and Caltech are all a short drive away, along with Old Pasadena, Playhouse Village and Rose Bowl area.Buyer and buyer's agent is advised to have independently verify the accuracy of all information and with professionals inspection. Buyer is also to verify the leasing regulations with the City of PasadenaAll 3 units are month to month lease.

636 640 N Wilson Avenue, Pasadena
148 N Mar Vista Avenue, Pasadena
$4,100,000
CV26220279 MLS ⋅ Active Status
We are pleased to present the unique opportunity to acquire 148 N Mar Vista Avenue, five individually-parceled condos, in the highly coveted city of Pasadena. Situated on a meticulously landscaped ±8,682 square foot lot with a total building area of ±7,450 square feet, the property was built in 2009 and offers relatively low maintenance, making it highly attractive to long-term investors and buyers seeking the flexibility to sell each unit individually. The five-unit asset sits south of Interstate 210 and a few blocks from Colorado Boulevard, offering convenient access to grocery stores, pharmacies, restaurants, and specialty retail, including Target, Apple Store, Vroman’s Bookstore, and Urth Café. Mar Vista Avenue features a unit mix of one 3-bedroom/3-bathroom and four 3-bedroom/3.5-bathroom two-story, townhouse-style residences, with a generous average unit size of ±1,496 square feet. Built in 2009, the community is meticulously maintained and offers a well-appointed amenity package designed for comfort and convenience. Interior features include open-concept kitchens with stainless steel appliances and granite countertops, in-unit stackable washers and dryers, primary suites with double vanities, and spacious private patios and balconies. The community provides residents with a gated entry, a courtyard with seating area, lush landscaping, a subterranean parking garage, an elevator, two stairwells, and ample street parking. The property’s location is a significant driver of value, situated within walking distance to Pasadena City College and near Lake Metro Rail Station on the Metro A Line, with direct light rail service to Downtown Los Angeles. Residents are just minutes from the Pasadena Playhouse District, Old Pasadena, The Shops on Lake Avenue, and Paseo Colorado, with easy access to the 210, 134, 110, 2, and 5 Freeways. Within 20 miles are the Huntington Library, Rose Bowl, Dodger Stadium, Santa Anita Park, Griffith Observatory, Los Angeles Zoo, Hollywood Bowl, and Universal Studios, offering a unique blend of urban accessibility and recreation. 148 N Mar Vista Avenue is a stable, newly built asset in Pasadena’s high-demand submarket. Whether for a 1031 Exchange buyer, a first-time investor, or a seasoned investor, this offering of five prime condos provides long-term stability and significant growth potential underpinned by strong economic and demographic fundamentals.

148 N Mar Vista Avenue, Pasadena
1222 E Orange Grove, Pasadena
$2,500,000
SR26212134 MLS ⋅ Active Under Contract Status
Excellent multifamily investment opportunity featuring a 14-unit apartment building in Pasadena. Offering long-term upside, this property presents an attractive opportunity for investors looking to expand their Southern California portfolio. One unit will be delivered vacant at closing, providing the new owner with the opportunity to renovate, reposition, or lease the unit at current market rent, subject to applicable regulations. The remaining units provide an established rental income stream from day one. Conveniently located near shopping, dining, transportation, and the many amenities Pasadena has to offer, the property benefits from its desirable location and access to major employment and entertainment centers throughout the San Gabriel Valley and greater Los Angeles area. With 14 units, existing rental income, and one unit delivered vacant, this property offers a compelling combination of immediate cash flow and future value-add potential for a multifamily investor.

1222 E Orange Grove, Pasadena
435 N Euclid, Pasadena
$13,500,000
AR26218872 MLS ⋅ Active Status
37 Units TURNKEY Next to Old Pasadena | 6.00% Cap (Self-Managed) | Ideal 1031 Exchange with 100% Upgraded Interiors & Exteriors, and 7 New ADUs | Fully Sprinklered + Brand New Electrical Panels & Subpanels, and more. 435 N Euclid Ave, an exceptional 37-unit turnkey apartment community located just blocks from historic Old Pasadena. Offering an attractive going Cap Rate of 6.00% (under a self-managed scenario) alongside future rental upside, this asset is the premier acquisition for investors seeking immediate stability and zero deferred maintenance. The comprehensive 2022–2026 renovation introduced 7 brand-new ADUs to the site, bringing the property to an impressive ±25,536 square feet of building space on a large 23,268 square-foot R3-zoned lot. Surrounded by stellar demographics featuring over $126,000 in average household income within a one-mile radius, this asset commands premium rents in one of Southern California's strongest submarkets, and offers easy access to all amenities City of Pasadena has to offer. Originally built in 1965, the two-story Mid-Century Modern building has been meticulously modernized while retaining its distinctive architectural charm and welcoming center courtyard. The highly desirable unit mix consists of nine (9) 2-bedroom/2-bathroom, two (2) 2-bedroom/1-bathroom, twenty-five (25) 1-bedroom/1-bathroom, and one (1) studio unit. Floor plans are exceptionally bright and spacious, featuring large windows and private balconies in most units. Every single interior has been gutted and upgraded to luxury standards, boasting new quartz kitchens with dishwashers, designer bathrooms, vinyl plank flooring, in-unit laundry, and individual mini-split HVAC systems in every room. Operationally, the building’s heavy lifting is completely finished. The property features fully sprinklered units, upgraded electrical panels and subpanels, and separate meters for electricity and gas. Access is tightly controlled via a secured entrance, electronic RFI unit locks, and a gated parking lot providing 38 total spaces. The building is serviced by master water heaters, has ADA ramp, and has a total of 38 parking spaces (11 are tandem on the side). Situated on a quiet, mature, tree-lined street, tenants are minutes from the Metro Gold Line and the world-class shopping and dining corridors of Colorado Boulevard and Lake Avenue. Near Pasadena’s historic City Hall, it sits just minutes from the California Institute of Technology, PCC, and FWYS.

435 N Euclid, Pasadena
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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