9
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$6,900,000
Est. payment /mo
0.57 Acres Lot
Active Under Contract
275 North Garfield Avenue Pasadena, CA 91101
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Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID P1-24031
Year Built 1955
Lot Size 0.574 Acres
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Welcome to 275-285 N Garfield Avenue, a rare multi-parcel investment opportunity nestled in the heart of Pasadena's
prestigious Civic Center District. Spanning two adjacent buildings with a combined total of 35 units, this charming courtyard-style property blends classic Southern California architecture with long-
term rental stability. Just steps from Pasadena City Hall, the USC, Pacific Asia Museum, and the Metro Gold Line, this property is a walker's paradise with a 91 Walk Score. Both buildings feature a mix
of spacious 1 & 2 bedroom layouts, offering strong in-place cash flow with potential upside through renovation or rent optimization. With high historical occupancy, dedicated parking, and
proximity to major employment hubs like Caltech, Kaiser Permanente, and Huntington Hospital, 275-285 N Garfield
represents a strategic acquisition in one of Pasadena's most supply-constrained rental markets. Ideal for investors seeking both current income and long-term value appreciation in a prime urban corridor.
Multi Family Residential Building, Across 2 APN's
2 Level Building
20 units in 275 N Garfield Ave
19 units 285 N Garfield Ave
275 N Garfield Ave 10,331 Sq Ft Living Area
285 N Garfield Ave 9,702 Sq Ft Living Area
Total Living Area Size Across 2 Parcels 20,033 sq ft
275 N Garfield Ave 12,266 Sq Ft Lot
285 N Garfield Ave 12,748 Sq Ft Lot
Total Lot Size Across 2 Parcels 25,014 sq ft
26 Combined Surface Parking
Built in 1950 & 1955
Ideally Situated Near Old Town Pasadena, The Pasadena
Courthouse & Central Library, Paseo Colorado and Convenient
Access to the Major Transportation Routes On Colorado Boulevard and So Much More
prestigious Civic Center District. Spanning two adjacent buildings with a combined total of 35 units, this charming courtyard-style property blends classic Southern California architecture with long-
term rental stability. Just steps from Pasadena City Hall, the USC, Pacific Asia Museum, and the Metro Gold Line, this property is a walker's paradise with a 91 Walk Score. Both buildings feature a mix
of spacious 1 & 2 bedroom layouts, offering strong in-place cash flow with potential upside through renovation or rent optimization. With high historical occupancy, dedicated parking, and
proximity to major employment hubs like Caltech, Kaiser Permanente, and Huntington Hospital, 275-285 N Garfield
represents a strategic acquisition in one of Pasadena's most supply-constrained rental markets. Ideal for investors seeking both current income and long-term value appreciation in a prime urban corridor.
Multi Family Residential Building, Across 2 APN's
2 Level Building
20 units in 275 N Garfield Ave
19 units 285 N Garfield Ave
275 N Garfield Ave 10,331 Sq Ft Living Area
285 N Garfield Ave 9,702 Sq Ft Living Area
Total Living Area Size Across 2 Parcels 20,033 sq ft
275 N Garfield Ave 12,266 Sq Ft Lot
285 N Garfield Ave 12,748 Sq Ft Lot
Total Lot Size Across 2 Parcels 25,014 sq ft
26 Combined Surface Parking
Built in 1950 & 1955
Ideally Situated Near Old Town Pasadena, The Pasadena
Courthouse & Central Library, Paseo Colorado and Convenient
Access to the Major Transportation Routes On Colorado Boulevard and So Much More
Location
State CA
County Los Angeles
Area 647 - Pasadena Sw
Interior
Heating Wall Furnace
Fireplaces Type None
Laundry Community
Exterior
Parking Features Assigned
Pool In Ground
Community Features Curbs, Street Lights
View Y/N No
View None
Building
Lot Description Sprinklers
Sewer Public Sewer
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