Property Details
About this Property
20-unit Value-add in South Pasadena (NO LOCAL Rent Control), Walk to Arroyo Seco Golf Course and Mission Street Downtown District, Prime Large R3 Lot with ADU Potential, South Pasadena School District, Exceptional Demographics. A premier 20-unit value-add investment opportunity in the highly coveted city of South Pasadena. Renowned for its high barriers to entry and exceptionally limited multifamily inventory, South Pasadena offers investors a rare chance to acquire a substantial footprint in a top-tier Southern California submarket with No Local Rent Control (under CA AB1482). Strategically located a block from the Arroyo Seco Golf Course and within walking distance to the vibrant Mission Street Downtown District, the property provides tenants with unparalleled access to premium shopping, dining, and community amenities along Mission Street and Fair Oaks Avenue. The surrounding area boasts exceptional demographics, including an average household income exceeding $178,928 within a one-mile radius, and falls within the prestigious South Pasadena Unified School District. Built in 1953, this distinct Mid-Century Modern garden-style community features a well-manicured front lawn and strong curb appeal. The 9,990 SF building rests on an expansive 21,008 SF R3-zoned lot, prese
MLS Listing Information
MLS #
CRAR26054584
MLS Source
California Regional MLS
Days on Site
0
Interior Features
Appliances
Oven Range - Gas
Flooring
Laminate
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Roof
Flat
Foundation
Raised
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Carport, Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 20 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
308 Pasadena is a Residential Income in South Pasadena, CA 91030. This – square foot property sits on a 21,008 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,800,000 and was built in 1953. This address can also be written as 308 Pasadena, South Pasadena, CA 91030.
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This listing information is up-to-date as of March 12, 2026. For the most current information, please contact Handoko Chen
