1156 Steuben, Pasadena, CA 91106

Local realty services provided by:ERA North Orange County Real Estate
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1156 Steuben,Pasadena, CA 91106
$1,025,000
  • 0 Acres
  • Lots / Land
  • Active
Listed by:enrique lizarazu
Office:compass
MLS#:PF25150795
Source:SANDICOR

Price summary

  • Price:$1,025,000

About this home

Unique investment opportunity in the heart of Pasadenaperfectly situated within walking distance to Colorado Boulevard, Pasadena City College, and Caltech. This property, zoned RM48, offers significant development potential in one of the most desirable and transit-accessible neighborhoods in the city. While the tax records show the property as a duplex, it is currently operating with five income-generating units. With an attractive Gross Rent Multiplier and Cap Rate, this asset allows you to collect income immediately while submitting plans for new construction or redevelopment. Offers are due 7/30/2025 at 6:00 pm

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Home facts

  • Listing Id #:PF25150795
  • Added:22 day(s) ago
  • Updated:August 17, 2025 at 02:02 PM

Finances and disclosures

  • Price:$1,025,000
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