1299 E Green Street, Pasadena, CA 91106

Pasadena
Local realty services provided by:ERA Excel Realty
1299 E Green Street,Pasadena, CA 91106
$25,000,000
  • - Beds
  • 91 Baths
  • 62,683 sq. ft.
  • Multi-family
  • Active
Listed by: lee johnson
Office: berkshire hathaway homeservices california properties310-829-0629
MLS#:26865683
Source:CRMLS

Price summary

  • Price:$25,000,000
  • Price per sq. ft.:$398.83

About this home

Green Street Apartments presents a rare value-add investment opportunity in Pasadena, comprising 90 residential units and approximately 1,500 square feet of street-front retail. The property features structured parking, a swimming pool, fitness center and resident amenities while generating established in-place cash flow. The residential units are subject to affordability requirements. Current ownership is renovating units and achieving approximately $200 per month in additional rent within applicable regulatory limits, demonstrating further upside through continued unit renovations, modernization of common areas, ancillary revenue growth and operating efficiencies. Danbi Coffee, a beloved specialty cafe known for its minimalist design, curated coffee program, and serene atmosphere. With several locations across Southern California, Danbi Coffee brings a refined and welcoming presence to the neighborhood, serving as a community gathering spot and enhancing the property's cultural and...

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Home facts

  • Year built:2009
  • Listing ID #:26865683
  • Added:4 day(s) ago
  • Updated:August 11, 2026 at 11:09 AM

Rooms and interior

  • Total bathrooms:91
  • Kitchen Description:Disposal, Microwave, Refrigerator
  • Living area:62,683 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Year built:2009
  • Building area:62,683 sq. ft.
  • Lot area:0.59 Acres

Finances and disclosures

  • Price:$25,000,000
  • Price per sq. ft.:$398.83

Features and amenities

  • Appliances:Disposal
  • Pool features:Community

Parking

  • Total parking spaces:56
  • Parking description:Side By Side, Underground
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