1299 E Green Street, Pasadena, CA 91106
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
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#:26988697
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 commercial appeal.Pasadena itself is a city celebrated for its cultural richness and historic charm. Home to the world-famous Rose Bowl Parade, held every New Year's Day, Pasadena draws thousands to witness the pageantry of elaborate floats and musical performances. Beyond the festivities, Colorado Boulevard serves as a vibrant commercial corridor, lined with boutiques, cafes, and one-of-a-kind shops that reflect the city's eclectic spirit....
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Home facts
- Year built:2009
- Listing ID #:26988697
- Added:15 day(s) ago
- Updated:October 15, 2026 at 10:36 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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