1837 E Colorado Blvd, Pasadena, CA 91107

Local realty services provided by:ERA Donahoe Realty
1837 E Colorado Blvd,Pasadena, CA 91107
$5,100,000
  • - Beds
  • - Baths
  • 9,930 sq. ft.
  • Multi-family
  • Active
Listed by: brett lyon, woody stahl
Office: lyon stahl investment real estate, inc.
MLS#:SB25268547
Source:CRMLS

Price summary

  • Price:$5,100,000
  • Price per sq. ft.:$513.6

About this home

12-unit building (12 legal Studios converted to 1-bed layouts, Total Sq. Ft. 4,608) at 1837 E Colorado Blvd (APN: 5746-017-030, Lot Size 8,997) and an 8-unit building (1 three-bed two-bath and 7 one-bed one-bath units, Total Sq. Ft. 5,322) at 31 N Parkwood Ave (APN: 5746-017-092, Lot Size 10,103). Both properties are being sold together and concurrently as one combined 20-unit portfolio. These well-maintained buildings are located near Pasadena City College with strong current cashflow and consistent renter demand. The Colorado Blvd property features recently renovated units where all studios were converted into functional 1-bed layouts, along with updated interiors and improved efficiency. The Parkwood building offers a balanced mix of larger floorplans and stable tenancy. Both assets share onsite parking, landscaping, and operational efficiency. This 20-unit portfolio provides an excellent opportunity for an investor seeking steady income in a high-demand Pasadena rental corridor.

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Home facts

  • Year built:1923
  • Listing ID #:SB25268547
  • Added:16 day(s) ago
  • Updated:December 19, 2025 at 12:14 PM

Rooms and interior

  • Living area:9,930 sq. ft.

Structure and exterior

  • Year built:1923
  • Building area:9,930 sq. ft.
  • Lot area:0.44 Acres

Utilities

  • Water:Private
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$5,100,000
  • Price per sq. ft.:$513.6
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