275 N Garfield Avenue, Pasadena, CA 91101
Local realty services provided by:ERA Donahoe Realty
275 N Garfield Avenue,Pasadena, CA 91101
$7,900,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:jae buck
Office:meridian capital realty
MLS#:P1-24031
Source:CRMLS
Price summary
- Price:$7,900,000
About this home
Welcome to 275-285 N Garfield Avenue, a rare multi-parcel investment opportunity nestled in the heart of Pasadena'sprestigious Civic Center District. Spanning two adjacent buildings with a combined total of 35 units, this charming courtyard-style property blends classic Southern California architecture with long-term rental stability. Just steps from Pasadena City Hall, the USC, Pacific Asia Museum, and the Metro Gold Line, this property is a walker's paradise with a 91 Walk Score. Both buildings feature a mixof spacious 1 & 2 bedroom layouts, offering strong in-place cash flow with potential upside through renovation or rent optimization. With high historical occupancy, dedicated parking, andproximity to major employment hubs like Caltech, Kaiser Permanente, and Huntington Hospital, 275-285 N Garfieldrepresents a strategic acquisition in one of Pasadena's most supply-constrained rental markets. Ideal for investors seeking both current income and long-term value appreciation in a prime urban corridor.Multi Family Residential Building, Across 2 APN's2 Level Building20 units in 275 N Garfield Ave19 units 285 N Garfield Ave275 N Garfield Ave 10,331 Sq Ft Living Area285 N Garfield Ave 9,702 Sq Ft Living AreaTotal Living Area Size Across 2 Parcels 20,033 sq ft275 N Garfield Ave 12,266 Sq Ft Lot285 N Garfield Ave 12,748 Sq Ft LotTotal Lot Size Across 2 Parcels 25,014 sq ft26 Combined Surface ParkingBuilt in 1950 & 1955Ideally Situated Near Old Town Pasadena, The PasadenaCourthouse & Central Library, Paseo Colorado and ConvenientAccess to the Major Transportation Routes On Colorado Boulevard and So Much More
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Home facts
- Year built:1955
- Listing ID #:P1-24031
- Added:1 day(s) ago
- Updated:September 10, 2025 at 03:25 AM
Heating and cooling
- Cooling:Electric, Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1955
- Lot area:0.57 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$7,900,000
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