276 S Sierra Madre Boulevard, Pasadena, CA 91107
Local realty services provided by:ERA Excel Realty
276 S Sierra Madre Boulevard,Pasadena, CA 91107
$5,875,000
- 4 Beds
- 22 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: alexander metaxas, benjamin j. hsiang
Office: realty investment advisors, inc.
MLS#:25626927
Source:CRMLS
Price summary
- Price:$5,875,000
About this home
TURN-KEY, FULLY UPDATED PROPERTY!! Rare offering of 22 units, meticulously maintained, South of Del Mar Blvd. at $267K per unit and 5.34% Cap Rate,....Pride of Ownership just north of San Marino border. The property features UPDATED WINDOWS, ELECTRICAL, & PLUMBING SYSTEMS; REMODELED INTERIORS, Newer roof, refreshed landscaping, and secured on-site gated parking, offering a low-maintenance profile for investors seeking a streamlined, predictable operation. Thoughtful improvements enhance tenant appeal while reducing future capital expenditures. Master metered for electricity, gas and water, making this a perfect candidate to pass-thru utility expenses, trimming expenses and improving cash flow! The unit mix includes 4 spacious 1-bed + 1-bath units and 18 well-designed singles, totaling approximately 8,884 SF (per appraiser) of building area on a 14,600 SF lot. With highly functional layouts and modern finishes throughout, the building boasts units that are always in demand and stands out as an exceptionally pride-of-ownership asset in a supply-constrained submarket.
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Home facts
- Year built:1956
- Listing ID #:25626927
- Added:13 day(s) ago
- Updated:December 19, 2025 at 02:27 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:22
Heating and cooling
- Cooling:Electric, Heat Pump, Wall Window Units
- Heating:Heat Pump
Structure and exterior
- Year built:1956
- Lot area:0.35 Acres
Finances and disclosures
- Price:$5,875,000
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