Pasadena, CA 91107 41 Eastern Avenue

41 Eastern Avenue Pasadena, CA - Image 141 Eastern Avenue Pasadena, CA - Image 241 Eastern Avenue Pasadena, CA - Image 3
1 more
41 Eastern Avenue Pasadena, CA - Image 441 Eastern Avenue Pasadena, CA - Image 5
Presented By: Eleni Athanasiadi Siafaris with Berkshire Hathaway HomeServices California Properties;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25503739
  • 02/27/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 9
  • Baths • 5
  • SQFT • 4,401

Home Details

Nestled in the heart of Pasadena, this expansive 17,000 sq. ft. lot offers an incredible investment and development opportunity. Currently, the property features four income-generating units, providing immediate rental revenue while you plan its future potential. With its generous size, desirable location, and flexible possibilities, this lot is ideal for redevelopment into luxury residences, a multi-unit complex, or a custom estate. Surrounded by Pasadena's charming neighborhoods, tree-lined streets, and vibrant community, the property is conveniently located near top-rated schools, shopping, dining, and major freeways. Whether you're looking to expand your investment portfolio or embark on a stunning new development, this rare Pasadena gem presents endless possibilities. Don't miss this exceptional opportunity!
Presented By: Eleni Athanasiadi Siafaris with Berkshire Hathaway HomeServices California Properties;

Interior Features for 41 Eastern Avenue

Bedrooms

Total Bedrooms9

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths5

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace FeaturesDen
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesCommonArea, Outside
Total Stories

General for 41 Eastern Avenue

Additional Parcels Y/NNo
AppliancesOven, Refrigerator
Attached Garage No
Cap Rate3.8
Carport Y/NNo
CityPasadena
CoolingCentralAir
CountyLos Angeles
DirectionsTake Colorado blvd. and head East, after crossing San Gabriel, make a right on Eastern Ave.
Electric On Property Y/NNo
Facing DirectionEast
Full Baths
Garage Y/NNo
Gross Income114624.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet16993.0
Lot Size UnitsSquareFeet
MLS Area648 - Pasadena (SE)
MobileHomeRemainsYNNo
Net Operating Income102484.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Occupancy TypeTenant
Open Parking Spaces4.0
PossessionCloseOfEscrow
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
RoofShingle, Wood
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Waterfront Y/NNo
Year Built1940
ZoningPSR3

Exterior for 41 Eastern Avenue

Building Area Total4401.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.3901
Lot Size Area16993.0
Number of Buildings4
Number of Separate Electric Meters4
Open Parking Y/NNo
Parking FeaturesAssigned, Driveway
Private PoolNo
SpaNo
Total Parking8.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,499,000
MLS#25503739
List Date 02/27/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
Visit My Website

Similar Properties to 41 Eastern Avenue

Compare listings

Compare