Pasadena, CA 91101 420 S Euclid Avenue

Pending
420 S Euclid Avenue Pasadena, CA - Image 1420 S Euclid Avenue Pasadena, CA - Image 2420 S Euclid Avenue Pasadena, CA - Image 3
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420 S Euclid Avenue Pasadena, CA - Image 4420 S Euclid Avenue Pasadena, CA - Image 5420 S Euclid Avenue Pasadena, CA - Image 6
Presented By: Kristopher German with RE/MAX 2000 REALTY; 909-645-0443
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# CV25112179
  • 05/20/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 10
  • Baths • 7
  • SQFT • 6,133
  • Garage • 5

Home Details

**Pride of Ownership in Prime Pasadena!** We are pleased to present this charming 7-unit cottage-style multi-family asset offering both stability and upside in one of Pasadena’s most desirable and walkable rental corridors. Situated on a lushly landscaped 19,492 sq. ft. lot with garden walkways and tranquil outdoor space, the property features a rare unit mix of (3) 2-Bedroom/1-Bath & (4) 1-Bedroom/1-Bath detached cottages totaling 6,133 rentable sq. ft. each offering tenants a private, home-like feel. Tenants enjoy onsite garage parking, a dedicated laundry facility, and convenience to nearby top-tier amenities. Located directly across from Mayfield Junior School and just minutes from Caltech, Pasadena City College, and the shops and dining of Old Pasadena, this location supports consistent demand and long-term tenant retention. The property has been thoughtfully upgraded with copper plumbing, modern electrical panels, newer roofs, and is separately metered for gas and electricity, ensuring operational efficiency for the next owner. With proven in-place income, strong tenant retention, and pride of ownership throughout, this asset is ideal for investors seeking a turn-key opportunity in a high-demand Pasadena submarket. (For those looking to scale, this property can also be purchased with the adjacent 6-unit multi-family property at 434 S. Euclid Ave., creating a rare opportunity to own a 13-unit portfolio in one of Pasadena’s strongest rental corridors. Development potential may exist as well given the combined lot sizes.)
Presented By: Kristopher German with RE/MAX 2000 REALTY; 909-645-0443

Interior Features for 420 S Euclid Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Interior AmenitiesAllBedroomsDown
Laundry FeaturesLaundryRoom
Total Stories1

Other Rooms

Entry Level1

General for 420 S Euclid Avenue

AccessibilityNone
Additional Parcels Y/NNo
Architectural StyleCottage
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces2.0
Carport Y/NYes
CityPasadena
Community FeaturesCurbs, StreetLights, Sidewalks
CoolingWallWindowUnits
CountyLos Angeles
Current FinancingNone
DirectionsJust South of Del Mar Blvd. West of Lake Ave
Electric Expense1019.0
Electric On Property Y/NNo
Entry Location1
Garage Spaces5.0
Garage Y/NYes
Gross Income14574.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense6000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCashToNewLoan
Lot Size Square Feet19492.0
Lot Size UnitsSquareFeet
MLS Area647 - Pasadena (SW)
MaintenanceExpense5250.0
MobileHomeRemainsYNNo
Net Operating Income121950.0
New ConstructionNo
Number Of Units Total7
Number of Units Leased7
Operating Expense49146.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories1
Tax Lot007
Taxes$30,112
Tenant PaysElectricity, Gas
Total Actual Rent14574.0
Trash Expense2810.0
UtilitiesElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
ViewNone
Water Sewer Expense2905.0
Year Built1921
Year Built SourceAssessor
ZoningPSR3

Exterior for 420 S Euclid Avenue

Building Area Total6133.0
Crops Included Y/NNo
FencingExcellentCondition
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.4475
Lot Size Area19492.0
Lot Size SourceAssessor
Number of Buildings7
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesCarport, Garage
Private PoolNo
SpaNo
Total Parking7.0
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,750,000
MLS#CV25112179
List Date 05/20/2025
Property Type Pending
Phone 714.742.6515
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