CA > Pasadena
Pasadena, CA 91107,1837 E Colorado Blvd
Pasadena, CA 91107,1837 E Colorado Blvd
Pasadena, CA 91107,1837 E Colorado Blvd
Pasadena, CA 91107,1837 E Colorado Blvd
Pasadena, CA 91107,1837 E Colorado Blvd
Pasadena, CA 91107,1837 E Colorado Blvd
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Anomaly Real Estate

Anomaly Real Estate

+1(909) 476-9092
$ 5,100,000
Est. payment | /mo
Save
$ 5,100,000
Est. payment | /mo
Save

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25268547

HOA Y/N No

Year Built 1923

Property Sub-Type Mixed Use

Property Description

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. Pasadena is one of the most recognized and desirable cities in Los Angeles County and is known for its strong rental market, centralized location, public transportation access, employment base, and popular local amenities where tenants can live, work, and play locally.

Location

State CA

County Los Angeles

Area 648 - Pasadena (Se)

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 2.0

Carport Spaces 8

Garage Description 2.0

Pool None

Community Features Biking

Total Parking Spaces 22

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Private

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5746017030

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

CRMLS – RECore
Listed by Brett Lyon Lyon Stahl Investment Real Estate, Inc. 3107801899
Anomaly Real Estate

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(909) 476-9092

info@anomalyre.co

8599 Haven Ave STE 306, Rancho Cucamonga, California, 91730, USA

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1837 E Colorado Blvd