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Berkshire Hathaway HomeServices California Properties

56 N Parkwood, Pasadena, CA 91107

$1,650,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

TONY MA | brokertonyma@gmail.com
Lic#: 01931357
Broker: Courtesy of Compass
Phone: 626-696-4800

Listing Details

Property type: Apartment (Multi-Family)

Property Sub-Type:

Status: Active

Listing ID: WS26168777

Price: $1,650,000

Rental Rate: $1,650,000

Lot Size:

HOA Fee is $0.00

None fireplaces

Built in 1953

1 story

0.19 acres

County: Los Angeles

Parking description: Assigned,On Street

Lot description: Front Yard,Rectangular Lot

Heating/cooling: Wall/Window Unit(s)

Heating description: Wall Furnace

Last Updated: 8/3/2026

Days On Market (DOM): 3

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Lat/Long: 34.147171, -118.111478.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Prime Pasadena Multifamily Investment Opportunity! Located at 56 N. Parkwood Avenue, this five-unit Pasadena multifamily property features an attractive unit mix of 2 (2BD/1BA) units and 3 (1BD/1BA) units. One of the 1-bedroom, 1-bathroom units is currently vacant and available for rent, providing immediate upside potential for investors and owner-users alike. A floor plan and interior photos of the vacant unit are included, allowing prospective buyers to evaluate the layout, condition, and rental potential. Ideally situated near Caltech, Pasadena City College, Huntington Hospital, Old Town Pasadena, and the South Lake Avenue shopping and dining district, the property benefits from strong rental demand and convenient access to major employment centers, public transportation, parks, and entertainment. Whether you're seeking stable cash flow, future rental growth, or a long-term hold in a high-demand market, this Pasadena multifamily property offers an exceptional investment opportunity. With its desirable unit mix, prime location, and immediate leasing opportunity, 56 N. Parkwood Avenue is well-positioned for both current income and long-term appreciation. Don't miss this chance to own a five-unit Pasadena investment property with strong fundamentals and significant upside potential.

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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