1124 Cordova St, Pasadena, CA 91106
1124 Cordova St, Pasadena, CA 91106
1124 Cordova St, Pasadena, CA 91106
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$2,195,000
Est. payment /mo
8 Beds
6 Baths
4,407 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,407 sqft

Price per Sqft $498

MLS Listing ID 26942719

Style Cape Cod

Bedrooms 8

Lot Size 8,265 Sqft

Acres 0.1897

Property Sub-Type Multi-Family

Property Description

Excellent opportunity to acquire a well-maintained 6-unit multifamily property in a highly desirable Pasadena located in between S. Lake Ave, Caltech and PCC. The property offers an attractive unit mix consisting of two 2-bedroom/1-bath units, three 1-bedroom/1-bath units, and one oversized 1-bedroom/1-bath unit. The property has benefited from numerous significant capital improvements, including brand new roofs in 2026, copper plumbing, some updated windows, recently painted and many interior updates and remodels providing a new owner with a well-maintained asset where many major building components have already been addressed. The location is a standout feature. Situated less than a mile to prime South Lake Avenue corridor, Erewhon market and many dining and shopping options. Even closer are Caltech and Pasadena City College, two of Pasadena's most prominent educational institutions and major employment and housing-demand drivers. With only six units, a strong and desirable unit mix, substantial building improvements, and an excellent Pasadena location, this property represents a compelling opportunity for an investor seeking a very predictable multifamily asset with strong long-term rental demand and appreciation potential in one of Southern California's most desirable rental markets. PLEASE DO NOT DISTURB ANY TENANTS OR WALK AROUND THE PROPERTY

Location

State CA

County Los Angeles

Area Pasadena Se

Zoning PSR4

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s), Window Unit(s)

Equipment Microwave, Range/Oven

Exterior

Parking Features Uncovered, Driveway - Concrete

Building

Story 2

Architectural Style Cape Cod

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Realty Investment Advisors, Inc.

NEARBY SCHOOL & BUSINESS

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John Matukas

John Matukas

+1(323) 377-4961

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Dedicated to Your outcome

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