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41 Eastern Avenue

Pasadena, CA 91107
  • $2,689,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: 25503739
UPDATED: 9 min ago
$2,689,000
  • 9
    BEDS
  • 0.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,401
    SQFT
  • $611
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Listing Agent(s): Eleni Athanasiadi Siafaris of Berkshire Hathaway HomeServices California Properties (310-777-7800)


Description

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!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-17T07:27:38.453. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/160894068
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41 Eastern Avenue Pasadena, CA 91107

  • Price: $2,689,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 9 min ago
  • ID#: 25503739
9
Beds
0
Baths
0
½ Baths
0.39
Acres
4,401
SQFT
$611
$/SQFT
1940
Built
Neighborhood:
648 - Pasadena (SE)
County:
Los Angeles
Area:
648 - Pasadena (SE)
Property Description
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!
Exterior Features

Attached Garage YN No Direction Faces East Number Of Separate Electric Meters 4 Open Parking Spaces 4 Parking Features AssignedDriveway Parking Total 8 Roof ShingleWood View YN Yes

Interior Features

Appliances OvenRefrigerator Cooling Central Air Cooling YN Yes Fireplace Features Den Fireplace YN Yes Heating Central Heating YN Yes

Property Features

Association YN No Cap Rate 3.8 Gross Income 114624 Laundry Features Common AreaOutside Levels One Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 102484 New Construction YN No Number Of Units Leased 4 Possession Close Of Escrow Senior Community YN No Special Listing Conditions Standard Zoning PSR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-17T07:27:38.453. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Eleni Athanasiadi Siafaris of Berkshire Hathaway HomeServices California Properties (310-777-7800)