1156 Steuben Street, Pasadena, CA 91106

Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1156 Steuben Street,Pasadena, CA 91106
$1,000,000
  • 0.16 Acres
  • Lots / Land
  • Active
Listed by: enrique lizarazu6266391683
Office: compass
MLS#:PF25150795
Source:CAREIL

Price summary

  • Price:$1,000,000

About this home

Unique investment opportunity in the heart of Pasadena—perfectly situated within walking distance to Colorado Boulevard, Pasadena City College, and Caltech. This property, zoned RM48, offers significant development potential in one of the most desirable and transit-accessible neighborhoods in the city. While the tax records show the property as a duplex, it is currently operating with five income-generating units. With an attractive Gross Rent Multiplier and Cap Rate, this asset allows you to collect income immediately while submitting plans for new construction or redevelopment. Offers are due 7/30/2025 at 6:00 pm

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Home facts

  • Listing ID #:PF25150795
  • Added:118 day(s) ago
  • Updated:November 02, 2025 at 05:24 PM

Structure and exterior

  • Lot area:0.16 Acres

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,000,000
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