1156 Steuben Street, Pasadena, CA 91106
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1156 Steuben Street,Pasadena, CA 91106
$1,025,000
- 0.16 Acres
- Lots / Land
- Active
Listed by:enrique lizarazu
Office:compass
MLS#:CRPF25150795
Source:CAMAXMLS
Price summary
- Price:$1,025,000
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 #:CRPF25150795
- Added:34 day(s) ago
- Updated:August 14, 2025 at 05:13 PM
Structure and exterior
- Lot area:0.16 Acres
Finances and disclosures
- Price:$1,025,000
Bay East 2025. CCAR 2025 bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at August 14, 2025New listings near 1156 Steuben Street
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