121 S Chester Avenue, Pasadena, CA 91106
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
121 S Chester Avenue,Pasadena, CA 91106
$3,100,000
- 5 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: kevin lutz, kevin hurley
Office: keller williams realty/pasadena
MLS#:WS24091810
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,100,000
About this home
Situated in the heart of Pasadena, CA, this 12-unit apartment building presents a value-add opportunity, for a patient investor, in one of the most sought-after locations in the city. Boasting a Walk Score of 93, you are near by Cal Tech, Pasadena City College and The Shops on Lake. Built in 1960, this two-story walk-up building is being marketed for the first time in over 40 years. Comprising a mix of 4 one-bedroom/one-bathroom units and 8 two-bedroom/one-and-three-quarter-bathroom units, this property caters to a diverse range of tenants. Each unit features a balcony or patio (except for unit #1, which is the largest 1-bedroom unit), gas forced air heating, and wall air conditioning units. The kitchens are equipped with gas stoves and ovens, tiled countertops and tiled or linoleum floors, while the bathrooms have tiled or linoleum floors and vanities. Living rooms and bedrooms are carpeted. Although interiors have not been upgraded, there is immense potential for renovation and value enhancement. The property is individually metered for gas and electric, with the owner paying for hot water, gardening, trash, and common area electricity. Two 75-gallon hot water heaters serve the building, ensuring ample hot water supply for residents. Parking is provided with 17 tuck-under spaces located below the building; seismic retrofit will need to be done. Additionally, there is space available for a laundry room, offering an opportunity for added convenience and income generation....
Contact an agent
Home facts
- Listing ID #:WS24091810
- Added:681 day(s) ago
- Updated:March 20, 2026 at 07:32 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
Heating and cooling
- Cooling:Wall/Window
- Heating:Forced Air Unit
Finances and disclosures
- Price:$3,100,000
New listings near 121 S Chester Avenue
- Open Sat, 1 to 4pmNew
$1,375,888Active3 beds 2 baths1,395 sq. ft.1660 Wagner St, Pasadena, CA 91106
MLS# CV26050107Listed by: THE R.R. NETWORK - New
$1,799,910Active3 beds 4 baths1,863 sq. ft.2995 Del Mar, Pasadena, CA 91107
MLS# IV26049217Listed by: CAMDEN MCKAY REALTY - New
$799,000Active2 beds 2 baths1,510 sq. ft.395 Cliff Drive #105, Pasadena, CA 91107
MLS# AR26060368Listed by: RE/MAX PREMIER PROPERTIES - New
$1,428,000Active3 beds 2 baths1,503 sq. ft.1140 Daveric, Pasadena, CA 91107
MLS# AR26060293Listed by: COMPASS - Open Fri, 5 to 7:30pmNew
$1,049,900Active2 beds 3 baths1,562 sq. ft.2902 Butter Creek, Pasadena, CA 91107
MLS# CV26059090Listed by: JOHNHART CORP - New
$4,899,000Active3 beds 3 baths3,056 sq. ft.1030 San Rafael Ln, Pasadena, CA 91105
MLS# IG26055191Listed by: RE/MAX BIG BEAR - New
$668,800Active3 beds 2 baths1,120 sq. ft.1348 E Orange Grove #8, Pasadena, CA 91104
MLS# AR26056695Listed by: CENTURY 21 VILLAGE REALTY - New
$989,000Active2 beds 2 baths1,190 sq. ft.491 E Penn Street, Pasadena, CA 91104
MLS# CL26663099Listed by: COLDWELL BANKER REALTY - New
$548,800Active2 beds 1 baths948 sq. ft.2386 Del Mar Boulevard #301, Pasadena, CA 91107
MLS# P1-26321Listed by: COMPASS - New
$1,895,000Active5 beds 3 baths2,905 sq. ft.1614 Las Lunas Street, Pasadena, CA 91106
MLS# P1-26324Listed by: COMPASS