259 N Euclid Avenue, Pasadena, CA 91101

Pasadena
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
259 N Euclid Avenue,Pasadena, CA 91101
$6,500,000
  • - Beds
  • - Baths
  • 12,780 sq. ft.
  • Multi-family
  • Active
Listed by: handoko chen, robert renshaw
Office: growth investment group pasade
MLS#:AR25196269
Source:CRMLS

Price summary

  • Price:$6,500,000
  • Price per sq. ft.:$508.61

About this home

Prime 23-unit Value-add in heart of Pasadena Civic Center, Walk to Old-Town, High 5.5% ACTUAL CAP Rate w/ Close to 7% Proforma CAP in a Class-A Location, Efficient Unit Mix, High Density Commercial Zoned Lot, Irreplaceable Location with Over 5% Cash-on-Cash Return. a prime value-add multifamily investment opportunity located in one of the best areas in Pasadena. Situated in the Civic Center District and several properties away from the Pasadena Courthouse and City Hall, this property offers a SUPERB and unbeatable location, perfect for a savvy investor as a buy and hold asset. With this combination of a high-quality location and excellent unit mix, the property provides younger professional tenants with most of the attractions the City of Pasadena has to offer. Literally within walking distance to shopping, dining, and transportation, this location has a Walk and Bike Score of 88. The property is being offered for sale at below replacement costs for such a high-quality location

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1955
  • Listing ID #:AR25196269
  • Added:184 day(s) ago
  • Updated:March 01, 2026 at 02:15 PM

Rooms and interior

  • Flooring:Carpet, Vinyl, Wood
  • Kitchen Description:Gas Range, Refrigerator
  • Living area:12,780 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Asphalt
  • Year built:1955
  • Building area:12,780 sq. ft.
  • Lot area:0.27 Acres
  • Lot Features:Lawn, Level with Street, Near Public Transportatn, Rectangular Lot, Street Level, Value In Land
  • Foundation Description:Pillar Post Pier
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$6,500,000
  • Price per sq. ft.:$508.61

Features and amenities

  • Appliances:Gas Range, Refrigerator
  • Laundry features:Common Area
  • Amenities:Double Pane Windows
Based on information from California Regional Multiple Listing Service, Inc. as of March 5, 2026 . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

New listings near 259 N Euclid Avenue