276 S Sierra Madre Boulevard, Pasadena, CA 91107

Pasadena
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
276 S Sierra Madre Boulevard,Pasadena, CA 91107
$5,585,000
  • 4 Beds
  • 22 Baths
  • 8,884 sq. ft.
  • Multi-family
  • Active
Listed by: alexander metaxas, benjamin j. hsiang
Office: realty investment advisors, inc.
MLS#:26642065
Source:CRMLS

Price summary

  • Price:$5,585,000
  • Price per sq. ft.:$628.66

About this home

6% CAP RATE, TURN-KEY PROPERTY! We are pleased to present this 22-unit multi-family property that has undergone extensive updating and renovation. A turn-key investment with a 6% Cap Rate, on the south side of Pasadena. Significant capital improvements include updated electrical, plumbing, drain lines, windows, doors and driveway/parking. The unit mix consists of 4 large 1-bed + 1-bath units and 18 Singles/1-bath with full size kitchens. All units have been renovated to include laminate or vinyl flooring, granite countertops, new cabinets, renovated bathrooms, stainless steel appliances and updated heat/AC systems. Tenants enjoy gated parking and a secure on-site laundry room. The property is meticulously maintained and managed by the ownership. Thoughtful and strategic property improvements enhance tenant appeal and rentability as well as reducing near-term capital expenditure exposure. The unit mix offers high rentability and flexibility in a dynamic rental market. ...

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Home facts

  • Year built:1956
  • Listing ID #:26642065
  • Added:101 day(s) ago
  • Updated:May 09, 2026 at 01:23 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:22
  • Kitchen Description:Dishwasher, Microwave, Refrigerator
  • Living area:8,884 sq. ft.

Heating and cooling

  • Heating:Electric, Heat Pump

Structure and exterior

  • Year built:1956
  • Building area:8,884 sq. ft.
  • Lot area:0.34 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$5,585,000
  • Price per sq. ft.:$628.66

Features and amenities

  • Appliances:Dishwasher, Microwave, Refrigerator
  • Amenities:Ceiling Fans

Parking

  • Parking description:Assigned, Concrete Driveway, On Street, Side By Side
Based on information from California Regional Multiple Listing Service, Inc. as of May 9, 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.

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