415 S El Molino, Pasadena, CA 91101
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
415 S El Molino,Pasadena, CA 91101
$4,290,000
- - Beds
- - Baths
- 12 sq. ft.
- Multi-family
- Active
Listed by: x f shirley h. lam
Office: irn realty626-447-5100
MLS#:WS26158276
Source:CRMLS
Price summary
- Price:$4,290,000
- Price per sq. ft.:$357,500
About this home
Rare 12 Unit multi-family asset near the prestigious Pasadena 's Madison Heights neighborhood . the lucrative R-3 multi -family zoning property offers significant density / expansion potential . Featuring classic architectural charter with clear CapEx upside. this offering is an exceptional opportunity to with immediate rental upside , significant long term development , allow for the addition of high -yield income elements such ADUs making it perfect for maximizing site density . Property situated in or near the highly coveted Prime location , known for its leafy walkable streets , historic architecture , and proximity to major employment hubs like Whole food , Huntington hospital, Jet Propulsion Lab. Old town and Metro gold line. , steps from Art-center and Caltech . Value add & Capex upside. The property likely features "vintage or original 1920s -1950s charm that .Rare 12 Unit multi-family asset near the prestigious Pasadena 's Madison Heights neighborhood . the lucrative R-3 multi -family zoning property offers significant density and expansion potential . Featuring classic architectural charter with clear CapEx upside. this offering is an exceptional opportunity to with immediate rental upside, significant long term development , allow for the addition of high -yield income elements such ADUs making it perfect for maximizing site density . Property situated in or near the highly coveted Prime location , known for its leafy walkable streets , historic architecture , and proximity to major employment hubs like Whole food , Huntington hospital, Jet Propulsion Lab. Old town and Metro gold line. , steps from Art-center and Caltech . Value add & Capex upside. The property likely features "vintage or original 1920s -1950s charm that is ripe for Capex modernization ( complete tear-off / installation of a new roofing system. Full exterior repainting . Replacing of all the aging water heaters. A interior renovation across 7 units .This charming 3 -building complex features A 1924 timeless charm structure (1924sqt 2BD/1BA and 1BD/1BA) accompanied by two additional buildings / built in 1955 (8407 sqt 3 x 2BD/1BA and 7x 1BD/1BA). This staggered construction creates a property / unique character / diverse unit layouts. Ground -floor layouts expand the living space outdoors with expansive , fully enclosed private yards to give residents dedicated open air extensions of their homes. 3 units (upstairs) shared open -air common breezeway ....
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Home facts
- Year built:1955
- Listing ID #:WS26158276
- Added:9 day(s) ago
- Updated:August 06, 2026 at 10:36 AM
Rooms and interior
- Living area:12 sq. ft.
Structure and exterior
- Year built:1955
- Building area:12 sq. ft.
- Lot area:0.46 Acres
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,290,000
- Price per sq. ft.:$357,500
Parking
- Total parking spaces:15
- Parking description:15 Carport Space(s)
- Carport spaces:15
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