482 S El Molino Avenue, Pasadena, CA 91101

Local realty services provided by:Better Homes and Gardens Real Estate Town Center
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482 S El Molino Avenue,Pasadena, CA 91101
$3,100,000
  • 12 Beds
  • 10 Baths
  • 8,162 sq. ft.
  • Multi-family
  • Active
Listed by:alexander metaxas
Office:realty investment advisors, inc.
MLS#:25560529
Source:CRMLS

Price summary

  • Price:$3,100,000
  • Price per sq. ft.:$379.81

About this home

First time on the market in over 50 years, it is with great pleasure to present this 8-unit multifamily property in one of the best areas of Pasadena. This investment offers a stable return and appreciation fueled by this high rental demand location at just a 10-minute walk to Erewhon, Trader Joe's and the prime corridor of South Lake Ave. With a large building size of 8,162 SF the subject property offers spacious units featuring a strong unit mix of: TWO 2 Bed + 2 bath units, TWO 2 Bed + 1 bath units and FOUR 1 Bed + 1 bath units. The garden style layout offers charm and privacy with most units having patios or balconies. The two-bedroom units feature central HVAC systems and all units have individual water heaters and separately metered for gas and electricity. Major capital improvements include a full roof replacement in 2022, the plumbing has been updated and granite counters with built-in stoves and ovens. Situated on a large 14,617 SF lot, there are 8 covered parking

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Home facts

  • Year built:1962
  • Listing Id #:25560529
  • Added:36 day(s) ago
  • Updated:August 13, 2025 at 10:36 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:10
  • Living area:8,162 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric

Structure and exterior

  • Year built:1962
  • Building area:8,162 sq. ft.
  • Lot area:0.34 Acres

Finances and disclosures

  • Price:$3,100,000
  • Price per sq. ft.:$379.81
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