56 N Parkwood, Pasadena, CA 91107
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
56 N Parkwood,Pasadena, CA 91107
$1,650,000
- - Beds
- - Baths
- 3,377 sq. ft.
- Multi-family
- Active
Listed by: tony ma
Office: compass626-205-4040
MLS#:WS26119724
Source:CRMLS
Price summary
- Price:$1,650,000
- Price per sq. ft.:$488.6
About this home
Prime Pasadena Multifamily Investment Opportunity! Located at 56 N. Parkwood Avenue, this five-unit Pasadena multifamily property features an attractive unit mix of 2 (2BD/1BA) units and 3 (1BD/1BA) units. Two of the 1-bedroom, 1-bathroom units is currently vacant and available for rent, providing immediate upside potential for investors and owner-users alike. A floor plan and interior photos of the vacant unit are included, allowing prospective buyers to evaluate the layout, condition, and rental potential. Ideally situated near Caltech, Pasadena City College, Huntington Hospital, Old Town Pasadena, and the South Lake Avenue shopping and dining district, the property benefits from strong rental demand and convenient access to major employment centers, public transportation, parks, and entertainment. Whether you're seeking stable cash flow, future rental growth, or a long-term hold in a high-demand market, this Pasadena multifamily property offers an exceptional investment opportunity. With its desirable unit mix, prime location, and immediate leasing opportunity, 56 N. Parkwood Avenue is well-positioned for both current income and long-term appreciation. Don't miss this chance to own a five-unit Pasadena investment property with strong fundamentals and significant upside potential....
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Home facts
- Year built:1953
- Listing ID #:WS26119724
- Added:5 day(s) ago
- Updated:June 09, 2026 at 10:34 AM
Rooms and interior
- Living area:3,377 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1953
- Building area:3,377 sq. ft.
- Lot area:0.19 Acres
- Lot Features:Front Yard, Rectangular Lot
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,650,000
- Price per sq. ft.:$488.6
Parking
- Total parking spaces:5
- Parking description:Assigned, On Street
- Garage:Yes
- Garage spaces:2
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