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For SaleLuxury

$2,195,000

4,407 sqft$498/sqft66 days on market

1124 Cordova Street

Pasadena, CA 91106

· 8% down, 7% APR, 30yr fixed

8

Beds

6

Baths

4,407

Square feet

—

Built

Listing narrative

Description

Excellent opportunity to acquire a well-maintained 6-unit multifamily property in a highly desirable Pasadena located in between S. Lake Ave, Caltech and PCC. The property offers an attractive unit mix consisting of two 2-bedroom/1-bath units, three 1-bedroom/1-bath units, and one oversized 1-bedroom/1-bath unit. The property has benefited from numerous significant capital improvements, including brand new roofs in 2026, copper plumbing, some updated windows, recently painted and many interior updates and remodels providing a new owner with a well-maintained asset where many major building components have already been addressed. The location is a standout feature. Situated less than a mile to prime South Lake Avenue corridor, Erewhon market and many dining and shopping options. Even closer are Caltech and Pasadena City College, two of Pasadena's most prominent educational institutions and major employment and housing-demand drivers. With only six units, a strong and desirable unit mix, substantial building improvements, and an excellent Pasadena location, this property represents a compelling opportunity for an investor seeking a very predictable multifamily asset with strong long-term rental demand and appreciation potential in one of Southern California's most desirable rental markets. PLEASE DO NOT DISTURB ANY TENANTS OR WALK AROUND THE PROPERTY

Listing agent (MLS): Alexander Metaxas · Listing brokerage (MLS): Realty Investment Advisors, Inc.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,195,000

Beds

8 bd

Type

House

Home Size

4,407 sqft

Baths

6

Lot Size

0.19 acres

Year

Year n/a

Status

For Sale

Days on Market

66

$ / Sqft

$498

· 8% down, 7% APR, 30yr fixed
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Courtesy of Realty Investment Advisors, Inc.