Pasadena, CA 91101,275 N Garfield AVE
Pasadena, CA 91101,275 N Garfield AVE
Pasadena, CA 91101,275 N Garfield AVE
9
$6,175,000
Est.Price: ?

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0.57 Acres Lot

275 N Garfield AVE Pasadena, CA 91101

Est. payment /mo
SOLD DATE : 12/30/2025

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Key Details

Sold Price $6,175,000

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P1-24031

Year Built 1955

Lot Size 0.574 Acres

Property Sub-Type Mixed Use

Property Description

Welcome to 275-285 N Garfield Avenue, a rare multi-parcel investment opportunity nestled in the heart of Pasadena'sprestigious Civic Center District. Spanning two adjacent buildings with a combined total of 35 units, this charming courtyard-style property blends classic Southern California architecture with long-term rental stability. Just steps from Pasadena City Hall, the USC, Pacific Asia Museum, and the Metro Gold Line, this property is a walker's paradise with a 91 Walk Score. Both buildings feature a mixof spacious 1 & 2 bedroom layouts, offering strong in-place cash flow with potential upside through renovation or rent optimization. With high historical occupancy, dedicated parking, andproximity to major employment hubs like Caltech, Kaiser Permanente, and Huntington Hospital, 275-285 N Garfieldrepresents a strategic acquisition in one of Pasadena's most supply-constrained rental markets. Ideal for investors seeking both current income and long-term value appreciation in a prime urban corridor.Multi Family Residential Building, Across 2 APN's2 Level Building20 units in 275 N Garfield Ave19 units 285 N Garfield Ave275 N Garfield Ave 10,331 Sq Ft Living Area285 N Garfield Ave 9,702 Sq Ft Living AreaTotal Living Area Size Across 2 Parcels 20,033 sq ft275 N Garfield Ave 12,266 Sq Ft Lot285 N Garfield Ave 12,748 Sq Ft LotTotal Lot Size Across 2 Parcels 25,014 sq ft26 Combined Surface ParkingBuilt in 1950 & 1955Ideally Situated Near Old Town Pasadena, The PasadenaCourthouse & Central Library, Paseo Colorado and ConvenientAccess to the Major Transportation Routes On Colorado Boulevard and So Much More

Location

State CA

County Los Angeles

Area 647 - Pasadena (Sw)

Interior

Heating Wall Furnace

Cooling Electric, Wall/Window Unit(s)

Fireplaces Type None

Laundry Common Area

Exterior

Parking Features Assigned

Fence Wrought Iron

Pool In Ground

Community Features Curbs, Street Lights

View Y/N No

View None

Building

Story 2

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by Jae L Buck Meridian Capital Realty
Bought with Max Berger Compass

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