112 N Mar Vista Avenue, Pasadena, CA 91106
Local realty services provided by:CENTURY 21 Valley Properties
112 N Mar Vista Avenue,Pasadena, CA 91106
$3,850,000
- - Beds
- - Baths
- 6,920 sq. ft.
- Multi-family
- Active
Listed by: handoko chen
Office: growth investment group pasade
MLS#:AR26017573
Source:CRMLS
Price summary
- Price:$3,850,000
- Price per sq. ft.:$556.36
About this home
Prime 10-unit Value-add several blocks from CALTECH and PCC, 5.25% In-place CAP Rate in Class A Location, Very Well-maintained with no known deferred maintenance, Easy to Manage and Rent, Corner lot on Union St, Walkscore 94, 1 unit is vacant and can be delivered vacant.
112 N Mar Vista, a very well-maintained property in an excellent location only several blocks away from CALTECH and Pasadena City College. With a walk score of 94 and proximity to many amenities in the area including Lake Ave District and Old Town Pasadena and flurries of restaurants along Colorado Blvd, this community offers an ease of management and easy to rent investment. Offered at an attractive 5.25% CAP Rate, this investment presents an excellent opportunity for savvy investors to buy a very well-located apartment with no known deferred maintenance and excellent in-place rents.
The property was built in 1959 and situated on southeast corner of Mar Vista Ave and Union St. It has a total of ±6,920SF building size and is situated on a large ±8,744SF R4 lot. It has small lawn in the front with side paver stone courtyard that provides easy access to units. The roof is in excellent condition, all the windows have been upgraded, and the property has updated exterior paint. It offers an excellent unit mix of two (2) 2-bedroom+1-bathroom, and eight (8) 1-bedroom+1-bathroom units. Approximately 8 out of 10 of the units have had upgrades with updated kitchen, updated flooring and updated bathroom (buyer to verify). The units are spacious and bright with updated dual pane windows throughout. One unit is vacant and can be delivered vacant
There are 9 parking spaces provided by carports in the back – there is no soft story retrofit required. Parking is secured by an automatic parking gate. There is a shared laundry room with seller’s own machines. Each unit is separately metered for gas and electricity.
Contact an agent
Home facts
- Year built:1959
- Listing ID #:AR26017573
- Added:1 day(s) ago
- Updated:January 25, 2026 at 11:31 AM
Rooms and interior
- Living area:6,920 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1959
- Building area:6,920 sq. ft.
- Lot area:0.2 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,850,000
- Price per sq. ft.:$556.36
New listings near 112 N Mar Vista Avenue
- New
$1,595,000Active3 beds 2 baths1,993 sq. ft.1635 Loma Vista Street, Pasadena, CA 91104
MLS# 26642707Listed by: RE/MAX EMPOWER - New
$3,100,000Active3 beds 4 baths3,010 sq. ft.112 S Orange Grove Boulevard #109, Pasadena, CA 91105
MLS# AR26016475Listed by: TREELINE REALTY & INVESTMENT - New
$2,749,000Active4 beds 3 baths2,652 sq. ft.2776 Yorkshire Road, Pasadena, CA 91107
MLS# P1-25568Listed by: KELLER WILLIAMS REALTY - Open Thu, 11am to 2pmNew
$1,250,000Active4 beds 4 baths1,466 sq. ft.630 N Pasadena Avenue, Pasadena, CA 91103
MLS# P1-25572Listed by: KIRELA REAL ESTATE CO - New
$1,350,000Active-- beds -- baths2,222 sq. ft.79 N Berkeley, Pasadena, CA 91107
MLS# SR26014188Listed by: EXP REALTY OF GREATER LOS ANGELES, INC. - New
$979,000Active3 beds 2 baths2,008 sq. ft.385 S Oakland Avenue #205, Pasadena, CA 91101
MLS# P1-25562Listed by: COMPASS - Open Tue, 11am to 2pmNew
$475,000Active1 beds 1 baths675 sq. ft.360 S Euclid Avenue #125, Pasadena, CA 91101
MLS# 26640931Listed by: COMPASS - New
$3,100,000Active3 beds 4 baths3,010 sq. ft.112 S Orange Grove Boulevard #109, Pasadena, CA 91105
MLS# AR26016475Listed by: TREELINE REALTY & INVESTMENT - Open Sun, 2 to 4pmNew
$979,000Active3 beds 2 baths2,008 sq. ft.385 S Oakland Avenue #205, Pasadena, CA 91101
MLS# P1-25562Listed by: COMPASS