121 S Chester Avenue, Pasadena, CA 91106
Local realty services provided by:CENTURY 21 Affiliated
121 S Chester Avenue,Pasadena, CA 91106
$3,100,000
- 5 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: kevin lutz, kevin hurley
Office: keller williams realty/pasadena
MLS#:WS24091810
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,100,000
About this home
Situated in the heart of Pasadena, CA, this 12-unit apartment building presents a value-add opportunity, for a patient investor, in one of the most sought-after locations in the city. Boasting a Walk Score of 93, you are near by Cal Tech, Pasadena City College and The Shops on Lake. Built in 1960, this two-story walk-up building is being marketed for the first time in over 40 years. Comprising a mix of 4 one-bedroom/one-bathroom units and 8 two-bedroom/one-and-three-quarter-bathroom units, this property caters to a diverse range of tenants. Each unit features a balcony or patio (except for unit #1, which is the largest 1-bedroom unit), gas forced air heating, and wall air conditioning units. The kitchens are equipped with gas stoves and ovens, tiled countertops and tiled or linoleum floors, while the bathrooms have tiled or linoleum floors and vanities. Living rooms and bedrooms are carpeted. Although interiors have not been upgraded, there is immense potential for renovation and value enhancement. The property is individually metered for gas and electric, with the owner paying for hot water, gardening, trash, and common area electricity. Two 75-gallon hot water heaters serve the building, ensuring ample hot water supply for residents. Parking is provided with 17 tuck-under spaces located below the building; seismic retrofit will need to be done. Additionally, there is space available for a laundry room, offering an opportunity for added convenience and income generation.
Contact an agent
Home facts
- Listing ID #:WS24091810
- Added:585 day(s) ago
- Updated:December 14, 2025 at 08:36 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
Heating and cooling
- Cooling:Wall/Window
- Heating:Forced Air Unit
Finances and disclosures
- Price:$3,100,000
New listings near 121 S Chester Avenue
- New
$2,499,000Active-- beds -- baths2,169 sq. ft.1670 N Oxford Avenue N, Pasadena, CA 91104
MLS# GD25275509Listed by: COLDWELL BANKER HALLMARK - Open Sun, 1 to 4pmNew
$1,199,000Active3 beds 1 baths1,042 sq. ft.400 Flower Street, Pasadena, CA 91104
MLS# CV25274622Listed by: CENTURY 21 MASTERS - New
$644,000Active2 beds 2 baths984 sq. ft.762 E Orange Grove Boulevard #5, Pasadena, CA 91104
MLS# CL25625335Listed by: REDFIN - Open Sun, 1 to 4pmNew
$2,099,900Active4 beds 3 baths2,565 sq. ft.1060 Rose, Pasadena, CA 91107
MLS# OC25274482Listed by: REALTY ONE GROUP WEST - New
$618,000Active2 beds 3 baths1,035 sq. ft.617 N Mar Vista Avenue #2, Pasadena, CA 91106
MLS# CRP1-25169Listed by: COLDWELL BANKER REALTY - Open Sun, 2 to 4pmNew
$618,000Active2 beds 3 baths1,035 sq. ft.617 N Mar Vista Avenue #2, Pasadena, CA 91106
MLS# P1-25169Listed by: COLDWELL BANKER REALTY - New
$885,000Active2 beds 2 baths877 sq. ft.507 Sinaloa Avenue, Pasadena, CA 91106
MLS# CL25626667Listed by: COMPASS - New
$1,250,000Active2 beds 2 baths1,706 sq. ft.938 S Orange Grove Boulevard #C, Pasadena, CA 91105
MLS# P1-25129Listed by: ENGEL & VOELKERS SAN MARINO - New
$1,495,000Active4 beds 4 baths1,862 sq. ft.1430 N Dominion Avenue, Pasadena, CA 91104
MLS# CL25626959Listed by: KELLER WILLIAMS BEVERLY HILLS - New
$1,388,000Active2 beds 3 baths2,235 sq. ft.1920 N Altadena Drive, Pasadena, CA 91107
MLS# CRP1-25150Listed by: CORNERSTONE REAL ESTATE SERV.