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:677 day(s) ago
- Updated:March 16, 2026 at 07:23 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
- Open Tue, 11am to 2pmNew
$1,199,000Active3 beds 2 baths1,175 sq. ft.3731 Laurita Avenue, Pasadena, CA 91107
MLS# 26664049Listed by: EQUITY UNION - Open Sun, 1 to 4pmNew
$2,999,000Active4 beds 3 baths3,974 sq. ft.2985 San Pasqual Street, Pasadena, CA 91107
MLS# P1-26270Listed by: COLDWELL BANKER REALTY - New
$849,000Active2 beds 3 baths1,345 sq. ft.1000 E California Boulevard #204, Pasadena, CA 91106
MLS# CRP1-26242Listed by: MERIDIAN CAPITAL REALTY - New
$750,000Active3 beds 2 baths1,107 sq. ft.1911 N Summit, Pasadena, CA 91103
MLS# IV26055431Listed by: EXP REALTY OF CALIFORNIA INC - New
$5,900,000Active-- beds -- baths19,994 sq. ft.144 N Michigan, Pasadena, CA 91106
MLS# SB26044815Listed by: WESTSIDE MANAGEMENT GROUP - New
$1,189,000Active2 beds 2 baths1,645 sq. ft.1000 S Orange Grove Boulevard #23, Pasadena, CA 91105
MLS# CRP1-26255Listed by: COMPASS - New
$999,000Active3 beds 2 baths1,406 sq. ft.168 S Sierra Madre Blvd. #301, Pasadena, CA 91107
MLS# AR26055192Listed by: PROVENIO REALTY AND INVESTMENT - New
$1,749,000Active4 beds 4 baths2,520 sq. ft.1155 N Sierra Bonita Avenue, Pasadena, CA 91104
MLS# P1-26252Listed by: KELLER WILLIAMS REALTY - New
$1,189,000Active2 beds 2 baths1,645 sq. ft.1000 S Orange Grove Boulevard #23, Pasadena, CA 91105
MLS# P1-26255Listed by: COMPASS - Open Sat, 1 to 4pmNew
$5,998,000Active6 beds 7 baths6,426 sq. ft.3255 Lombardy, Pasadena, CA 91107
MLS# WS26053215Listed by: LOU EDWARDS FINANCIAL INC.