276 S Sierra Madre Boulevard, Pasadena, CA 91107
Local realty services provided by:CENTURY 21 Jordan-Link
276 S Sierra Madre Boulevard,Pasadena, CA 91107
$5,585,000
- 4 Beds
- 22 Baths
- 8,820 sq. ft.
- Multi-family
- Active
Listed by: alexander metaxas, benjamin j. hsiang
Office: realty investment advisors, inc.
MLS#:26642065
Source:CRMLS
Price summary
- Price:$5,585,000
- Price per sq. ft.:$633.22
About this home
We are pleased to present this 22-unit multi-family property that has undergone extensive updating and renovation. A true turn-key investment that is nearly a 6% Cap Rate, on the south side of Pasadena. Significant capital improvements include updated electrical, plumbing, drain lines, windows, doors and driveway/parking. The unit mix consists of 4 large 1-bed + 1-bath units and 18 Singles/1-bath with full size kitchens. All units have been renovated to include laminate or vinyl flooring, granite countertops, new cabinets, renovated bathrooms, stainless steel appliances and updated heat/AC systems. Tenants enjoy gated parking and a secure on-site laundry room. The property is meticulously maintained and managed by the ownership. Thoughtful and strategic property improvements enhance tenant appeal and rentability as well as reducing near-term capital expenditure exposure. The unit mix offers high rentability and flexibility in a dynamic rental market. Located not far from CalTech, PCC and the city of San Marino help make the location desired and convenient.
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Home facts
- Year built:1956
- Listing ID #:26642065
- Added:1 day(s) ago
- Updated:January 28, 2026 at 02:29 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:22
- Living area:8,820 sq. ft.
Heating and cooling
- Heating:Electric, Heat Pump
Structure and exterior
- Year built:1956
- Building area:8,820 sq. ft.
- Lot area:0.35 Acres
Finances and disclosures
- Price:$5,585,000
- Price per sq. ft.:$633.22
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