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276 S Sierra Madre Boulevard, Pasadena, CA 91107

Pasadena
Local realty services provided by:CENTURY 21 Affiliated
276 S Sierra Madre Boulevard,Pasadena, CA 91107
$5,585,000
  • 4 Beds
  • 22 Baths
  • 8,884 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.:$628.66

About this home

6% CAP RATE, TURN-KEY PROPERTY! We are pleased to present this 22-unit multi-family property that has undergone extensive updating and renovation. A turn-key investment with 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. ...

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Home facts

  • Year built:1956
  • Listing ID #:26642065
  • Added:95 day(s) ago
  • Updated:May 03, 2026 at 10:43 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:22
  • Kitchen Description:Dishwasher, Microwave, Refrigerator
  • Living area:8,884 sq. ft.

Heating and cooling

  • Heating:Electric, Heat Pump

Structure and exterior

  • Year built:1956
  • Building area:8,884 sq. ft.
  • Lot area:0.34 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$5,585,000
  • Price per sq. ft.:$628.66

Features and amenities

  • Appliances:Dishwasher
  • Amenities:Ceiling Fans

Parking

  • Parking description:Assigned, Concrete, On Street, Side By Side
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