56 N Parkwood

Pasadena, CA 91107
  • $1,650,000

    Price
  • 7

    Bed
  • 5

    Bath
  • 3,377

    SqFt

About the Listing 21673 - WS78979

Prime Pasadena Multifamily Investment Opportunity! Located at 56 N. Parkwood Avenue, this five-unit Pasadena multifamily property features an attractive unit mix of 2 (2BD/1BA) units and 3 (1BD/1BA) units. One of the 1-bedroom, 1-bathroom units is currently vacant and available for rent, providing immediate upside potential for investors and owner-users alike. A floor plan and interior photos of the vacant unit are included, allowing prospective buyers to evaluate the layout, condition, and rental potential. Ideally situated near Caltech, Pasadena City College, Huntington Hospital, Old Town Pasadena, and the South Lake Avenue shopping and dining district, the property benefits from strong rental demand and convenient access to major employment centers, public transportation, parks, and entertainment. Whether you're seeking stable cash flow, future rental growth, or a long-term hold in a high-demand market, this Pasadena multifamily property offers an exceptional investment opportunity. With its desirable unit mix, prime location, and immediate leasing opportunity, 56 N. Parkwood Avenue is well-positioned for both current income and long-term appreciation. Don't miss this chance to own a five-unit Pasadena investment property with strong fundamentals and significant upside potential.

Listing Highlights

Status Active
Days on Site 27
Property Type Multi-Family
MLS ® WS26168777
Year Built 1953
Total Square Footage 3,377
Lot/Acreage 0.19

Interior Details

  • Bedrooms: 7
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Front Yard,Rectangular Lot,No Land Lease
  • Garage Capacity: 2 car
  • Parking Spaces: 5
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Assigned,On Street

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5746016073
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

56 N Parkwood Pasadena, CA 91107

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: CRMLS

Agent profile image in chat bubble
Agent profile image in chat header

Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

Agent profile image in message

or another way