276 S Sierra Madre Boulevard Pasadena, CA $ 5,875,000
276 S Sierra Madre Boulevard
$ 5,875,000
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276 S Sierra Madre Boulevard

Pasadena, CA, 91107
$ 5,875,000
Bedrooms4 Baths18.0

Monthly Estimate*

$ 36,652

Listed by Realty Investment Advisors, Inc.
276 S Sierra Madre Boulevard, Pasadena, CA 91107 - Image 1
276 S Sierra Madre Boulevard, Pasadena, CA 91107 - Image 2
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276 S Sierra Madre Boulevard, Pasadena, CA 91107 - Image 8
276 S Sierra Madre Boulevard, Pasadena, CA 91107 - Image 9
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276 S Sierra Madre Boulevard, Pasadena, CA 91107 - Image 12
276 S Sierra Madre Boulevard, Pasadena, CA 91107 - Image 13
276 S Sierra Madre Boulevard, Pasadena, CA 91107 - Image 14
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Multi-Family Home for sale in Pasadena, CA

for $5,875,000 with 4 bedrooms and 18 full baths. This home was built in 1956 on a lot size of 0.3475.

TURN-KEY, FULLY UPDATED PROPERTY!! Rare offering of 22 units, meticulously maintained, South of Del Mar Blvd. at $267K per unit and 5.34% Cap Rate,....Pride of Ownership just north of San Marino border. The property features UPDATED WINDOWS, ELECTRICAL, & PLUMBING SYSTEMS; REMODELED INTERIORS, Newer roof, refreshed landscaping, and secured on-site gated parking, offering a low-maintenance profile for investors seeking a streamlined, predictable operation. Thoughtful improvements enhance tenant appeal while reducing future capital expenditures. Master metered for electricity, gas and water, making this a perfect candidate to pass-thru utility expenses, trimming expenses and improving cash flow! The unit mix includes 4 spacious 1-bed + 1-bath units and 18 well-designed singles, totaling approximately 8,884 SF (per appraiser) of building area on a 14,600 SF lot. With highly functional layouts and modern finishes throughout, the building boasts units that are always in demand and stands out as an exceptionally pride-of-ownership asset in a supply-constrained submarket.

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Multi-Family Active

Price

$ 5,875,000

Bedrooms

4

Full Bath

18

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3475

Year Built

1956

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

25626927

Days on Market

7

Features
General
Living Area 0
Heating Heat Pump
Cooling Electric Heat Pump Wall/Window Unit(s)
Appliances Dishwasher Microwave Refrigerator
Zoning LCR4YY
Security Features Security Gate Gated Community
Year Built 1956
Stories Count 2
Levels Two
Gross Income 487200
Community Features Gated
County Los Angeles
Net Operating Income 322963
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Buyer Financing Cash
Directions Just south of Del Mar Blvd. on East side of street.
City Pasadena
Senior Community Y/N false
Number Of Units Total 22
MLS Area 648 - Pasadena (SE)
Lot Size Units Square Feet
Lot Size Square Feet 15135
Property Condition Updated/Remodeled
Standard Status Active
Year Built Source Assessor
Cap Rate 5.5
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Interior
Interior Amenities Chair Rail Ceiling Fan(s) Crown Molding Recessed Lighting
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Common Area
Total Bedrooms 4
Total Baths 22
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Exterior
Parking Features Assigned Gated On Street
Total Parking 0
Lot Size Area 15135
Number of Buildings 1
Building Area Total 0
Lot Dimensions 73x200
Lot Size Acres 0.3475
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* Excluded Features
List By
Realty Investment Advisors, Inc.

Broker

ametaxas@riacre.com

Email

Affordability Calculator

$36,652
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Monthly Principal & Interest
$36,652
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/9/2025$5,875,000 Listed Price

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276 S Sierra Madre Boulevard, Pasadena, CA, 91107 is a Multi-Family Home for sale at $5,875,000 with a lot size of 0.3475. 276 S Sierra Madre Boulevard has 4 bedrooms, 18.0 baths, and was built in 1956. The property's zip code is 91107 which is in Pasadena, CA