48 50 S Parkwood Avenue Pasadena, CA $ 1,450,000
48 50 S Parkwood Avenue
$ 1,450,000
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48 50 S Parkwood Avenue

Pasadena, CA, 91107
$ 1,450,000
Baths1.0 Sq 2,750

Monthly Estimate*

$ 8,928

Listed by Berkshire Hathaway Golden Prop
48 50 S Parkwood Avenue, Pasadena, CA 91107 - Image 1
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48 50 S Parkwood Avenue, Pasadena, CA 91107 - Image 8
48 50 S Parkwood Avenue, Pasadena, CA 91107 - Image 9
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48 50 S Parkwood Avenue, Pasadena, CA 91107 - Image 20
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Studio

Single Family Home for sale in Pasadena, CA

for $1,450,000 with 1 full bath. This 2,750 square foot home was built in 1959 on a lot size of 0.1875.

Excellent Pasadena Fourplex in Prime Location. A rare opportunity to own a well-maintained four-unit property in a highly desirable Pasadena neighborhood. The front house features 3 bedrooms and 2 bathrooms, with a fireplace. Behind the main residence are three separate one-bedroom, one-bath units, all in excellent condition. Each unit offers its own washer and dryer hookups, separately metered for gas and electric, providing convenience for tenants and ease of management for the owner. The property has been consistently well cared for and reflects pride of ownership throughout. Ideally located near public transportation, Pasadena City College, and Caltech, this property is an excellent owner user opportunity to live in the front house and have rental income from the 3 well maintained units. ________________________________________

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Single Family Active

Price

$ 1,450,000

Bedrooms

Studio

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.1875

Year Built

1959

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

AR26026113

Days on Market

16

Features
General
Sewer PublicSewer
Garage Spaces 4
Pool Features None
Year Built 1959
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 109536
Community Features StreetLights Sidewalks
County Los Angeles
Net Operating Income 79340
Operating Expense 26735
Insurance Expense 3253
New Construction false
Property Type ResidentialIncome
MaintenanceExpense 2187
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions East of Allen Ave- south of Colorado Blvd.
City Pasadena
Entry Location Front
Senior Community Y/N false
Number Of Units Total 4
MLS Area 648 - Pasadena (SE)
Lot Size Units SquareFeet
Lot Size Square Feet 8167
Listing Terms Cash CashToNewLoan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 1360
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 6
Total Actual Rent 9113
Property Sub Type Additional Quadruplex
Taxes 17400
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Interior
Total Stories 2
Common Walls TwoCommonWallsOrMore
Laundry Features Inside Stacked
Entry Level 1
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Exterior
Lot Features TwoToFiveUnitsAcre
Water Source Public
Total Parking 4
Lot Size Area 8167
Number of Buildings 2
Building Area Total 2750
Lot Size Acres 0.1875
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Berkshire Hathaway Golden Prop

Broker

Hovig@bhhsgolden.com

Email

Affordability Calculator

$8,928
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Monthly Principal & Interest
$8,928
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Default based on a 30-year fixed rate of 6.25% 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
2/12/2026$1,450,000 Listed Price

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48 50 S Parkwood Avenue, Pasadena, CA, 91107 is a Single Family Home for sale at $1,450,000 with 2,750 sqft and a lot size of 0.1875. 48 50 S Parkwood Avenue is a studio with 1.0 baths and was built in 1959. The property's zip code is 91107 which is in Pasadena, CA