460 S El Molino Pasadena, CA $ 3,300,000
460 S El Molino
$ 3,300,000
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460 S El Molino

Pasadena, CA, 91101
$ 3,300,000
Baths1.1 Sq 6,199

Monthly Estimate*

$ 20,319

Listed by Louie Properties, Inc.
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Studio

Multi-Family Home for sale in Pasadena, CA

for $3,300,000 with 1 full bath, 1 half bath. This 6,199 square foot home was built in 1950 on a lot size of 0.3486.

Location! Location! Location! *This lovely well-maintained 6-Unit Apartment is in the prime Lake Ave/California Caltech District. * Only short distance from the financial district, hospitals, various schools, dining and shopping, makes the property ever popular for rental opportunities. * Desirable and convenient transportation to Gold-Line Metro Link, 110/210/2/134 Freeways, makes the property in demand for DTLA professionals who would like to enjoy the fun and trendy places and activities in the City of Pasadena/SGV. * Excellent Unit-Mix with the types of units (1) Larger Front Unit 2 BDRM/2 baths, (1) 2 BDRM/1.5 bath, (2) 2 BDRM/1 bath and (2) 1 BDRM/1 bath. * Almost all units are with inside Laundry hook-ups, newly replaced electrical sub-panels, various of the window A/C, heater, water heater, washers and dryers have been replaced. Roof was replaced in 2014. 6-Units building is not required to have on-site Manager. * Lots of potentials with the monthly rent amounts being lower than the market value. Pride of ownership.. show and sell!

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Multi-Family Active

Price

$ 3,300,000

Bedrooms

Studio

Full Bath

1

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3486

Year Built

1950

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

AR26032464

Days on Market

10

Features
General
Sewer Sewer Tap Paid
Heating Gravity
Cooling Wall/Window Unit(s)
Utilities Electricity Available Sewer Available Water Available
Possession Close Of Escrow
Roof Composition
Zoning PSR4
HOA Fee 0
Garage Spaces 3
Architectural Style Cape Cod
Pool Features None
Year Built 1950
Tenant Pays Cable TV Electricity Gas
View None
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 143363
Community Features Curbs Urban
County Los Angeles
Net Operating Income 65727
Operating Expense 77636
Insurance Expense 8750
New Construction false
Property Type Residential Income
HOA false
Contingency contingent on Offer before showing
Facing Direction West
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Lake & California
City Pasadena
Entry Location Ground & Front
Senior Community Y/N false
Open Parking Spaces 3
Number Of Units Total 6
MLS Area 647 - Pasadena (SW)
Lot Size Units Square Feet
Lot Size Square Feet 15184
Number of Units Leased 6
Listing Terms Cash Cash to New Loan 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Property Condition Turnkey
Trash Expense 10421
Water Sewer Expense 4953
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 7
Total Actual Rent 11684
Property Sub Type Additional Apartment
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Interior
Fireplace Features Gas Kitchen Living Room
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Washer Hookup Inside
Entry Level 1
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Exterior
Fencing Chain Link Wood
Parking Features Garage
Lot Features 16-20 Units/Acre
Water Source Public
Total Parking 6
Lot Size Area 15184
Foundation Details Raised
Number of Buildings 3
Spa false
Building Area Total 6199
Lot Size Acres 0.3486
Private Pool false
Lot Size Source Assessor
Pool Charge 0
Number of Separate Water Meters 1
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
Road Frontage Type City Street
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* Excluded Features
List By
Louie Properties, Inc.

Broker

chinglouie@gmail.com

Email

Affordability Calculator

$20,319
Per Month
100%
0%
0%
Monthly Principal & Interest
$20,319
Monthly Property Taxes
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Monthly Home Insurance
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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$3,300,000 Listed Price

Map


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460 S El Molino, Pasadena, CA, 91101 is a Multi-Family Home for sale at $3,300,000 with 6,199 sqft and a lot size of 0.3486. 460 S El Molino is a studio with 1.1 baths and was built in 1950. The property's zip code is 91101 which is in Pasadena, CA