115 S Chester Avenue Pasadena, CA $ 1,720,000
115 S Chester Avenue
$ 1,720,000
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115 S Chester Avenue

Pasadena, CA, 91106
$ 1,720,000
Baths1.0 Sq 3,264

Monthly Estimate*

$ 10,590

Listed by Re/Max Premier Prop Arcadia
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Studio

Multi-Family Home for sale in Pasadena, CA

for $1,720,000 with 1 full bath. This 3,264 square foot home was built in 1948 on a lot size of 0.2183.

This is a great opportunity to own a fantastic income property in the highly desirable area of Pasadena! This property is close to California Institution of Technology, Pasadena Community College and Old Town Pasadena. You can live in one house and rent the 4 units in the other. The front unit is a charming, single-family house style with many great features. It has 2 bedrooms and 1 bathroom; and all other 4 units consist of 1 bedroom and 1 bathroom each. All bedrooms are comfortable in size. Each of the units has their own living room, a full kitchen and 1 carport (3 of them is covered car-port). Two of the units have been renovated with a kitchen and floor. Roof was upgraded in 2010. It is close to The Paseo which consist of several shops, entertainments, movie theater and restaurants. This property is conveniently located near public transportation and is just minutes away from 210 freeway which has easy access to the other freeways - 110 , I-134, and I-5. Don't miss out!

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Multi-Family Active

Price

$ 1,720,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2183

Year Built

1948

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

AR26073753

Days on Market

6

Features
General
Sewer Public Sewer
Heating Wall Furnace
Utilities Electricity Connected Natural Gas Connected Sewer Connected
Possession Close Of Escrow
Zoning PSR4
Garage Spaces 5
Pool Features None
Year Built 1948
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Apartment
Gross Income 82080
Community Features Curbs
County Los Angeles
Net Operating Income 56077
Operating Expense 26003
Insurance Expense 1548
New Construction false
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions N of Del Mar / E of Lake Ave
City Pasadena
Entry Location 1
Senior Community Y/N false
Number Of Units Total 5
MLS Area 648 - Pasadena (SE)
Lot Size Units Square Feet
Lot Size Square Feet 9508
Listing Terms Cash to Existing Loan Cash to New Loan 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 2000
Water Sewer Expense 1072
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 11
Property Sub Type Additional Apartment
Expected Active Date 2026-04-09
Taxes 20375
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Interior
Flooring Carpet Tile
Fireplace Features None
Total Stories 1
Common Walls End Unit No Common Walls
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Parking Features Assigned
Lot Features Front Yard
Water Source Public
Total Parking 5
Lot Size Area 9508
Number of Buildings 2
Building Area Total 3264
Lot Size Acres 0.2183
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded Features
List By
Re/Max Premier Prop Arcadia

Broker

sharonliu.remax@gmail.com

Email

Affordability Calculator

$10,590
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,590
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
4/9/2026$1,720,000 Listed Price

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115 S Chester Avenue, Pasadena, CA, 91106 is a Multi-Family Home for sale at $1,720,000 with 3,264 sqft and a lot size of 0.2183. 115 S Chester Avenue is a studio with 1.0 baths and was built in 1948. The property's zip code is 91106 which is in Pasadena, CA