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59 S Meridith Pasadena, CA $ 3,300,000
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59 S Meridith
$ 3,300,000
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59 S Meridith

Pasadena, CA, 91106
$ 3,300,000
Baths1.0 Sq 4,952

Monthly Estimate*

$ 20,588

Listed by EXP REALTY
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Studio

Multi-Family Home for sale in Pasadena, CA

for $3,300,000 with 1 full bath. This 4,952 square foot home was built in 1964 on a lot size of 0.182.

7 Unit Apartment building in Pasadena, CA located walking distance (1 block away) from Pasadena City College (PCC). 4 units are currently vacant and used as short-term rental (Airbnb). Airbnb business will also be included in the sale (135 reviews at 4.92 rating with “Guest Favorite” award). Unit mix: 2 x (2B+1B) and 5 x (1B+1B). Laundry room on site with 1 coin operated washer and 1 coin operated dryer (both units owned and included with the sale). New rain gutters recently installed, new facia, new paint, new windows, new plumbing, new electrical panels (3 out of 7 units), drainage updated, 2 new water heaters, refurbished roof (less than 3 years ago). 7 covered parking spots on site (all carports). Excellent location with walk score of 87 and bike score of 75. Most errands can be accomplished on foot and biking is convenient on most trips. Less than 1 mile away from California Institute of Technology (Caltech), 1.1 miles away from Huntington Library, 2 miles away from Pasadena Convention Center and 4.5 miles away from Rose Bowl.

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Multi-Family Active

Price

$ 3,300,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.182

Year Built

1964

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

AR25220741

Days on Market

92
Features
General
Sewer Public Sewer
Garage Spaces 0
Pool Features None
Year Built 1964
Property Subtype Apartment
Gross Income 209040
Community Features Urban
County Los Angeles
Net Operating Income 157497
Operating Expense 51543
Insurance Expense 3207
New Construction 0
Property Type Residential Income
Garage Y/N 0
Special Listing Conditions Standard
Status Active
Directions 59 S Meridith Ave Pasadena CA 91106
City Pasadena
Entry Location 1
Senior Community Y/N 0
Number Of Units Total 7
MLS Area 648 - Pasadena (SE)
Lot Size Units Square Feet
Lot Size Square Feet 7930
Listing Terms Cash Cash to New Loan
Property Attached Y/N 1
Land Lease Y/N 0
Electric Expense 1920
Fuel Expense 5309
Trash Expense 2632
Water Sewer Expense 0
Additional Parcels Y/N 0
Rent Control Y/N 1
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 29
Property Sub Type Additional Apartment
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features Laundry Room
Entry Level 1
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Exterior
Lot Features 6-10 Units/Acre
Water Source Public
Total Parking 0
Lot Size Area 7930
Number of Buildings 1
Building Area Total 4952
Lot Size Acres 0.182
Private Pool 0
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
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* Excluded Features
List By
Exp Realty

Broker

DONALD@DONALDLAREALTY.COM

Email

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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/20/2025$3,300,000 Listed Price

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59 S Meridith, Pasadena, CA, 91106 is a Multi-Family Home for sale at $3,300,000 with 4,952 sqft and a lot size of 0.182. 59 S Meridith is a studio with 1.0 baths and was built in 1964. The property's zip code is 91106 which is in Pasadena, CA

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