1124 Cordova Street Pasadena, CA $ 2,195,000
1124 Cordova Street
$ 2,195,000
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1124 Cordova Street

Pasadena, CA, 91106
$ 2,195,000
Bedrooms8 Baths1.0 Sq 4,407

Monthly Estimate*

$ 13,859

Listed by Realty Investment Advisors, Inc.
1124 Cordova Street, Pasadena, CA 91106 - Image 1
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1124 Cordova Street, Pasadena, CA 91106 - Image 12

Multi-Family Home for sale in Pasadena, CA

for $2,195,000 with 8 bedrooms and 1 full bath. This 4,407 square foot home was built on a lot size of 0.1897.

Excellent opportunity to acquire a well-maintained 6-unit multifamily property in a highly desirable Pasadena located in between S. Lake Ave, Caltech and PCC. The property offers an attractive unit mix consisting of two 2-bedroom/1-bath units, three 1-bedroom/1-bath units, and one oversized 1-bedroom/1-bath unit. The property has benefited from numerous significant capital improvements, including brand new roofs in 2026, copper plumbing, some updated windows, recently painted and many interior updates and remodels providing a new owner with a well-maintained asset where many major building components have already been addressed. The location is a standout feature. Situated less than a mile to prime South Lake Avenue corridor, Erewhon market and many dining and shopping options. Even closer are Caltech and Pasadena City College, the property benefits from its proximity to two of Pasadena's most prominent educational institutions and major employment and housing-demand drivers. With only six units, a strong and desirable unit mix, substantial building improvements, and an excellent Pasadena location, this property represents a compelling opportunity for an investor seeking a very predictable multifamily asset with strong long-term rental demand and appreciation potential in one of Southern California's most desirable rental markets. PLEASE DO NOT DISTURB ANY TENANTS OR WALK AROUND THE PROPERTY

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Multi-Family Active

Price

$ 2,195,000

Bedrooms

8

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1897

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

26942719

Days on Market

1

Features
General
Living Area 4407
Heating Wall Furnace
Appliances Microwave
Zoning PSR4
Architectural Style Cape Cod
Stories Count 2
Levels Two
Gross Income 153396
County Los Angeles
Net Operating Income 92887
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions South side of Cordova in between Wilson Ave & Michigan Ave
City Pasadena
Senior Community Y/N false
Number Of Units Total 6
MLS Area 648 - Pasadena (SE)
Lot Size Units Square Feet
Lot Size Square Feet 8265
Standard Status Active
Cap Rate 4.23
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Interior
Total Stories 2
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 8
Total Baths 6
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Exterior
Parking Features Concrete Uncovered
Total Parking 0
Lot Size Area 8265
Number of Buildings 3
Building Area Total 4407
Lot Dimensions 60x130
Lot Size Acres 0.1897
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* Excluded Features
List By
Realty Investment Advisors, Inc.

Broker

ametaxas@riacre.com

Email

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Monthly Principal & Interest
$13,859
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Default based on a 30-year fixed rate of 6.49% 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
9/2/2026$2,195,000 Listed Price

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1124 Cordova Street, Pasadena, CA, 91106 is a Multi-Family Home for sale at $2,195,000 with 4,407 sqft and a lot size of 0.1897. 1124 Cordova Street has 8 bedrooms and 1.0 baths. The property's zip code is 91106 which is in Pasadena, CA