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Anita Derabidian

anita.derabidian@engelvoelkers.com +1(818) 441-8025

$ 2,589,000

Est. payment -/mo

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112 S Roosevelt Pasadena, CA 91107

10,136 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26102429

Construction Status Turnkey

HOA Y/N No

Year Built 2004

Lot Size 10,136 Sqft

Property Sub-Type Quadruplex

Property Description

Rare opportunity to own four attractive Craftsman-style units in a prime Pasadena location near Pasadena City College, California Institute of Technology, and the vibrant Lake Avenue shopping and dining district. Built in 2004, the property features two separate buildings with a well-designed mix of spacious townhouse-style units and strong rental appeal. The front building consists of two thoughtfully designed townhouse-style units, each offering 3 bedrooms and 2.5 bathrooms. The open-concept ground floors include generous living rooms with dining area, functional kitchens, powder rooms, and convenient indoor laundry closets. Back doors lead to private rear patios overlooking a beautifully maintained common area with mature landscaping and a tranquil fountain setting. The rear building includes an additional 3-bedroom, 2.5-bath townhouse-style unit plus a desirable upstairs 1-bedroom unit. Each tenant enjoys the convenience of a private detached two-car garage located at the rear of the property. This unique opportunity offers an appealing mix of stability and upside potential, with one long-term tenant currently on a lease that expires in November and three units on month-to-month agreements. Excellent location with close proximity to shopping, dining, schools, and major commuter routes makes this a compelling investment opportunity in one of Pasadena's most sought-after rental markets.

Location

State CA

County Los Angeles

Area 648 - Pasadena (Se)

Interior

Interior Features Cathedral Ceiling(s), Open Floorplan, All Bedrooms Up, Primary Suite

Heating Central

Cooling Central Air

Flooring Laminate, Tile, Wood

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Parking Features Garage

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Park

View Y/N Yes

View Mountain(s), Neighborhood

Roof Type Composition

Total Parking Spaces 8

Private Pool No

Building

Lot Description Front Yard, Lawn, Landscaped, Level, Near Park, Near Public Transit, Street Level

Story 2

Sewer Public Sewer

Water Public

Architectural Style Craftsman

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 5747004057

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Donna Baker JohnHart Corp. 626-487-0820, DRE #01308772

NEARBY SCHOOLS & PROPERTIES

Anita Derabidian

Advisor | License ID: 02234774

+1(818) 441-8025

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