435 Euclid Avenue, Pasadena

$14,800,000

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5 Beds
4 Baths
.53 Acre
0 Garage

We are proud to exclusively present a multifamily opportunity located at 435 N Euclid Avenue in the City of Pasadena! 435 N Euclid Avenue is positioned in the highly desirable and vibrant Villa Parke neighborhood of Pasadena. The property is situated between E Villa Street and E Maple Street approximately less than one mile of the 210 Foothill Freeway. The location is also one mile away from the renowned and upscale neighborhood of the Pasadena Playhouse District, which is home to the Pasadena Playhouse Auditorium and several museums, galleries, and popular eateries. 435 N Euclid Avenue is a rare, 2-story, 37-unit property originally built in 1965 with renovations recently completed in 2023 and ADUs currently under construction in 2024. The property is situated on a single parcel of land for a total of ±23,268 square feet and a total building size of ±25,347 square feet. The property features an excellent unit mix of one-bed/one-bathroom, two-bedroom/one-bathroom, and two-bedroom/two-bathroom units averaging 685 square feet per unit. The property features renovated exteriors with covered parking, additional storage space, secure gated entry, courtyard with string lights, outdoor seating area and lush, mature landscaping. Units are renovated with stainless steel appliances, gas oven/stove combination with stylish range hoods, recessed lighting, wall air conditioning and heating, laminate wood look vinyl plank flooring, washers and dryers, granite countertops and new modern window cellular shades. The city of Pasadena is ideally located within Southern California Offering easy access to the 210, 134, 110, 2 and 5 freeways connecting to all of Los Angeles County, Ventura County, and beyond. Significant local landmarks within a 20-mile radius include: The Huntington Library, Brookside Golf Course, The Rose Bowl, Dodger Stadium, Crypto.com Arena, Santa Anita Park, Griffith Observatory, Los Angeles Zoo, Hollywood Walk of Fame, Los Angeles County Arboretum, Hollywood Bowl, Universal Studios, and more. 435 N Euclid Avenue is a prime Pasadena income-producing property and a great long-term investment. The property is in a highly desirable area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​​​​‌‌​‌‌​​‌​​​‌‌​ buyer.

Essential Information

MLS® #
CV24074862
Price
$14,800,000
Bedrooms
5
Bathrooms
4.00
Acres
0.53
Year Built
1965
Type
Residential Income
Sub-Type
Apartment
Status
Active

Community Information

Address
435 Euclid Avenue
Area
645 - Pasadena (NW)
City
Pasadena
County
Los Angeles
Zip Code
91101
Community Features
Curbs, Mountainous, Sidewalks
Senior Community
N

Amenities

Pool
None

Interior

Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
# of Stories
2
Stories
Two

Exterior

Lot Description
36-40 Units/Acre

Additional Information

Date Listed
April 15th, 2024
Days on Market
12
Zoning
PSR3

Listing Details

Agent
Eric Chen
Office
CB RICHARD ELLIS

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of April 29th, 2024 at 6:55pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.