1124 Cordova StreetPasadena, CA 91106

Description

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, 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

Property Information

Property type

Residential Income

Style

CapeCod

Stories

2

Living area

4,407 Sq Ft

Lot size

0.19 acres

Lot dimensions

60x130

Zoning

PSR4

Days on market

33

MLS^® Listing#

26942719

Property Features

Appliances

Microwave

Heating

Wall Furnace

Parking

Concrete

Financial Details

HOA

None

Parcel number

5735016006

Directions

South side of Cordova in between Wilson Ave & Michigan Ave