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Listed by Handoko Chen • Growth Investment Group Pasade
$ 1,850,000
Est. payment /mo
Active
405 N Euclid Avenue Pasadena, CA 91101
3,684 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,684 sqft
Price per Sqft $502
MLS Listing ID CRAR25185115
HOA Y/N No
Year Built 1898
Lot Size 0.267 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
Prime 3-units + 2 NEW ADUs near Old Town Pasadena, Very Well Maintained, High 5.55% CAP Rate w/ 6.94% Proforma CAP Rate, 1 unit can be delivered vacant, Large Lot, Excellent Location with Superb Demographics. Growth Investment Group California is proud to offer 405 N Euclid Ave, a very attractive Triplex + 2 brand New ADUs investment property only several blocks north of Old Town Pasadena. The property consists of a charming 2 story bungalow building (3 units) and a garage that was converted into 2 brand new ADUs. It is situated on a large ±11,630 SF lot. It offers an excellent unit mix of one (1) x 3bedroom+2bathroom, one (1) x 2bedroom+1bathroom, and three (1) x 1bedroom+1bathroom unit. Due to its configuration, it will be very easy for the new owner to convert the 1bedroom unit into a 2bedroom unit (buyer to verify). The 2 new ADU units were built in 2025. The front building was built in 1898 and has charming architecture with brand new exterior painting and brand-new landscaping. The ground floor unit has a high ceiling. The 2nd floor 3bedroom will be vacant by end of December 2025, will be upgraded and can be delivered vacant by January 2026. It has a large kitchen with separate dining room and breakfast counter, and an under-utilized attic space. One of the front 3 units h
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Vinyl, Wood
Fireplace No
Appliance Dryer
Laundry Dryer, Washer, Other
Exterior
View City Lights
Building
Lot Description Level, Other, Front Yard
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