Contact Xavier Gomez
Schedule A Showing
31 Parkwood , Pasadena, CA 91107
Priced at Only: $5,100,000
For more Information Call
Address: 31 Parkwood , Pasadena, CA 91107
Property Location and Similar Properties
- MLS#: SB25268517 ( Commercial/Residential )
- Street Address: 31 Parkwood
- Viewed: 2
- Price: $5,100,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1958
- Bldg sqft: 0
- Days On Market: 58
- Additional Information
- County: LOS ANGELES
- City: Pasadena
- Zipcode: 91107
- Provided by: Lyon Stahl Investment Real Estate, Inc.
- Contact: Brett Brett

- DMCA Notice
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Description12 unit building (12 legal Studios converted to 1 bed layouts, Total Sq. Ft. 4,608) at 1837 E Colorado Blvd (APN: 5746 017 030, Lot Size 8,997) and an 8 unit building (1 three bed two bath and 7 one bed one bath units, Total Sq. Ft. 5,322) at 31 N Parkwood Ave (APN: 5746 017 092, Lot Size 10,103). Both properties are being sold together and concurrently as one combined 20 unit portfolio. These well maintained buildings are located near Pasadena City College with strong current cashflow and consistent renter demand. The Colorado Blvd property features recently renovated units where all studios were converted into functional 1 bed layouts, along with updated interiors and improved efficiency. The Parkwood building offers a balanced mix of larger floorplans and stable tenancy. Both assets share onsite parking, landscaping, and operational efficiency. This 20 unit portfolio provides an excellent opportunity for an investor seeking steady income in a high demand Pasadena rental corridor. Pasadena is one of the most recognized and desirable cities in Los Angeles County and is known for its strong rental market, centralized location, public transportation access, employment base, and popular local amenities where tenants can live, work, and play locally.
Features
Building Area Total
- 9930.00
Carport Spaces
- 8.00
Commoninterest
- None
Common Walls
- 2+ Common Walls
Country
- US
Days On Market
- 54
Entry Location
- Front Gate
Garage Spaces
- 2.00
Gardner Expense
- 1800.00
Insurance Expense
- 12413.00
Laundry Features
- Community
Lot Features
- 6-10 Units/Acre
Netoperatingincome
- 306279.00
Newtaxesexpense
- 61702.00
Otherexpense
- 24400.00
Otherexpensedescription
- Utility
Parcel Number
- 5746017092
Pool Features
- None
Professionalmanagementexpense
- 29160.00
Property Type
- Commercial/Residential
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 452782199:CRM
Totalexpenses
- 148217.00
Trash Expense
- 0.00
Uncovered Spaces
- 12.00
Vacancyallowance
- 14057
Water Sewer Expense
- 0.00
Water Source
- Public
Year Built
- 1958
Year Built Source
- Public Records
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com














