34.147175 -118.111491
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Listed by Compass, TONY MA. 626-759-4812

MLS Source logo

56 N ParkwoodPasadena, CA 91107

Active
$1,650,000
0 SqFt

Prime Pasadena Multifamily Investment Opportunity! Located at 56 N. Parkwood Avenue, this five-unit Pasadena multifamily property features an attractive unit mix of 2 (2BD/1BA) units and 3 (1BD/1BA) units. Two of the 1-bedroom, 1-bathroom units is currently vacant and available for rent, providing immediate upside potential for investors and owner-users alike. A floor plan and interior photos of the vacant unit are included, allowing prospective buyers to evaluate the layout, condition, and rental potential. Ideally situated near Caltech, Pasadena City College, Huntington Hospital, Old Town Pasadena, and the South Lake Avenue shopping and dining district, the property benefits from strong rental demand and convenient access to major employment centers, public transportation, parks, and entertainment. Whether you're seeking stable cash flow, future rental growth, or a long-term hold in a high-demand market, this Pasadena multifamily property offers an exceptional investment opportunity. With its desirable unit mix, prime location, and immediate leasing opportunity, 56 N. Parkwood Avenue is well-positioned for both current income and long-term appreciation. Don't miss this chance to own a five-unit Pasadena investment property with strong fundamentals and significant upside potential.


FACTS & FEATURES

  • Property Type:
    Residential Income
  • Architectural Style:
  • Bedrooms:
  • Bathrooms:
  • Dwelling Size:
    0 SqFt
  • Lot Size:
    0.19 Acres
  • Lot Description:
  • Stories:
  • Year Built:
    1953
  • Interior Features:
  • Exterior Features:
  • Parking:

    Garage or Parking Spaces: 2
    Features: Street, Assigned
  • Area:
    648 - Pasadena (SE)
  • Views:
  • Schools:
  • HOA:
  • Senior Community:
    False
  • Heating:
    Wall Furnace
  • Cooling:
    Wall/Window Unit(s)
  • Appliances:
  • Fireplace:
    Fireplace(s):
    Features: None
  • Accessibility:
  • Security Features:
  • Foundation:
  • Roof:

LOCATION


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Listing Office: Compass. Listing Agent: TONY MA. Listing ID: WS26119724

Last Updated June 8, 2026 11:08 AM
Data last checked against CRMLS on June 10, 2026 6:37 AM

Based on information from California Regional Multiple Listing Service, Inc. as of June 10, 2026 6:37 AM and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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