276 S Sierra Madre Boulevard, Pasadena, CA 91107

  • $5,585,000
276 S Sierra Madre Boulevard
ResidentialIncome Active
276 S Sierra Madre Boulevard, Pasadena, CA 91107
276 S Sierra Madre Boulevard
  • $5,585,000

Overview

Property ID: HZ26642065
  • 4
  • Bedrooms
  • 22
  • Bathrooms
  • 8884
  • Sq Ft
  • 1956
  • Year Built

Description

**BROKERS LOOK AT AGENT REMARKS**. 6% CAP RATE, TURN-KEY PROPERTY! We are pleased to present this 22-unit multi-family property that has undergone extensive updating and renovation. A turn-key investment with a 6% Cap Rate, on the south side of Pasadena. Significant capital improvements include updated electrical, plumbing, drain lines, windows, doors and driveway/parking. The unit mix consists of 4 large 1-bed + 1-bath units and 18 Singles/1-bath with full size kitchens. All units have been renovated to include laminate or vinyl flooring, granite countertops, new cabinets, renovated bathrooms, stainless steel appliances and updated heat/AC systems. Tenants enjoy gated parking and a secure on-site laundry room. The property is meticulously maintained and managed by the ownership. Thoughtful and strategic property improvements enhance tenant appeal and rentability as well as reducing near-term capital expenditure exposure. The unit mix offers high rentability and flexibility in a dynamic rental market. Located not far from CalTech, PCC and the city of San Marino help make the location desired and convenient.

  • Address Sierra Madre
  • City Pasadena
  • State/county Los Angeles
  • Zip/Postal Code 91107

Details

Updated on February 18, 2026 at 1:08 am
  • Property ID: HZ26642065
  • Price: $5,585,000
  • Property Size: 8884 Sq Ft
  • Bedrooms: 4
  • Bathrooms: 22
  • Year Built: 1956
  • Property Status: ResidentialIncome
  • Listed by: Alexander Metaxas
  • DRE #: 01784652
  • Contact Mail: ametaxas@riacre.com
  • Brokered by: Realty Investment Advisors, Inc.

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