TURN-KEY, FULLY UPDATED PROPERTY!! Rare offering of 22 units, meticulously maintained, South of Del Mar Blvd. at $267K per unit and 5.34% Cap Rate,....Pride of Ownership just north of San Marino border. The property features UPDATED WINDOWS, ELECTRICAL, & PLUMBING SYSTEMS; REMODELED INTERIORS, Newer roof, refreshed landscaping, and secured on-site gated parking, offering a low-maintenance profile for investors seeking a streamlined, predictable operation. Thoughtful improvements enhance tenant appeal while reducing future capital expenditures. Master metered for electricity, gas and water, making this a perfect candidate to pass-thru utility expenses, trimming expenses and improving cash flow! The unit mix includes 4 spacious 1-bed + 1-bath units and 18 well-designed singles, totaling approximately 8,884 SF (per appraiser) of building area on a 14,600 SF lot. With highly functional layouts and modern finishes throughout, the building boasts units that are always in demand and stands out as an exceptionally pride-of-ownership asset in a supply-constrained submarket.
For sale
$5,875,000
276 S Sierra Madre Blvd, Pasadena, CA 91107
4beds
22baths
--sqft
Est.:
Multi Family
Built in 1956
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Remodeled interiorsHighly functional layoutsUpdated windowsNewer roofWell-designed singlesRefreshed landscapingSecured on-site gated parking
- 1 day |
- 101 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 05:51am
Listed by:
Alexander Metaxas DRE # 01784652 626-313-4901,
Realty Investment Advisors, Inc.,
Benjamin J. Hsiang DRE # 01438644 424-377-6001,
Realty Investment Advisors, Inc.
Source: CLAW,MLS#: 25626927
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 22
Heating
- Heat Pump, Wall Electric
Cooling
- Wall/Window Unit(s), Heat Pump, Electric
Appliances
- Included: Dishwasher, Refrigerator, Range/Oven, Microwave, Central Water Heater
- Laundry: Common Area
Features
- Turnkey, Chair Railings, Crown Molding, Recessed Lighting, Ceiling Fan(s)
- Windows: Double Pane Windows
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Driveway Gate, Gated, Assigned, On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.35 Acres
- Dimensions: 73 x 200
Details
- Additional structures: None
- Zoning: LCR4YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Updated/Remodeled
- Year built: 1956
Community & HOA
Community
- Security: Gated, Automatic Gate
Location
- Region: Pasadena
Financial & listing details
- Tax assessed value: $3,554,993
- Date on market: 12/9/2025
Estimated market value
Not available
Estimated sales range
Not available
$1,942/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Listed for sale | $5,875,000 |
Source: | ||
| 10/25/2018 | Listing removed | $1,475 |
Source: Zillow Rental Manager Report a problem | ||
| 10/16/2018 | Price change | $1,475-4.8% |
Source: Zillow Rental Manager Report a problem | ||
| 9/6/2018 | Price change | $1,550+3.7% |
Source: Zillow Rental Manager Report a problem | ||
| 8/29/2018 | Listed for rent | $1,495+6.8% |
Source: Owner Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$36,695/mo
Principal & interest
$28960
Property taxes
$5679
Home insurance
$2056
Climate risks
Neighborhood: 91107
Nearby schools
GreatSchools rating
- 6/10Hamilton Elementary SchoolGrades: K-5Distance: 0.4 mi
- 2/10Learning Works SchoolGrades: 7-12Distance: 0.6 mi
- 8/10Pasadena High SchoolGrades: 9-12Distance: 1.5 mi
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