For Sale Multi-Family MLS# 26942719

1124 Cordova Street

Pasadena, CA 91106

$2,195,000

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About 1124 Cordova Street

Excellent opportunity to acquire a well-maintained 6-unit multifamily property in a highly desirable Pasadena located in between S. Lake Ave, Caltech and PCC. The property offers an attractive unit mix consisting of two 2-bedroom/1-bath units, three 1-bedroom/1-bath units, and one oversized 1-bedroom/1-bath unit. The property has benefited from numerous significant capital improvements, including brand new roofs in 2026, copper plumbing, some updated windows, recently painted and many interior updates and remodels providing a new owner with a well-maintained asset where many major building components have already been addressed. The location is a standout feature. Situated less than a mile to prime South Lake Avenue corridor, Erewhon market and many dining and shopping options. Even closer are Caltech and Pasadena City College, two of Pasadena's most prominent educational institutions and major employment and housing-demand drivers. With only six units, a strong and desirable unit mix, substantial building improvements, and an excellent Pasadena location, this property represents a compelling opportunity for an investor seeking a very predictable multifamily asset with strong long-term rental demand and appreciation potential in one of Southern California's most desirable rental markets. PLEASE DO NOT DISTURB ANY TENANTS OR WALK AROUND THE PROPERTY

Property details

Property

Type
multi
Living area
4,407 sqft
Price / sqft
$498
Lot
0.1897 ac
List date
Sep 1, 2026

Schools

District
Pasadena Unified School District

Location

Subdivision
South Lake
Neighborhood
South Lake

Location

Neighborhood
South Lake
School district
Pasadena Unified School District

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Listed by Alexander Metaxas, Realty Investment Advisors, Inc.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.