Properties

Pasadena, CA 91107 276 S Sierra Madre Boulevard

276 S Sierra Madre Boulevard Pasadena, CA - Image 1276 S Sierra Madre Boulevard Pasadena, CA - Image 2276 S Sierra Madre Boulevard Pasadena, CA - Image 3
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276 S Sierra Madre Boulevard Pasadena, CA - Image 4276 S Sierra Madre Boulevard Pasadena, CA - Image 5276 S Sierra Madre Boulevard Pasadena, CA - Image 6276 S Sierra Madre Boulevard Pasadena, CA - Image 7276 S Sierra Madre Boulevard Pasadena, CA - Image 8276 S Sierra Madre Boulevard Pasadena, CA - Image 9276 S Sierra Madre Boulevard Pasadena, CA - Image 10276 S Sierra Madre Boulevard Pasadena, CA - Image 11
Presented By: Alexander Metaxas with Realty Investment Advisors, Inc.;
  • MLS# 26642065
  • 01/27/2026
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  • Beds • 4
  • Baths • 18
  • SQFT • 8,884

Home Details

**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.
Presented By: Alexander Metaxas with Realty Investment Advisors, Inc.;

Interior Features for 276 S Sierra Madre Boulevard

Bedrooms

Total Bedrooms4

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths22

Other Interior Features

LivingAreaSourceAppraiser
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Total Stories2

General for 276 S Sierra Madre Boulevard

AppliancesDishwasher, Microwave, Refrigerator
Buyer FinancingCash
Cap Rate6.01
CityPasadena
CountyLos Angeles
DirectionsSouth on Sierra Madre Blvd from Del Mar. East side of street.
Full Baths
Gross Income494040
HOANo
HeatingElectric, Heat Pump
LevelsTwo
Living Area8884
Lot Size Square Feet14600
Lot Size UnitsSquare Feet
MLS Area648 - Pasadena (SE)
Net Operating Income335559
New ConstructionNo
Number Of Units Total22
PostalCityPASADENA
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built1956
ZoningLCR4YY

Exterior for 276 S Sierra Madre Boulevard

Building Area Total8884
Lot Dimensions73x200
Lot Size Acres0.3352
Lot Size Area14600
Lot Size SourceAppraiser
Number of Buildings1
Parking FeaturesAssigned, Concrete, On Street, Side By Side
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $5,585,000
MLS#26642065
List Date 01/27/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
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Request Info
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