Properties

Pasadena, CA 91107 48 S Parkwood Avenue

Pending
48 S Parkwood Avenue Pasadena, CA - Image 148 S Parkwood Avenue Pasadena, CA - Image 248 S Parkwood Avenue Pasadena, CA - Image 3
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Presented By: Hovig Dimejian with Berkshire Hathaway Golden Prop; 626-523-3454
  • MLS# AR26026113
  • 02/05/2026
  • Get pre-approved
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  • Baths • 1
  • SQFT • 2,750
  • Garage • 4

Home Details

Excellent Pasadena Fourplex in Prime Location. A rare opportunity to own a well-maintained four-unit property in a highly desirable Pasadena neighborhood. The front house features 3 bedrooms and 2 bathrooms, with a fireplace. Behind the main residence are three separate one-bedroom, one-bath units, all in excellent condition. Each unit offers its own washer and dryer hookups, separately metered for gas and electric, providing convenience for tenants and ease of management for the owner. The property has been consistently well cared for and reflects pride of ownership throughout. Ideally located near public transportation, Pasadena City College, and Caltech, this property is an excellent owner user opportunity to live in the front house and have rental income from the 3 well maintained units. ________________________________________
Presented By: Hovig Dimejian with Berkshire Hathaway Golden Prop; 626-523-3454

Interior Features for 48 S Parkwood Avenue

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesInside, Stacked
Total Stories2

Other Rooms

Entry Level1

General for 48 S Parkwood Avenue

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityPasadena
Community FeaturesStreet Lights, Sidewalks
CountyLos Angeles
DirectionsEast of Allen Ave- south of Colorado Blvd.
Electric Expense
Entry LocationFront
Fuel Expense
Garage Spaces4
Garage Y/NYes
Gross Income109536
Insurance Expense3253
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan
Lot Size Square Feet8167
Lot Size UnitsSquare Feet
MLS Area648 - Pasadena (SE)
MaintenanceExpense2187
Net Operating Income79340
New ConstructionNo
Number Of Units Total4
Operating Expense26735
Pool FeaturesNone
PostalCityPASADENA
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories Count2
Tax Lot6
Taxes$17,400
Total Actual Rent9113
Trash Expense0
Water Sewer Expense1360
Year Built1959
Year Built SourceAssessor

Exterior for 48 S Parkwood Avenue

Building Area Total2750
Lot Features2-5 Units/Acre
Lot Size Acres0.1875
Lot Size Area8167
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Private PoolNo
Total Parking4
Water SourcePublic

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 $1,450,000
MLS#AR26026113
List Date 02/05/2026
Property Type Multi-Family
Phone 888.795.6274
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