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Listed by: Enrique Lizarazu (626) 639-1683 DRE #00691382 | COMPASS (626) 205-4040
$1,000,000
5 Beds
5 Baths
--sqft
1156 Steuben, Pasadena, CA 91106
$1,000,000
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Duplex
Built in 1905
$-- HOA
6,807 sqft lot
--/sqft
Description
Unique investment opportunity in the heart of Pasadena—perfectly situated within walking distance to Colorado Boulevard, Pasadena City College, and Caltech. This property, zoned RM48, offers significant development potential in one of the most desirable and transit-accessible neighborhoods in the city. While the tax records show the property as a duplex, it is currently operating with five income-generating units. With an attractive Gross Rent Multiplier and Cap Rate, this asset allows you to collect income immediately while submitting plans for new construction or redevelopment. Additional property highlights include: Common laundry facility / Two water heaters/One elect...
Continue Reading- Houzeo last checked: 40 Minutes ago
- Listing updated: December 3, 2025 at 6:25 pm
- Source: California Regional MLS-CA | MLS#: PF25256939
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1905
HOA Fees
-
Finished Area
- sqft
Lot Size
6,807 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PF25256939
MLS Status
Active
Days on Market
22
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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