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Tafoya Real Estate

tafoyarealestate@gmail.com +1(559) 765-4220

$ 2,850,000

Est. payment -/mo

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960 N Los Robles AVE Pasadena, CA 91104

9 Beds

9 Baths

4,987 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,987 sqft

Price per Sqft $571

MLS Listing ID 25533743

Bedrooms 9

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1965

Lot Size 7,744 Sqft

Property Description

This amazing piece of real estate is a rare find: it's a great investment property that is also an excellent owner-user opportunity in prime Pasadena. Perfect for a family that wants to live in a beautiful residential neighborhood and collect rents to build massive equity. Welcome to 960 Los Robles Avenue an extraordinary Mid-Century fourplex located just steps from the charming and historic Bungalow Heaven neighborhood, and only minutes from the legendary Rose Bowl, Old Town Pasadena, and the many cultural, dining, and recreational highlights that make this city one of Southern California's most desirable places to live. This spacious four-unit property offers nearly 5,000 square feet of living space on a 7,741 square foot lot and delivers the perfect combination of immediate income and long-term potential. Whether you're a seasoned investor seeking turnkey cash flow or a homeowner looking to offset your mortgage with rental income, this is a rare opportunity in a truly unbeatable location. Three of the four units each consisting of two bedrooms and two bathrooms have been extensively and thoughtfully renovated. The updates include modern kitchens and bathrooms, new flooring, updated plumbing and electrical systems, double-pane windows, and brand new appliances. These units are currently rented at market rates, providing solid monthly income from day one. The largest unit, a spacious three-bedroom, two-bath residence, has not yet been remodeled and is ideal for an owner-user. With its generous layout, high ceilings, and abundant natural light, this unit is a blank canvas waiting for a personal touch. It offers the opportunity to design a dream home while still benefiting from the income of the other three units. Additional amenities throughout the property include separate utility meters for each unit, three new tankless water heaters, exterior security cameras, and a beautifully designed outdoor patio area that add value and enjoyment for the resident. A private storage area near the carport provides added convenience, and the ample off-street parking makes the property even more attractive to residents. Situated in a neighborhood known for its character and history, where surrounding Craftsman and historic homes often sell for well over a million dollars easily, this property stands out as a smart investment in an appreciating area. The tree-lined streets, architectural charm, and community pride make this location both livable and valuable. Don't miss your chance to own a high-performing property with unmatched versatility and upside in one of Pasadena's most treasured neighborhoods. Whether your goal is to build long-term wealth, secure passive income, or plant roots in a vibrant community, 960 Los Robles Avenue offers an exceptional opportunity to make it happen. Seller may do a 1031 Tax Deferred exchange with no expense to the buyer.

Location

State CA

County Los Angeles

Area 646 - Pasadena (Ne)

Zoning PSR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Refrigerator, Vented Exhaust Fan, Washer

Laundry Stacked

Exterior

Parking Features Concrete, Carport

Pool None

View Y/N Yes

View City Lights

Roof Type Composition,Shingle

Porch Deck

Total Parking Spaces 4

Private Pool No

Building

Faces West

Entry Level Two

Sewer Other

Architectural Style Contemporary

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5730012006

Acceptable Financing Cash, Conventional, Fannie Mae, Freddie Mac

Listing Terms Cash, Conventional, Fannie Mae, Freddie Mac

Financing Cash,Conventional

Special Listing Condition Standard

Listed by James Ward • Forward Real Estate

Tafoya Real Estate

Broker | License ID: 01493993

+1(559) 765-4220

Tafoya Real Estate

960 N Los Robles AVE Pasadena, CA 91104

Key Details

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Interior

Exterior

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960 N Los Robles AVE