275 Garfield Avenue, Pasadena

$6,900,000

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3

Beds

5

Baths

0.57

Acres

About 275 Garfield Avenue

Welcome to 275-285 N Garfield Avenue, a rare multi-parcel investment opportunity nestled in the heart of Pasadena'sprestigious Civic Center District. Spanning two adjacent buildings with a combined total of 35 units, this charming courtyard-style property blends classic Southern California architecture with long-term rental stability. Just steps from Pasadena City Hall, the USC, Pacific Asia Museum, and the Metro Gold Line, this property is a walker's paradise with a 91 Walk Score. Both buildings feature a mixof spacious 1 & 2 bedroom layouts, offering strong in-place cash flow with potential upside through renovation or rent optimization. With high historical occupancy, dedicated parking, andproximity to major employment hubs like Caltech, Kaiser Permanente, and Huntington Hospital, 275-285 N Garfieldrepresents a strategic acquisition in one of Pasadena's most supply-constrained rental markets. Ideal for investors seeking both current income and long-term value appreciation in a prime urban corridor.Multi Family Residential Building, Across 2 APN's2 Level Building20 units in 275 N Garfield Ave19 units 285 N Garfield Ave275 N Garfield Ave 10,331 Sq Ft Living Area285 N Garfield Ave 9,702 Sq Ft Living AreaTotal Living Area Size Across 2 Parcels 20,033 sq ft275 N Garfield Ave 12,266 Sq Ft Lot285 N Garfield Ave 12,748 Sq Ft LotTotal Lot Size Across 2 Parcels 25,014 sq ft26 Combined Surface ParkingBuilt in 1950 & 1955Ideally Situated Near Old Town Pasadena, The PasadenaCourthouse & Central Library, Paseo Colorado and ConvenientAccess to the Major Transportation Routes On Colorado Boulevard and So Much More

Features of 275 Garfield Avenue

MLS® # P1-24031
Price $6,900,000
Bedrooms 3
Bathrooms 5.00
Acres 0.57
Year Built 1955
Type Residential Income
Sub-Type Mixed Use
Status Active

Community Information

Address 275 Garfield Avenue
Area 647 - Pasadena (SW)
Subdivision Not Applicable
City Pasadena
County Los Angeles
Zip Code 91101

Amenities

Parking Spaces 26
Parking Assigned
Garages Assigned
View None
Is Waterfront No
Has Pool Yes
Pool In Ground

Interior

Heating Wall Furnace
Cooling Electric, Wall/Window Unit(s)
Has Basement No
Fireplace No
Fireplaces None
# of Stories 2
Stories Two

Additional Information

Date Listed July 27th, 2025
Days on Market 57
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJae L Buck
OfficeMeridian Capital Realty

Listing Map

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