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31591427
31591428

53 S Roosevelt, Pasadena, CA 91107

KK
In Realty Inc.
Listed by In Realty Inc.
$2,150,000
68 days on market
Updated 66 days ago

53 S Roosevelt

Details
APN 5747006049
Property Type Multifamily
Sub Type Apartment Building
Units 4
Buildings 4
Acreage 0.258
Zoning Assessor

Multifamily | 4 Units

Marketing description

Location, Location, Location! Rare opportunity to own a 4-unit compound of fully detached homes in one of Pasadenas most desirable residential pockets, just south of Colorado Blvd. Situated on an expansive 11,256 SF lot, the property offers approximately 4,350 SF of living space with an ideal layout for both end-users and investors. The front residence features 3 bedrooms and 2 bathrooms, while the rear homes each offer 2 bedrooms and 1 bathroom, all with functional layouts, high ceilings, and abundant natural light. Separate electric and gas meters, shared laundry, and covered parking provide convenience and operational efficiency. Surrounded by well-maintained homes and set along a wide, tree-lined street, the property offers a quiet, comfortable environment with strong neighborhood appeal - a rare blend of lifestyle and investment fundamentals. Zoned RM-32, this property presents exceptional redevelopment potential for higher-density new construction (buyer to verify). The large lot further enhances its appeal with ADU and value-add opportunities, making it equally attractive to developers seeking long-term upside. A unique offering that seamlessly combines current income, future development potential, and a premier Pasadena location opportunities like this are rarely available.
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Listing Contacts

KK
In Realty Inc.
Listed by In Realty Inc.

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