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23 Mahogany Irvine CA 92620 | MLS #OC26106651

1299 E Green ST Pasadena CA 91106 | MLS #26865683

MLS #26865683 image #0
Green Street Apartments presents a rare value-add investment opportunity in Pasadena, comprising 90 residential units and approximately 1,500 square feet of street-front retail. The property features structured parking, a swimming pool, fitness center and resident amenities while generating established in-place cash flow. The residential units are subject to affordability requirements. Current ownership is renovating units and achieving approximately $200 per month in additional rent within applicable regulatory limits, demonstrating further upside through continued unit renovations, modernization of common areas, ancillary revenue growth and operating efficiencies. Danbi Coffee, a beloved specialty cafe known for its minimalist design, curated coffee program, and serene atmosphere. With several locations across Southern California, Danbi Coffee brings a refined and welcoming presence to the neighborhood, serving as a community gathering spot and enhancing the property’s cultural and commercial appeal.Pasadena itself is a city celebrated for its cultural richness and historic charm. Home to the world-famous Rose Bowl Parade, held every New Year’s Day, Pasadena draws thousands to witness the pageantry of elaborate floats and musical performances. Beyond the festivities, Colorado Boulevard serves as a vibrant commercial corridor, lined with boutiques, cafes, and one-of-a-kind shops that reflect the city’s eclectic spirit.
Current real estate data for Single Family in Pasadena as of Sep 06, 2026
317
Single Family Listed
60
Avg DOM
508
Avg $ / SqFt
$1,833,317
Avg List Price

Property Details

Price:
$25,000,000
MLS #:
26865683
Status:
Active
Beds:
0
Baths:
91
Type:
Single Family
Neighborhood:
648pasadenase
Listed Date:
Aug 6, 2026
Finished Sq Ft:
62,683
Total Sq Ft:
62,683
Lot Size:
25,668 sqft / 0.59 acres (approx)
Year Built:
2009
648 – Pasadena (se)648pasadenase

Schools

Interior

Appliances
GD, MW, RF
Heating
CF
Levels
C

Exterior

Parking Spots
56
Parking Total
56
Spa Features
COM

Financial

Gross Operating Income
$2,049,817
Net Operating Income
$1,477,784

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Property Summary

    1299 E Green ST Pasadena CA is a Single Family for sale in Pasadena, CA, 91106. It is listed for $25,000,000 and features 0 beds, 91 baths, and has approximately 62,683 square feet of living space, and was originally constructed in 2009. The current price per square foot is $399. The average price per square foot for Single Family listings in Pasadena is $508. The average listing price for Single Family in Pasadena is $1,833,317. To schedule a showing of MLS#26865683 at 1299 E Green ST in Pasadena, CA, contact your agent at 8189391841.

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Pasadena, CA