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276 S Sierra Madre BL Pasadena CA 91107 MLS #26642065

276 S Sierra Madre BL Pasadena CA 91107 MLS #26642065

MLS #26642065 image #0
**BROKERS LOOK AT AGENT REMARKS**. 6% CAP RATE, TURN-KEY PROPERTY! We are pleased to present this 22-unit multi-family property that has undergone extensive updating and renovation. A turn-key investment with a 6% Cap Rate, on the south side of Pasadena. Significant capital improvements include updated electrical, plumbing, drain lines, windows, doors and driveway/parking. The unit mix consists of 4 large 1-bed + 1-bath units and 18 Singles/1-bath with full size kitchens. All units have been renovated to include laminate or vinyl flooring, granite countertops, new cabinets, renovated bathrooms, stainless steel appliances and updated heat/AC systems. Tenants enjoy gated parking and a secure on-site laundry room. The property is meticulously maintained and managed by the ownership. Thoughtful and strategic property improvements enhance tenant appeal and rentability as well as reducing near-term capital expenditure exposure. The unit mix offers high rentability and flexibility in a dynamic rental market. Located not far from CalTech, PCC and the city of San Marino help make the location desired and convenient.
Current real estate data for Single Family in Pasadena as of Apr 06, 2026
340
Single Family Listed
59
Avg DOM
463
Avg $ / SqFt
$1,512,080
Avg List Price

Property Details

Price:
$5,585,000
MLS #:
26642065
Status:
Active
Beds:
4
Baths:
22
Type:
Single Family
Neighborhood:
648pasadenase
Listed Date:
Jan 27, 2026
Finished Sq Ft:
8,884
Total Sq Ft:
8,884
Lot Size:
14,600 sqft / 0.34 acres (approx)
Year Built:
1956
648 – Pasadena (se)648pasadenase

Schools

Interior

Appliances
DW, MW, RF
Heating
ELC, HP
Interior Features
CF
Levels
U

Exterior

Financial

Gross Operating Income
$479,219
Net Operating Income
$335,559

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Subdivisions in Pasadena

Property Summary

    276 S Sierra Madre BL Pasadena CA is a Single Family for sale in Pasadena, CA, 91107. It is listed for $5,585,000 and features 4 beds, 22 baths, and has approximately 8,884 square feet of living space, and was originally constructed in 1956. The current price per square foot is $629. The average price per square foot for Single Family listings in Pasadena is $463. The average listing price for Single Family in Pasadena is $1,512,080. To schedule a showing of MLS#26642065 at 276 S Sierra Madre BL in Pasadena, CA, contact your agent at 8189391841.

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