Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
8 Beds
6 Baths
4,407 sqft

$2,195,000

1124 Cordova Street, Pasadena CA, 91106

Price per sqft$498.07
Property size4,407 sqft
Property typeResidential
Listed by Alexander Metaxas CA DRE# 01784652 with Realty Investment Advisors, Inc. 6264874300

Overview

Active

Listed Sep 1, 2026

Updated 3 weeks ago

Excellent opportunity to acquire a well-maintained 6-unit multifamily property in a highly desirable Pasadena located in between S. Lake Ave, Caltech and PCC. The property offers an attractive unit mix consisting of two 2-bedroom/1-bath units, three 1-bedroom/1-bath units, and one oversized 1-bedroom/1-bath unit. The property has benefited from numerous significant capital improvements, including brand new roofs in 2026, copper plumbing, some updated windows, recently painted and many interior updates and remodels providing a new owner with a well-maintained asset where many major building components have already been addressed. The location is a standout feature. Situated less than a mile to prime South Lake Avenue corridor, Erewhon market and many dining and shopping options. Even closer are Caltech and Pasadena City College, two of Pasadena's most prominent educational institutions and major employment and housing-demand drivers. With only six units, a strong and desirable unit mix, substantial building improvements, and an excellent Pasadena location, this property represents a compelling opportunity for an investor seeking a very predictable multifamily asset with strong long-term rental demand and appreciation potential in one of Southern California's most desirable rental markets. PLEASE DO NOT DISTURB ANY TENANTS OR WALK AROUND THE PROPERTY

$14,603/mo

Est. mortgage payment based on a $2,195,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26942719

Interior Features

Bedrooms
8
Bathrooms
6
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.19 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Alexander Metaxas CA DRE# 01784652 with Realty Investment Advisors, Inc. 6264874300

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/10/2026 at 3:14 AM UTC Last Checked: 3:14 AM UTC

 

 

Powered by Luxury Presence