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$1,025,000
New Listing
1156 Steuben StreetPasadena, CA 91106
For Sale|Land|Active
County:
Los Angeles
Listed by Enrique Lizarazu of COMPASS [email protected]
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Monthly Payment (Est.)
$4,676Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
Unique investment opportunity in the heart of Pasadena—perfectly situated within walking distance to Colorado Boulevard, Pasadena City College, and Caltech. This property, zoned RM48, offers significant development potential in one of the most desirable and transit-accessible neighborhoods in the city. While the tax records show the property as a duplex, it is currently operating with five income-generating units. With an attractive Gross Rent Multiplier and Cap Rate, this asset allows you to collect income immediately while submitting plans for new construction or redevelopment.
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Listing Snapshot
Price
$1,025,000
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1563 Acres
Year Built
N/A
MLS® Number
PF25150795
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 22 hours ago | Listing first seen on site | |
| 22 hours ago | Listing updated with changes from the MLS® |
General Features
Acres
0.1563
Additional Property Use
Multi-Family
Disclosures
RentControl
Sewer
Public Sewer
Utilities
Sewer Connected
Water Source
Public
Zoning
PSR4
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Exterior Features
Lot Features
LevelRectangular Lot
Road Frontage
City Street
View
None
Waterview
None
Community Features
Community Features
CurbsStreet LightsSidewalks
Financing Terms Available
Cash
MLS Area
648 - Pasadena (SE)
Roads
Paved
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. The 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.
Neighborhood & Commute
Source: Walkscore
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