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Listed by Handoko Chen • Growth Investment Group Pasade
$1,850,000
Est. payment /mo
0.27 Acres Lot
Active
405 409 N Euclid AVE Pasadena, CA 91101
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR25185115
Style Craftsman
Year Built 1898
Lot Size 0.267 Acres
Source California Regional MLS
Property Description
Prime 3-units + 2 NEW ADUs near Old Town Pasadena, Very Well Maintained, High 5.55% CAP Rate w/ 6.94% Proforma CAP Rate, 1 unit can be delivered vacant, Large Lot, Excellent Location with Superb Demographics. Growth Investment Group California is proud to offer 405 N Euclid Ave, a very attractive Triplex + 2 brand New ADUs investment property only several blocks north of Old Town Pasadena. The property consists of a charming 2 story bungalow building (3 units) and a garage that was converted into 2 brand new ADUs. It is situated on a large ±11,630 SF lot. It offers an excellent unit mix of one (1) x 3bedroom+2bathroom, one (1) x 2bedroom+1bathroom, and three (1) x 1bedroom+1bathroom unit. Due to its configuration, it will be very easy for the new owner to convert the 1bedroom unit into a 2bedroom unit (buyer to verify). The 2 new ADU units were built in 2025. The front building was built in 1898 and has charming architecture with brand new exterior painting and brand-new landscaping. The ground floor unit has a high ceiling. The 2nd floor 3bedroom will be vacant by end of December 2025, will be upgraded and can be delivered vacant by January 2026. It has a large kitchen with separate dining room and breakfast counter, and an under-utilized attic space. One of the front 3 u
Location
State CA
County Los Angeles
Area 647 - Pasadena (Sw)
Rooms
Kitchen Dishwasher, Garbage Disposal, Oven Range - Gas
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Flooring Laminate
Laundry Gas Hookup, 30, Washer, Washer/Dryer - Owned, Dryer
Exterior
Parking Features Assigned Spaces
Garage Spaces 5.0
Pool 31, None
View City Lights
Building
Lot Description Grade - Level
Foundation Raised, Concrete Slab
Water District - Public
Architectural Style Craftsman
Others
Tax ID 5725031014
Special Listing Condition Not Applicable
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