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listing
1 of 31
Residential IncomeFor Sale
$14,000,000
435 N Euclid Avenue
Pasadena, CA 91101
Listed by ERIC CHEN DRE#01489184 [email protected] CB Richard Ellis
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$72,365/mo

7 APPROVED ADUs. 435 N Euclid Avenue is positioned in the highly desirable and vibrant Villa Parke neighborhood of Pasadena. The property is situated between E Villa Street and E Maple Street approximately less than one mile of the 210 Foothill Freeway. 435 N Euclid Avenue is a short distance from the eclectic and historic Old Town Pasadena that features more than 300 businesses that offer a variety of shopping venues, diverse restaurants, and a plethora of entertainment options. The location is also one mile away from the renowned and upscale neighborhood of the Pasadena Playhouse District, which is home to the Pasadena Playhouse Auditorium and several museums, galleries, and popular eateries. The city of Pasadena is ideally located within Southern California Offering easy access to the 210, 134, 110, 2 and 5 freeways connecting to all of Los Angeles County, Ventura County, and beyond. Its location offers convenient access to neighboring cities within the San Gabriel Valley and San Fernando Valley. Significant local landmarks within a 20-mile radius include: The Huntington Library, Brookside Golf Course, The Rose Bowl, Dodger Stadium, Crypto.com Arena, Santa Anita Park, Griffith Observatory, Los Angeles Zoo, Hollywood Walk of Fame, Los Angeles County Arboretum, Hollywood Bowl, Universal Studios, and more.435 N Euclid Avenue is a rare, 2-story, 30-unit property with approvals to develop an additional seven dwelling units. Built in 1965 with renovations recently completed in 2023, the property is situated on a single parcel of land for a total of ±23,268 square feet and a total building size of ±20,988 square feet. The property features an excellent unit mix of one-bed/one-bathroom, two-bedroom/one-bathroom, and two-bedroom/two-bathroom units averaging 700 square feet per unit. The property features renovated exteriors with covered parking, additional storage space, secure gated entry, courtyard with string lights, outdoor seating area and lush, mature landscaping. Units are renovated with stainless steel appliances, gas oven/stove combination with stylish range hoods, recessed lighting, wall air conditioning and heating, laminate wood look vinyl plank flooring, washers and dryers, granite countertops and new modern window cellular shades. The property is in a highly desirable area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange buyer.

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Information courtesy of CB Richard Ellis is subject to verification and is not guaranteed.
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