56 N Parkwood Pasadena, CA 91107
Listing Courtesy of: CRMLS / Listed By: Tony Ma, Compass - Contact:  626-759-4812

  56 N Parkwood Pasadena, CA 91107

Active
$1,650,000 (USD)

Description

Prime Pasadena Multifamily Investment Opportunity! Located at 56 N. Parkwood Avenue, this five-unit Pasadena multifamily property features an attractive unit mix of 2 (2BD/1BA) units and 3 (1BD/1BA) units. Two of the 1-bedroom, 1-bathroom units is currently vacant and available for rent, providing immediate upside potential for investors and owner-users alike. A floor plan and interior photos of the vacant unit are included, allowing prospective buyers to evaluate the layout, condition, and rental potential. Ideally situated near Caltech, Pasadena City College, Huntington Hospital, Old Town Pasadena, and the South Lake Avenue shopping and dining district, the property benefits from strong rental demand and convenient access to major employment centers, public transportation, parks, and entertainment. Whether you're seeking stable cash flow, future rental growth, or a long-term hold in a high-demand market, this Pasadena multifamily property offers an exceptional investment opportunity. With its desirable unit mix, prime location, and immediate leasing opportunity, 56 N. Parkwood Avenue is well-positioned for both current income and long-term appreciation. Don't miss this chance to own a five-unit Pasadena investment property with strong fundamentals and significant upside potential.

MLS #:
WS26119724
Lot Size
8,421 SQFT
Type
Multifamily
Year Built
1953
County
Los Angeles County

Listed By

Tony Ma, Compass, Contact: 626-759-4812
Source
CRMLS
Last checked Jun 3 2026 at 9:09 PM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Washer Hookup
  • Laundry: Gas Dryer Hookup
Lot Information
  • Front Yard
  • Rectangular Lot
Heating and Cooling
  • Wall Furnace
  • Wall/Window Unit(s)
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Assigned
  • On Street
Stories
  • 1
Additional Information: Compass | 626-759-4812
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {6/3/26 14:09} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.