Skip to main content

Stacey Alysson Melman

1124 Cordova ST
Pasadena, CA, 91106
$2,195,000
8 Beds
6 Baths
4,407 SqFt
0.19 Acres
Add
MLS #26942719 image #0
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
AGENT: Alexander Metaxas
LISTING BROKERAGE: Realty Investment Advisors, Inc.
1124 Cordova ST
Pasadena, CA

Property Details

Price:
$2,195,000
MLS #:
26942719
Status:
Active
Beds:
8
Baths:
6
Type:
Single Family
Neighborhood:
648pasadenase
Listed Date:
Sep 1, 2026
Finished Sq Ft:
4,407
Total Sq Ft:
4,407
Lot Size:
8,265 sqft / 0.19 acres (approx)
Cape Cod648 – Pasadena (se)648pasadenase
Ask a Question

See this Listing

Send
  

Schools

Interior

Appliances
MW
Heating
WL
Levels
U

Exterior

Architectural Style
CPC

Financial

Gross Operating Income
$148,794
Net Operating Income
$92,887

Map

Community

Similar Listings Nearby

broker reciprocity
MLS# AR26119886broker reciprocity
425 N Raymond AV
Pasadena, CA

$2,850,000

1.5 miles away

broker reciprocity
MLS# WS26129206broker reciprocity
5428 Temple City BL
Temple City, CA

$2,850,000

5.0 miles away

broker reciprocity
MLS# P1-27733broker reciprocity
1537 E Topeka ST
Pasadena, CA

$2,800,000

2.3 miles away

broker reciprocity
MLS# AR26163161broker reciprocity
1171 Huntington DR
South Pasadena, CA

$2,780,000

3.3 miles away

broker reciprocity
MLS# 26860637broker reciprocity
1205 Eagle Vista DR
Los Angeles, CA

$2,775,000

3.6 miles away

broker reciprocity
MLS# P1-28593broker reciprocity
1095 Linda Glen DR
Pasadena, CA

$2,775,000

2.8 miles away

broker reciprocity
MLS# AR26196810broker reciprocity
146 N Holliston
Pasadena, CA

$2,758,000

0.5 miles away

broker reciprocity
MLS# TR26181849broker reciprocity
2365 Adair
San Marino, CA

$2,750,000

2.1 miles away

broker reciprocity
MLS# P1-28669broker reciprocity
2968 Gainsborough DR
San Marino, CA

$2,750,000

2.2 miles away