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The subject property is a five-unit, pride-of-ownership apartment complex in an ~~~A+~~~ Pasadena location.The seller recently invested over $170,000 in upgrades, including electrical, windows, kitchens, bathrooms, HVAC and roof. A detailed description and photos of the upgrades is included in the marketing package.The property consists of two one-bedroom/one-bath and two two-bedroom/one-bath units in the main building and a studio unit over the carport area. The units include hardwood floors and many attractive architectural details. The complex also includes five carport parking spaces and a laundry room.The prestigious Madison Heights neighborhood is comprised of many high end single family homes and is only blocks from the Lake Avenue commercial corridor, California Institute of Technology (Caltech) and the world-class Langham Hotel and Spa.This is a rare opportunity to purchase an income property, in excellent condition, located in this exclusive Pasadena neighborhood.
Listing agent: Barry Gordon DRE #00925711 barry.gordon@marcusmillichap.com, Listing office: Marcus & Millichap
MLS data updated 10/20/2026, 12:59:28 AM PT
Source: CRMLS, MLS #: 12581263
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 26, 2012
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 91106 · Oct 2026
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
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