276 S Sierra Madre Blvd, Pasadena, CA 91107
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276 S Sierra Madre Blvd, Pasadena, CA 91107
276 S Sierra Madre Blvd, Pasadena, CA 91107
276 S Sierra Madre Blvd, Pasadena, CA 91107
276 S Sierra Madre Blvd, Pasadena, CA 91107
Gabriel Carrasco
Gabriel Carrasco

Agent | License ID: DRE# 02229520

+1(424) 422-6029

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$ 5,500,000

$ 5,585,000 1.5%

Est. payment /mo
Sold on 05/08/2026

276 S Sierra Madre Blvd Pasadena, CA 91107

4 Beds

22 Baths

8,884 SqFt

UPDATED:

Key Details

Sold Price $5,500,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 8,884 sqft

Price per Sqft $619

MLS Listing ID 26642065

Sold Date 05/08/26

Bedrooms 4

Year Built 1956

Lot Size 0.335 Acres

Acres 0.3475

Property Sub-Type Multi-Family

Property Description

6% CAP RATE, TURN-KEY PROPERTY! We are pleased to present this 22-unit multi-family property that has undergone extensive updating and renovation. A turn-key investment with a 6% Cap Rate, on the south side of Pasadena. Significant capital improvements include updated electrical, plumbing, drain lines, windows, doors and driveway/parking. The unit mix consists of 4 large 1-bed + 1-bath units and 18 Singles/1-bath with full size kitchens. All units have been renovated to include laminate or vinyl flooring, granite countertops, new cabinets, renovated bathrooms, stainless steel appliances and updated heat/AC systems. Tenants enjoy gated parking and a secure on-site laundry room. The property is meticulously maintained and managed by the ownership. Thoughtful and strategic property improvements enhance tenant appeal and rentability as well as reducing near-term capital expenditure exposure. The unit mix offers high rentability and flexibility in a dynamic rental market. Located not far from CalTech, PCC and the city of San Marino help make the location desired and convenient.

Location

State CA

County Los Angeles

Area Pasadena Se

Zoning LCR4YY

Rooms

Other Rooms None

Interior

Heating Heat Pump, Electric

Cooling Wall Unit(s)

Equipment Dishwasher, Ceiling Fan, Refrigerator, Range/Oven, Microwave

Exterior

Parking Features On street, Driveway Gate, Side By Side, Assigned, Driveway - Concrete

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Realty Investment Advisors, Inc.
Bought with First Team Real Estate
Gabriel Carrasco

Gabriel Carrasco

Agent | License ID: DRE# 02229520

+1(424) 422-6029

GET MORE INFORMATION

Name
Phone*
Message

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276 S Sierra Madre Blvd