380 S Sierra Madre Boulevard

Pasadena CA, 91107


$681.05 per sqft


6,534 sqft


Built in 1951

Listed by Han Chen with Growth Investment Group Pasade 626-594-4900

380 S Sierra Madre Blvd, a value-add 13 units apartment in prime location only 2 blocks from San Marino, and nearby CALTECH, PCC and in south of Colorado Blvd in Pasadena. The property has been very well-maintained with a pride-of-ownership atmosphere. It offers significant upside potential and ample opportunities for other improvements such as adding ADUs (buyer to verify). The property has an assumable loan with low 3.84% interest rates which is fixed until March 2027 and has Interest Only payment until March 2025. Buyers may be able to add 3 Additional Dwelling Units (ADUs) on where the carport is (buyer to verify). The property was built in 1951 and has had multiple recent capital improvements such as brand-new exterior paint that was completed in 2021, security system in common area, updated electrical (buyer to verify), and double pane windows. It is situated on a large 11,130 SF R4 zoned lot which provides future development potential and clear potential to add Additional Dwelling Units (ADU – Buyer to verify). The community is a garden style two-story building with secured entrance and covered parking. It has well-manicured landscaping in the front and courtyard area. It offers desirable unit mix of two (2) x 2bedroom+1bathroom, seven (7) x 1bedroom+1bathroom, and four (4) x Studio units. Each unit has an excellent layout with some units that have been updated with granite kitchen countertops, laminate wood plank flooring, mirrored closet doors, and double pane windows. Each unit has an individual water heater, bay windows in the kitchen area, and individually metered for electricity and gas. Most of the units are on month-to-month rental agreement (buyer to verify), and current rents are below market. Some units have separate parking agreements for parking fees which provides the opportunity to capture some of those upsides (buyer to verify). There are 26 parking spaces which are provided by a detached carport for 12 cars + 12 tandem spaces and 2 open spaces. Investors may be able to add ADUs in the parking area (buyer to verify). The property is separately metered for electricity and gas. It has a shared laundry room with seller own machines. The property is in the highly desirable area of Pasadena just several blocks south of Colorado Blvd and minutes away from The Huntington Library in San Marino, California Institute of Technology, and Pasadena City College.



July 31, 2023


September 9, 2023



380 S Sierra Madre Boulevard
Pasadena CA, 91107

Interior Features

Total Stories



Gas Range

Laundry Description

Common Area

Floor Description

Laminate, Vinyl, Wood



Fireplace Description




Cooling Description

High Efficiency, Wall/Window Unit(s)



Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.26 acres

Lot Features

Landscaped, Level, Near Public Transit, Rectangular Lot, Street Level


Public Sewer

Other Property Details

Days on Market


Association Amenities





Assigned, Detached Carport, Tandem, Uncovered

Parking Total





Los Angeles

Water Source




Pool Features


Listing Contact: 626-594-4900 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/9/2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/9/2023 at 4:16 AM UTC


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