Backup offers
#CV24210883, ERIC CHEN, Listing Office: CB RICHARD ELLIS
259 N Euclid Ave Pasadena, CA 91101
$6,800,000 List price
0.3 acres
Condo
Property details
About 259 N Euclid Ave
An Irreplaceable location only 2 properties away from Courthouse and City Hall. A prime 23-unit value-add multifamily investment opportunity located in one of the best areas in Pasadena. Situated in the Civic Center District and several properties away from the Pasadena Courthouse and City Hall, this property offers a SUPERB and unbeatable location, perfect for a savvy investor as a buy and hold asset. With this combination of a high-quality location and excellent unit mix, the property provides younger professional tenants with most of the attractions the City of Pasadena has to offer. Literally within walking distance to shopping, dining, and transportation, this location has a Walk and Bike Score of 88. The property is a two-story apartment with some upgrades. It was built in 1955 and has a total of 12,780 SF and situated on a ±11,811 SF Lot (Zoning is PSC – CD-MU-G). It is surrounded by a much higher density commercial/apartment building. Unlike other apartments in the area, this property has parking (9 spaces in the back) which provides excellent amenities to young professionals living in the building. It offers an excellent unit mix for this urban area with eight (8) large 1bed+1bath, seven (7) large Studio, four (4) junior Studio, and four (4) Bachelor (no kitchen) units. Approximately 10 out of 23 units have had upgrades. Some units have new double pane windows, and the upgraded units have new wood flooring and updated plumbing. All units have smooth ceiling and excellent layout. Each unit is separately metered for electricity and gas. Parking is in the back of the lot. There is a total of 9 spaces with 8 are assigned to units, and 1 is rented. There is an additional shared laundry room in the basement for the community, and a master water heater.
Highlights
Home typeCondominium
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Lot size0.2711 Acres
Year built1955
ParkingAttached Carport, Assigned
MLS #AR24215656
ViewCity Lights
Summary
- MLS Number: AR24215656
- MLS Name: CRMLS
- Office Name: Growth Investment Group Pasade
- Office Email: han.chen@growthinvestmentgroup.com
- Listing Agent: Han Chen
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 5:00:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$6,800,000
259 N Euclid Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 22, 2020 | Home Sold | $4,800,000 |
| Jan 25, 2012 | Home Sold | $2,695,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $5,105,297 | $60,281 |
| 2023 | $5,005,420 | $59,792 |
| 2022 | $4,907,500 | $57,767 |
| 2021 | $4,811,500 | $55,427 |
| 2020 | $3,095,212 | $36,236 |
| 2019 | $3,034,523 | $36,867 |
| 2018 | $2,975,024 | $36,466 |
| 2017 | $2,916,691 | $36,466 |
History based on county public records data.
Nearby schools
4
Madison Elementary School
Public District PK-5
0.6 mi
•515 E Ashtabula St
3
Washington Elementary School
Public District PK-5
1.5 mi
•1520 N Raymond Ave
6
Longfellow Elementary School
Public District PK-5
1.6 mi
•1065 E Washington Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $12,422. Typical income of Pasadena, CA residents is less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
87%
<35k
3%
35k-100k
8%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
90%
Single, No Kids
2%
Single, with Kids
7%
Married, No Kids
1%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
2%
<11 yrs old
1%
12-17 yrs old
29%
18-34 yrs old
57%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Music Concerts
Art Museums
Where do the neighbors shop?
Banana Republic
H&M
Bloomingdales
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Starbucks
What do the neighbors drive?
Toyota
Volkswagen
Audi
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 259 N Euclid Ave
This home is located at 259 N Euclid Ave in Pasadena, CA and zip code 91101 in the The Verdugos neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $6,800,000.
Pasadena, CA housing market in January 2025 saw over 22 listings sold above listed price, more than 9 sold at listed price and over 23 sold below. The number of homes for sale in Pasadena, CA increased by 16.2% between December and January 2025. While the average time on the market in January 2025 was 47 days, the median list price was $1,218,933.
From Rocket Homes Real Estate and based on county public records data.