Alexander Metaxas, Listing Office: Realty Investment Advisors, Inc.
$10,000
closing credit¹
540 S Euclid Ave Pasadena, CA 91101
$2,500,000 List price
$10,000
Closing credit¹
10 beds
7 baths
5,030 sqft
0.2 acres
$497 / sqft
House
Property details
About 540 S Euclid Ave
PRIME PASADENA LOCATION! Don't miss this rare opportunity to acquire a classic 7-unit Pasadena rental property located walking distance to the recently opened Erewhon market and all the shops and restaurants of South Lake Avenue. Offering a very strong unit mix of three 2 Bed + 1 bath units and four 1 Bed + 1 bath units with rents that offer a new owner, steady and realistic rental income growth. With good curb appeal and a unique building layout make this property not a typical box apartment building. Improvements include several units being completely renovated, updated plumbing throughout property, newer dual pane windows, recently replaced roofs, the elevated decking have been inspected and the SOFT-STORY RETROFIT COMPLETED! Other features include 8 on-site parking spaces and tenant storage cabinets, separate water heaters, community laundry room with coin operated machines and all the units are separately metered for gas/electricity. The property is subject to local Pasadena rent control laws, buyer is to verify and familiarize. Don't miss this chance to invest in such a prized location where properties are held for generations and don't trade hands often. PLEASE DO NOT DISTURB THE TENANTS. DRIVE-BY ONLY.
Highlights
Home typeOther
HeatingWall Furnace
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
Size5,030 sqft
Lot size0.2209 Acres
Year built1960
ParkingDetached Carport, One Space
MLS #24471435
Summary
- MLS Number: 24471435
- MLS Name: CRMLS
- Office Name: Realty Investment Advisors, Inc.
- Listing Agent: Alexander Metaxas
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: 1/22/2025, 5:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,500,000
540 S Euclid Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $894,367 | $11,109 |
| 2020 | $883,663 | $10,718 |
| 2019 | $2,100,000 | $10,719 |
| 2018 | $849,352 | $10,591 |
| 2017 | $832,699 | $10,591 |
History based on county public records data.
Nearby schools
4
Madison Elementary School
Public District PK-5
1.6 mi
•515 E Ashtabula St
5
San Rafael Elementary School
Public District KG-5
1.8 mi
•1090 Nithsdale Rd
9
Marengo Elementary School
Public District KG-5
1.9 mi
•1400 Marengo Ave
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 $79,193. The majority of Pasadena, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
15%
<35k
55%
35k-100k
26%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
74%
Single, No Kids
2%
Single, with Kids
17%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
1%
12-17 yrs old
41%
18-34 yrs old
42%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Art Museums
Tennis
Where do the neighbors shop?
H&M
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
Audi
BMW
What do the neighbors listen to?
Rhythmic Contemporary Hits
News- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 540 S Euclid Ave
This home is located at 540 S Euclid Ave in Pasadena, CA and zip code 91101 in the The Verdugos neighborhood. This 5,030 square foot home, which was built in 1960, sits on a 0.22 acre lot. Features: 10 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $2,500,000.
Pasadena, CA housing market in December 2024 saw over 27 listings sold above listed price, more than 12 sold at listed price and over 17 sold below. The number of homes for sale in Pasadena, CA decreased by 12.5% between November and December 2024. The median list price of listings available in December 2024 was $1,216,222, while the average time on the real estate market was 39 days.
From Rocket Homes Real Estate and based on county public records data.