#AR25146336, Han Chen, Listing office: Growth Investment Group Pasade
#PW25156120·
Listing office: Triqor Group·
Listing agent: Ryan Loria·
Listing office phone: 949-756-3232
$3,600,000 List price
719721 N Garfield Ave Pasadena, CA 91104
0.3 acres
Condo
Property details
About 719721 N Garfield Ave
Garfield Apartments is a well-located, 16-unit, value-add opportunity in the desirable city of Pasadena, CA. This gated community features an attractive unit mix of 1, 2, and 3-bedroom units. Property amenities include covered parking, gas cooking, individual gas and electric meters, and a shared laundry facility. Recent capital improvements include soft-story retrofitting, a new roof (2020), dual-pane windows, and fresh exterior paint. Garfield Apartments offers investors a compelling opportunity to acquire a value-add asset with strong in-place income and significant upside; approximately 48% upside in rents. The property is operating at a 5.7% cap rate with current rents, 9.7% with market rents.
Highlights
Home typeCondominium
StatusActive
Lot size0.3193 Acres
Year built1963
MLS #PW25156120
Summary
- Private Pool: No
- List Price: $3,600,000
- Lot: Irregular Lot
- Directions: Driving West on Orange Grove Blvd., Turn Right Onto N. Garfield Ave., Property Will be On Your Left
- Year Built: 1963
- Stories: 2
- Lot Size: 0.3193 Acres
- MLS Number: PW25156120
- MLS Name: CRMLS
- Office Name: Triqor Group
- Office Phone: (949) 756-3232
- Listing Agent: Ryan Loria
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: 7/13/2025, 6:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
4
Altadena Arts Magnet School
Public District KG-5
0.6 mi
•743 E Calaveras St
3
Washington Elementary STEM Magnet School
Public District KG-5
0.7 mi
•1520 N Raymond Ave
5
Mary W. Jackson STEAM Multilingual Magnet Elementary
Public District KG-5
1.1 mi
•593 W Woodbury Rd
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 $61,406. Residents of Pasadena, CA typically earn between $35k-100k each year. 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?
22%
<35k
61%
35k-100k
17%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
35%
Single, No Kids
19%
Single, with Kids
23%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
43%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Hiking/backpacking
Live Theatre
Where do the neighbors shop?
Nordstrom Rack
Bloomingdales
Banana Republic
Where do the neighbors go to eat?
The Cheesecake Factory
Starbucks
Boston Market
What do the neighbors drive?
Volvo
Audi
Mercedes
What do the neighbors listen to?
News
Alternative
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 719721 N Garfield Ave
The listing price of 719721 N Garfield Ave property is $3,600,000.
The property 719721 N Garfield Ave is a condo located in Pasadena, California, 91104.
Active Listing: 719721 N Garfield Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 719721 N Garfield Ave are: Altadena Arts Magnet School (GreatSchools Rating 4/10), Washington Elementary STEM Magnet School (GreatSchools Rating 3/10), Mary W. Jackson STEAM Multilingual Magnet Elementary (GreatSchools Rating 5/10), Octavia E. Butler Magnet Middle School (GreatSchools Rating 4/10), Charles W. Eliot Arts Magnet Academy (GreatSchools Rating 4/10), Alma Fuerte Public (GreatSchools Rating 3/10), John Muir High School (GreatSchools Rating 5/10), Aveson Global Leadership Academy (GreatSchools Rating 5/10), Marshall Fundamental (GreatSchools Rating 6/10).
The property at 719721 N Garfield Ave has 0 bathroom.
The year of construction for 719721 N Garfield Ave is 1963.
This home is located at 719721 N Garfield Ave in Pasadena, CA and zip code 91104 in the The Verdugos neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $3,600,000.
While more than 45 listings in Pasadena, CA in June 2025 were sold above asking price, there were more than 9 listings sold at asking price, and more than 30 were sold below. In June 2025 in Pasadena, CA there were 0.8% less homes for sale than in May. In June 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $1,232,000.
From Rocket Homes Real Estate and based on county public records data.