56 N Parkwood, Pasadena, CA — listing photo 1
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FOR SALENew Listing

56 N Parkwood

Pasadena, CA 91107
8,421 Lot Sq Ft
Built 1953
$1,650,000

Property Overview

Prime Pasadena Multifamily Investment Opportunity! Located at 56 N. Parkwood Avenue, this five-unit Pasadena multifamily property features an attractive unit mix of 2 (2BD/1BA) units and 3 (1BD/1BA) units. One of the 1-bedroom, 1-bathroom units is currently vacant and available for rent, providing immediate upside potential for investors and owner-users alike. A floor plan and interior photos of the vacant unit are included, allowing prospective buyers to evaluate the layout, condition, and rental potential. Ideally situated near Caltech, Pasadena City College, Huntington Hospital, Old Town Pasadena, and the South Lake Avenue shopping and dining district, the property benefits from strong rental demand and convenient access to major employment centers, public transportation, parks, and entertainment. Whether you're seeking stable cash flow, future rental growth, or a long-term hold in a high-demand market, this Pasadena multifamily property offers an exceptional investment opportunity. With its desirable unit mix, prime location, and immediate leasing opportunity, 56 N. Parkwood Avenue is well-positioned for both current income and long-term appreciation. Don't miss this chance to own a five-unit Pasadena investment property with strong fundamentals and significant upside potential.

Home Details

Property type
Residential Income - Apartment
Year built
1953
Lot size
8,421 sq ft
Parking
5 spaces
Garage
2 spaces
Stories
2
Days on market
0
Cumulative days on market
58
MLS status
Active

Features & Amenities

Parking

  • Assigned
  • On Street

Pool

  • None

Lot

  • Front Yard
  • Rectangular Lot

Community, Schools & Utilities

Utilities

Heating
WallFurnace
Cooling
WallWindowUnits
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

56 N Parkwood

Pasadena, CA 91107

Frequently Asked Questions About 56 N Parkwood

Property type: Residential Income

The current asking price is $1,650,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 56 N Parkwood. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1953. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Pasadena, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Pasadena property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Listing Agent

Name: TONY MA
MLS ID: WS78979

Available property

$1,650,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.