1156 Steuben Street

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$1,025,000

1156 Steuben Street

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Description

Unique investment opportunity in the heart of Pasadena--perfectly situated within walking distance to Colorado Boulevard, Pasadena City College, and Caltech. This property, zoned RM48, offers significant development potential in one of the most desirable and transit-accessible neighborhoods in the city. While the tax records show the property as a duplex, it is currently operating with five income-generating units. With an attractive Gross Rent Multiplier and Cap Rate, this asset allows you to collect income immediately while submitting plans for new construction or redevelopment.

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Location

1156 Steuben Street, Pasadena, CA 91106

Status

For Sale

Enrique Lizarazu

TITLE

Associate-Broker

PHONE

(626) 818-0980

EMAIL

elizarazu@dppre.com

CONTACT AGENT

Pasadena

Drive through leafy Bungalow Heaven, a quiet area, Craftsman homes. Then spend time in Old Town.

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Property Amenities

Area & Lot

Lot Area 6,807 Sq.Ft.

MLS® ID PF25150795

View Description None

Type Land

Status For Sale

Exterior

Water Source Public

Sewer Public Sewer

Lot Features Level, Rectangular Lot

Utilities Sewer Connected

Finance

Sales Price $1,025,000

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Thank you for your interest in 1156 Steuben Street, Pasadena, CA 91106. We are reviewing your request and will be in touch shortly!

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5210 La Canada Boulevard, La Canada Flintridge, CA 91011

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$1,025,000

1156 Steuben Street, Pasadena, CA 91106

For Sale

Open House: 7/12/2025, 2:00 PM - 4:00 PM

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View All

$1,025,000

1156 Steuben Street

Description

Share Property

Location

Status

Enrique Lizarazu

Pasadena

Property Amenities

Area & Lot

Exterior

Finance

Schedule a Showing

Schedule a Showing

Recently on the Market

$2,999,000

$1,025,000

$1,200,000

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Contact Details