
Multifamily listing
1400 n garfield
sold in
Pasadena
Pasadena 4Plex w/ Vacant Unit @ 12.77 GRM & 36% Upside
Listed Price
$
1,575,000
Sold At
$
1,560,000
4
Number of Units
1932
Year Built
5,570
SF
Square Footage
10,881
SF
Lot Size
PS2
Zoning
1400 N Garfield Ave, Pasadena, CA 91104
About the Property
1400 N Garfield Ave is a well-located Pasadena fourplex that combines scale, flexibility, and meaningful long-term upside on an oversized lot in a quiet residential pocket north of Washington Boulevard. The property offers a rare blend of larger unit layouts, recent capital upgrades, and ownership optionality that appeals to both owner-users and investors seeking stable in-place income with future density potential.
For buyers focused on Pasadena multifamily, 1400 N Garfield presents a compelling opportunity. The asset’s lot size, unit mix, and configuration support multiple ownership strategies, while the surrounding neighborhood continues to attract long-term tenants drawn to Pasadena’s employment base, schools, and lifestyle amenities.
Unit Mix and Building Configuration at 1400 N Garfield
1400 N Garfield consists of four residential units spread across two separate structures, creating a sense of separation and privacy that is increasingly difficult to replicate in small multifamily properties. The front building includes a 2+2 residence with a loft measuring approximately 1,500 SF and a larger 4+2.5 residence of approximately 1,677 SF. Both units feature fireplaces, French doors, and classic architectural detailing that give the property its distinctive character.
The rear building is comprised of two matching 3+2 units. The upper unit opens to a private deck, while the lower unit connects directly to a full-length patio. This configuration enhances privacy and outdoor usability while maintaining functional access across the lot.
Recent Capital Improvements and Amenities
1400 N Garfield has undergone substantial recent upgrades that strengthen both tenant appeal and operational stability. These improvements reduce near-term capital exposure and allow future ownership to focus on income optimization rather than deferred maintenance.
Notable upgrades include new roofs, copper plumbing, a completed earthquake retrofit, resurfaced driveway, fresh exterior paint, and updated landscaping. The property offers a functional parking layout with 1-car garages and in-unit laundry for the front units, surface parking between the buildings, covered carport parking, and community laundry serving the rear units.
These improvements position 1400 N Garfield as a well-maintained Pasadena multifamily asset that can be managed efficiently from day one.
Location and Neighborhood Context of 1400 N Garfield
1400 N Garfield is located in a residential Pasadena neighborhood that balances privacy with accessibility. Residents are minutes from Old Town Pasadena, the Rose Bowl, and neighborhood retail along Washington Blvd and Lake Ave. The location provides convenient access to employment centers throughout Pasadena and the broader San Gabriel Valley.
For Pasadena multifamily investors, this location supports long-term rental demand driven by proximity to jobs, schools, recreation, and transit corridors. The surrounding streets are defined by established housing stock and owner-occupant pride, reinforcing neighborhood stability.
Lot Size, ADU Potential, and Long-Term Upside
One of the defining characteristics of 1400 N Garfield is its oversized lot. The parcel provides meaningful flexibility beyond the existing four units and presents a potential ADU opportunity, subject to buyer verification of zoning, setbacks, and feasibility.
For investors focused on long-term value creation, the lot size offers optionality. Ownership can continue operating the property as a stabilized fourplex while evaluating future density opportunities as market conditions evolve.
Conclusion
1400 N Garfield represents a rare Pasadena multifamily opportunity offering scale, upgraded infrastructure, and long-term upside on an oversized lot. The property’s diverse unit mix, recent capital improvements, and location near Pasadena’s most established amenities position it as a durable asset for both owner-users and long-term investors.
1400 N Garfield Ave.
Glendale
Listed Price
$1,575,000
Number of Units
4 Units
Price per. Unit
$393,750
Bldg. Size
5,570 SF
Price per Foot
$283
Lot Size
10,881 SF
Year Built
1932
Current CAP
5.17%
Market CAP
7.81%
Zoning
PS2
Download the OM to view Property Highlights, Financials & Sales Comparables
Price P/ Unit
$393,750
Price p/ Sq. ft.
$283
Proforma Cap Rate
7.81%




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