A fourplex at 1400 n garfield, with a garden, pathway, and colorful flowers under a clear blue sky.

Multifamily listing

1400 n garfield

for sale in

Pasadena

Pasadena 4Plex w/ Vacant Unit @ 12.77 GRM & 36% Upside

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 is a fourplex that combines scale, flexibility, and clear upside. Set on an oversized lot in a quiet Pasadena neighborhood, 1400 N Garfield is well-positioned for an owner-user or an investor looking to capture strong in-place income with additional potential.


For Los Angeles multifamily investors, 1400 N Garfield offers meaningful advantages. The large parcel provides both privacy and functionality, and offers an ADU opportunity (buyer to verify), giving future ownership a valuable path to increased density. The unit mix is ideal for Pasadena's tenant base, offering sizes and layouts that appeal to growing families and young professionals alike.

1400 N Garfield Unit Mix and Layout

1400 N Garfield features four distinct units across two buildings, each with character and appeal.


Front Building:

  • 2-bedroom, 2-bath + loft unit (approx. 1,500 SF) with fireplace, French doors, and classic architectural details

  • 4-bedroom, 2.5-bath unit (approx. 1,677 SF) with fireplace, French doors, and classic architectural details


Rear Building:

  • Two matching 3-bedroom, 2-bath units with the upper unit featuring a private deck and the lower unit opening to a full-length patio


The diverse unit sizes at 1400 N Garfield appeal to different tenant profiles. The larger units attract families, while the 2-bedroom appeals to young professionals and couples. This variety supports consistent occupancy and rental rate stability.

Property Amenities and Recent Upgrades

1400 N Garfield has received significant recent upgrades that enhance both tenant appeal and operational stability.


Recent improvements include new roofs, copper plumbing, a resurfaced driveway, earthquake retrofit, fresh exterior paint, and landscaping. These upgrades give 1400 N Garfield stability and ease of management, reducing near-term capital expenditure risk. Amenities include 1-car garages with in-unit laundry for the front units, surface parking between the two buildings, covered carport parking, and community laundry for the rear units.

Location and Neighborhood Appeal

1400 N Garfield benefits from a location that appeals to Pasadena's diverse tenant base. Tenants are within minutes of Old Town Pasadena, the Rose Bowl, neighborhood retail along Washington and Lake, and major job centers throughout the San Gabriel Valley.


For Los Angeles multifamily investors, the location at 1400 N Garfield offers both lifestyle appeal and employment proximity. The proximity to Old Town Pasadena and the Rose Bowl attracts tenants seeking urban convenience and recreation. The San Gabriel Valley job centers ensure consistent employment-driven demand for housing.

Scale and ADU Potential

One of the most compelling aspects of 1400 N Garfield is the oversized lot. The large parcel at 1400 N Garfield provides meaningful upside potential beyond the current four units.


The ADU opportunity (buyer to verify) offers future ownership a valuable path to increased density. For Los Angeles multifamily investors, this represents additional income potential and long-term value creation. The lot size and configuration at 1400 N Garfield make ADU development feasible, though buyers should verify zoning and feasibility requirements.

Investment Strategy and Ownership Flexibility

1400 N Garfield appeals to multiple ownership strategies. Owner-users can occupy one unit while generating income from the other three, leveraging the property's scale and diverse unit mix. The recent upgrades and stable condition make 1400 N Garfield immediately manageable for owner-occupants.


Investors can capture strong in-place income from all four units. Pasadena's consistent rental demand, paired with the property's scale and lot size, makes 1400 N Garfield a compelling opportunity for long-term ownership and appreciation.

4

Number of Units

1932

Year Built

5,570

SF

Square Footage

10,881

SF

Lot Size

PS2

Zoning

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

Contact

Sales agent

A two-story fourplex at 1400 n garfield, with a porch, surrounded by greenery and blue skies.
A two-story fourplex at 1400 n garfield, with a porch, surrounded by greenery and blue skies.
A two-story fourplex at 1400 n garfield, with a porch, surrounded by greenery and blue skies.
A two-story fourplex at 1400 n garfield, with a porch, surrounded by greenery and blue skies.
A traditional fourplex at 1400 n garfield, with a driveway and lush greenery under a clear blue sky.
A traditional fourplex at 1400 n garfield, with a driveway and lush greenery under a clear blue sky.
A traditional fourplex at 1400 n garfield, with a driveway and lush greenery under a clear blue sky.
A traditional fourplex at 1400 n garfield, with a driveway and lush greenery under a clear blue sky.
A sunny outdoor view of the back building at 1400 n garfield, with a lawn and parking area in front.
A sunny outdoor view of the back building at 1400 n garfield, with a lawn and parking area in front.
A sunny outdoor view of the back building at 1400 n garfield, with a lawn and parking area in front.
A sunny outdoor view of the back building at 1400 n garfield, with a lawn and parking area in front.
A cozy outdoor patio at 1400 n garfield, with comfortable seating, surrounded by greenery and a sunny sky.
A cozy outdoor patio at 1400 n garfield, with comfortable seating, surrounded by greenery and a sunny sky.
A cozy outdoor patio at 1400 n garfield, with comfortable seating, surrounded by greenery and a sunny sky.
A cozy outdoor patio at 1400 n garfield, with comfortable seating, surrounded by greenery and a sunny sky.

MEET THE TEAM

We make your life easier

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Interested in This Home? Let’s Connect!

Enter your name and email below to learn more about this listing.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.