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

Set on an oversized lot in a quiet Pasadena neighborhood, 1400 N Garfield is a fourplex that combines scale, flexibility, and clear upside. With unit layouts that feel more like individual homes, this property is well-positioned for an owner-user or an investor looking to capture strong in-place income with additional potential. The large parcel offers both privacy and functionality, and provides an ADU opportunity (buyer to verify), offering 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. The front building includes a 2-bdrm, 2-bath + loft unit of approx. 1,500 SF and a 4-bdrm, 2.5-bath unit of approx. 1,677 SF, each with fireplaces, French doors, and classic architectural details. In the rear, two matching 3-bdrm, 2-bath units provide further scale, with the upper unit featuring a private deck and the lower unit opening to a full-length patio. Recent upgrades, including new roofs, copper plumbing, a resurfaced driveway, earthquake retrofit, fresh exterior paint, and landscaping, give the property stability and ease of management. Property amenities include a 1-car garage with in-unit laundry for the front units, surface parking between the 2 buildings, covered carport parking, and community laundry for the rear units. The location adds another layer of strength. 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. Pasadena's consistent rental demand, paired with the property's scale and lot size, makes 1400 N Garfield is a compelling opportunity for both investors and owner-users.


4

Number of Units

1932

Year Built

5,570

SF

Square Footage

10,881

SF

Lot Size

PS2

Zoning

1400 N Garfield Ave.
Glendale

Offering Price

$

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

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

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.