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1837 E Colorado Blvd, 
Pasadena, CA 91107

$5,100,000


Bed


Bath


9,930

Sq Ft


Multi-Family

Active

Listed by

Brett Lyon

Woody Stahl

Lyon Stahl Investment Real Estate, Inc.

Lyon Stahl Investment Real Est

310-425-9838

Last updated:

December 18, 2025, 11:44 AM

MLS#

SB25268547

Source:

CRMLS

About This Home

1837 E Colorado Blvd

12-unit building (12 legal Studios converted to 1-bed layouts, Total Sq. Ft. 4,608) at 1837 E Colorado Blvd (APN: 5746-017-030, Lot Size 8,997) and an 8-unit building (1 three-bed two-bath and 7 one-bed one-bath units, Total Sq. Ft. 5,322) at 31 N Parkwood Ave (APN: 5746-017-092, Lot Size 10,103). Both properties are being sold together and concurrently as one combined 20-unit portfolio. These well-maintained buildings are located near Pasadena City College with strong current cashflow and consistent renter demand. The Colorado Blvd property features recently renovated units where all studios were converted into functional 1-bed layouts, along with updated interiors and improved efficiency. The Parkwood building offers a balanced mix of larger floorplans and stable tenancy. Both assets share onsite parking, landscaping, and operational efficiency. This 20-unit portfolio provides an excellent opportunity for an investor seeking steady income in a high-demand Pasadena rental corridor. Pasadena is one of the most recognized and desirable cities in Los Angeles County and is known for its strong rental market, centralized location, public transportation access, employment base, and popular local amenities where tenants can live, work, and play locally.

Home Facts

Multi-Family

Built in 1923

Price Summary

5,100,000

$513 per Sq. Ft.

MLS #:

SB25268547

Last Updated:

December 18, 2025, 11:44 AM

Added:

16 day(s) ago


Rooms & Interior

Interior

Living Area:

9,930 Sq. Ft.


Structure

Structure

Building Area:

9,930 Sq. Ft.

Year Built:

1923


Lot

Lot Size (Sq. Ft):

19,101


Finances & Disclosures

Finances

Price:

$5,100,000

Price per Sq. Ft:

$513 per Sq. Ft.

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Country Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Country Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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