435 N Euclid
Pasadena, CA 91101
Listing broker / agent: Growth Investment Group Pasade · Handoko Chen · han.chen@growthinvestmentgroup.com · CRMLS
MLS # AR26218872 · Last checked Oct 8, 2026 02:31 UTC
About this property
37 Units TURNKEY Next to Old Pasadena | 6.00% Cap (Self-Managed) | Ideal 1031 Exchange with 100% Upgraded Interiors & Exteriors, and 7 New ADUs | Fully Sprinklered + Brand New Electrical Panels & Subpanels, and more. 435 N Euclid Ave, an exceptional 37-unit turnkey apartment community located just blocks from historic Old Pasadena. Offering an attractive going Cap Rate of 6.00% (under a self-managed scenario) alongside future rental upside, this asset is the premier acquisition for investors seeking immediate stability and zero deferred maintenance. The comprehensive 2022–2026 renovation introduced 7 brand-new ADUs to the site, bringing the property to an impressive ±25,536 square feet of building space on a large 23,268 square-foot R3-zoned lot. Surrounded by stellar demographics featuring over $126,000 in average household income within a one-mile radius, this asset commands premium rents in one of Southern California's strongest submarkets, and offers easy access to all amenities City of Pasadena has to offer. Originally built in 1965, the two-story Mid-Century Modern building has been meticulously modernized while retaining its distinctive architectural charm and welcoming center courtyard. The highly desirable unit mix consists of nine (9) 2-bedroom/2-bathroom, two (2) 2-bedroom/1-bathroom, twenty-five (25) 1-bedroom/1-bathroom, and one (1) studio unit. Floor plans are exceptionally bright and spacious, featuring large windows and private balconies in most units. Every single interior has been gutted and upgraded to luxury standards, boasting new quartz kitchens with dishwashers, designer bathrooms, vinyl plank flooring, in-unit laundry, and individual mini-split HVAC systems in every room. Operationally, the building’s heavy lifting is completely finished. The property features fully sprinklered units, upgraded electrical panels and subpanels, and separate meters for electricity and gas. Access is tightly controlled via a secured entrance, electronic RFI unit locks, and a gated parking lot providing 38 total spaces. The building is serviced by master water heaters, has ADA ramp, and has a total of 38 parking spaces (11 are tandem on the side). Situated on a quiet, mature, tree-lined street, tenants are minutes from the Metro Gold Line and the world-class shopping and dining corridors of Colorado Boulevard and Lake Avenue. Near Pasadena’s historic City Hall, it sits just minutes from the California Institute of Technology, PCC, and FWYS.
Property details
- MLS number
- AR26218872
- Status
- Active
- Type
- Residential Income
- Subtype
- Apartment
- Lot size
- 0.5368 acres
- Year built
- 1965
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 0
Building
- Year built
- 1965
- Year built source
- Assessor
- Architectural style
- Mid Century Modern
- Stories
- 2
- Building stories
- 2
- Levels
- Two
- Entry level
- 1
- Construction
- Stucco
- Roof
- Flat
- Foundation
- Raised
- Condition
- Updated Remodeled
Rooms & interior
- Appliances
- Gas Range, Dryer, Washer
- Interior features
- Balcony, Partially Furnished, Stone Counters, Recessed Lighting, Storage, Unfurnished, Wired For Data
- Flooring
- Laminate, Vinyl, Wood
- Heating
- Wall Furnace
- Cooling
- Whole House Fan
- Fireplace
- None
- Laundry
- Electric Dryer Hookup, Gas Dryer Hookup
Exterior & parking
- Total parking spaces
- 38
- Garage spaces
- 0
- Carport spaces
- 38
- Parking
- Assigned, Covered, Tandem
- Pool
- None
- Spa
- None
- Lot features
- Lawn, Landscaped, Level, Near Public Transit, Rectangular Lot, Street Level
- Lot size source
- Assessor
- Fencing
- Wrought Iron
- Property outlook
- Mountains, Neighborhood
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
- Community features
- Suburban, Valley
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Madison Elementary (school website, opens in a new tab) Pasadena Unified · Pasadena | Not reported | 0.4 mi |
| McKinley (school website, opens in a new tab) Pasadena Unified · Pasadena | K–8 | 1.0 mi |
| Twentieth Street Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 1.2 mi |
| Washington Elementary STEM Magnet (school website, opens in a new tab) Pasadena Unified · Pasadena | Not reported | 1.3 mi |
| Octavia E. Butler Magnet (school website, opens in a new tab) Pasadena Unified · Pasadena | 6–8 | 1.3 mi |
| Longfellow (Henry W.) Elementary (school website, opens in a new tab) Pasadena Unified · Pasadena | Not reported | 1.4 mi |
| Alma Fuerte Public (school website, opens in a new tab) Los Angeles County Office of Education · Pasadena | K–8 | 1.6 mi |
| Aveson School of Leaders (school website, opens in a new tab) Pasadena Unified · Pasadena | K–5 | 1.6 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $13,500,000
- MLS-reported original asking price
- $13,500,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 8, 2026 02:27 | $13,500,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
- MLS-reported annual tax (year not provided)
- $147,116
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Pasadena
Active residential homes for sale in Pasadena, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
12 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-08 06:02 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗