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638 N Mar Vista Avenue Pasadena, CA 91106
$2,599,950 0 beds, 0 baths
0 sqft
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Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Text Me
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Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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Agent Remarks

Charming 6-Unit Bungalow Investment – Prime Pasadena Location! Rare opportunity to own a 6-unit, single-story bungalow-style apartment property in the heart of Pasadena, just a block from the historic Bungalow Heaven district. Situated on a large ±16,466 SF R3 lot, this well-maintained asset includes five freestanding structures totaling ±5,230 SF of living space. Each of the six units is a spacious 2-bedroom, 1-bathroom (~870 SF) with excellent layouts and vintage charm. Features include: Freestanding design – no shared walls. Washer/dryer room next to kitchen (some with machines). Beautiful Original hardwood floors, crown molding, wall paneling. Updated bathrooms with tile floors and modern fixtures. Kitchens with tile floors, range, exhaust fan, and water line for fridge. Wall A/C units and ceiling fans to add comfort. One reserved garage parking space per unit with two garage structures and four carport spaces. Listed on the National Register of Historic Places, the property offers potential tax benefits. Key upgrades include copper plumbing, updated electrical, fresh exterior paint, and no soft-story retrofit required. Each unit is individually metered for gas and electricity. Four of the six tenants are long-term, stable residents, all on month-to-month leases, allowing rental upside under AB 1482 (max increase: 5% + CPI/year). Outstanding Location. Minutes from Old Town Pasadena, Lake Avenue, Pasadena City College, and Colorado Blvd. Walk to shops, cafes, museums, and entertainment. Strong local demographics with an average household income of $103,130 within 1 mile. Easy freeway access (210, 110, 134) enables quick commutes to Downtown LA, Glendale, and Burbank. Investor Peace of Mind – Attractive All-Cash Price. Offered at an attractive all-cash price for a quick, hassle-free sale—a rare opportunity where the seller’s loss is the buyer’s gain. This turnkey investment boasts stable cash flow, low maintenance, and future rent growth potential, providing investors with peace of mind and consistent income from day one.

Listing Details

Property type: Mixed Use (Multi-Family)
Status: Active
MLS# CV25177122
List price is $2,599,950
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1927
1 story
0.38 acres
Lot size: 0.3790
County: Los Angeles
Zoning: PSR3
Interior features: All Bedrooms Down
Lot description: Front Yard,Greenbelt
Heating/cooling: Wall/Window Unit(s)
Heating description: Central
MLS area: 699 - Not Defined

Last Updated: 8/8/2025

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 34.157116, -118.126401.
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Listing Agent: Wei Wang
Lic#: 01801928
Office Name: Sherman Oaks

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Text Me
Call My Cell
Call My Office
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com

Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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