Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,450,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 7 days ago
See This Home
Save This Home
See This Home
Save This Home
Excellent Pasadena Fourplex in Prime Location. A rare opportunity to own a well-maintained four-unit property in a highly desirable Pasadena neighborhood. The front house features 3 bedrooms and 2 bathrooms, with a fireplace. Behind the main residence are three separate one-bedroom, one-bath units, all in excellent condition. Each unit offers its own washer and dryer hookups, separately metered for gas and electric, providing convenience for tenants and ease of management for the owner. The property has been consistently well cared for and reflects pride of ownership throughout. Ideally located near public transportation, Pasadena City College, and Caltech, this property is an excellent owner user opportunity to live in the front house and have rental income from the 3 well maintained units. ________________________________________

Full Property Details for 48 50 S Parkwood Ave

General

  • Price: $1,450,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: AR26026113
  • Updated: 2/12/2026
  • Days on Market: 16 days
  • Added to Site: 16 day(s) ago

Rooms

Other Rooms

  • Laundry: Inside, Stackable

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 4

Location

  • Area: 648 - Pasadena (SE)
  • County: Los Angeles
  • Development Name: 648 - Pasadena (SE)
  • Driving Directions: East of Allen Ave- south of Colorado Blvd.

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • Entry Location: Front
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 2,750
  • Year Built: 1959

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.1875
  • Lot Size (Sq. Ft.): 8,167
  • Lot Size Source: Assessor
  • Lot Description: 2-5 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $527.27
  • Price Per Unit: 362500

Listed by Berkshire Hathaway Golden Prop, Hovig Dimejian

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 48 50 S Parkwood Ave —

  • Hovig Dimejian

    Berkshire Hathaway Golden Prop

626-523-3454

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 48 50 S Parkwood Ave

School District:Pasadena Unified School District
NameGradesDistance
Hamilton Elementary School, Pasadena, CA
2089 Rose Villa Street, Pasadena, CA 91107
K-50.3 mi
McKinley School
325 South Oak Knoll Avenue, Pasadena, CA 91101
K-51.4 mi
Pasadena High School
2925 East Sierra Madre Boulevard, Pasadena, CA 91107
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 48 50 S Parkwood Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/05/2026
Listed
$1,450,000
78.57%
MLS
6/09/2009
Sold
$812,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 48 50 S Parkwood Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,905
6%
$1,045,652
4%
2023
$12,172
4%
$1,005,050
2%
2022
$11,760
4%
$985,344
2%
2021
$11,285
4%
$966,024
1%
2020
$10,848
—
$956,120
2%
2019
$10,872
-1%
$937,373
2%
2018
$11,000
1%
$918,994
2%
2017
$10,875
2%
$900,976
2%
2016
$10,641
1%
$883,311
2%
2015
$10,523
2%
$870,043
2%
2014
$10,322
—
$853,001
—
2013
$10,323
—
$849,146
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 48 50 S Parkwood Ave

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Berkshire Hathaway Golden Prop, Hovig Dimejian

Just Listed near 48 50 S Parkwood Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2046 Marengo Ave, South Pasadena, CA 91030 - Photo 1 Just Listed
$1,700,000
Open House

2046 Marengo Ave  South Pasadena, CA 91030

  • Single Family
  • Active
  • Updated 1 hour ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,828
    Sq. Ft.
Listed by Matty (Maria) Hurtado (CalRE#: 01207955) (626) 862-6289
2217 Crescent Dr, Altadena, CA 91001 - Photo 1 Just Listed
$3,995,000
Open House

2217 Crescent Dr  Altadena, CA 91001

  • Single Family
  • Active
  • Updated 1 day ago
  • 6
    Beds
  • 8
    Total Baths
  • 5,917
    Sq. Ft.
Listed by Scherbert + Zastrow (818) 903-3393
1860 Homewood Dr, Altadena, CA 91001 - Photo 1 Just Listed
$895,000

1860 Homewood Dr  Altadena, CA 91001

  • Lots/Land
  • Active
  • Updated 4 days ago
  • 0.2402
    Acres
Listed by Darrell Done (CalRE#: 01233781) (626) 354-3551
2243 Mar Vista Ave, Altadena, CA 91001 - Photo 1 Just Listed
$650,000

2243 Mar Vista Ave  Altadena, CA 91001

  • Lots/Land
  • Active
  • Updated 1 day ago
  • 0.1882
    Acres

Price Reduced near 48 50 S Parkwood Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

0 Hanscom, South Pasadena, CA 91030 - Photo 1 Price Reduced
-$26,000 (-8.81%)
$269,000

0 Hanscom  South Pasadena, CA 91030

  • Lots/Land
  • Active
  • Updated 3 days ago
  • 0.1053
    Acres
2280 S Oak Knoll Ave, San Marino, CA 91108 - Photo 1 Price Reduced
-$150,000 (-2.61%)
$5,600,000

2280 S Oak Knoll Ave  San Marino, CA 91108

  • Single Family
  • Active
  • Updated 1 day ago
  • 5
    Beds
  • 7
    Total Baths
  • 6,369
    Sq. Ft.
Listed by Ricky Seow (CalRE#: 01313493) (626) 674-3338
4487 Rising Hill Rd, Altadena, CA 91001 - Photo 1 Price Reduced
-$51,000 (-4.08%)
$1,199,000
Open House

4487 Rising Hill Rd  Altadena, CA 91001

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,502
    Sq. Ft.
Listed by Terry Piasky (CalRE#: 01447565) (626) 353-6654
912 E Altadena Dr, Altadena, CA 91001 - Photo 1 Price Reduced
-$45,000 (-2.65%)
$1,650,000

912 E Altadena Dr  Altadena, CA 91001

  • Lots/Land
  • Active
  • Updated 3 days ago
  • 0.3017
    Acres

Recent Sales near 48 50 S Parkwood Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

156 S Berkeley, Pasadena, CA 91107 - Photo 1 Sold
$1,350,000

156 S Berkeley  Pasadena, CA 91107

  • Single Family
  • Closed
  • 4
    Beds
  • 2
    Total Baths
  • 1,648
    Sq. Ft.
126 S San Marino Ave, Pasadena, CA 91107 - Photo 1 Sold
$1,397,400

126 S San Marino Ave  Pasadena, CA 91107

  • Single Family
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,404
    Sq. Ft.
250 S Berkeley Ave, Pasadena, CA 91107 - Photo 1 Sold
$1,367,000

250 S Berkeley Ave  Pasadena, CA 91107

  • Single Family
  • Closed
  • 5
    Beds
  • 2
    Total Baths
  • 2,094
    Sq. Ft.
Listed by Barbara Campanella (CalRE#: 00707032)
57 S Grand Oaks Ave, Pasadena, CA 91107 - Photo 1 Sold
$1,255,000

57 S Grand Oaks Ave  Pasadena, CA 91107

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 2,000
    Sq. Ft.
Listed by The Jason Nagy Group

48 50 S Parkwood Avenue, Pasadena, CA 91107 (MLS# AR26026113) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 48 50 S Parkwood Avenue is currently listed for $1,450,000 and was received on February 05, 2026. Want to learn more about 48 50 S Parkwood Avenue? Do you have questions about finding other Multi-Family real estate for sale in Pasadena? You can browse all Pasadena real estate or contact a Coldwell Banker agent to request more information.

Tour this property