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$1,600,000

  • Sold
  • Closed
  • Multi-Family
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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

  • Sold For: $1,600,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: AR26026113
  • Added to Site: 111 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 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
Sold by WeTrust Realty, Pretam Fuqua

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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 48 50 S Parkwood Ave

Date
Details
Price
Change
Source
4/08/2026
Sold
$1,600,000
10.34%
MLS
2/05/2026
Listed
$1,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Berkshire Hathaway Golden Prop, Hovig Dimejian
Sold by WeTrust Realty, Pretam Fuqua

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Listed by Jan Thornton and Shereen Kelly Team

48 50 S Parkwood Avenue, Pasadena, CA 91107 (MLS# AR26026113) is a Multi-Family property that was sold at $1,600,000 on April 08, 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.