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$1,900,000
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Property Description
This charming 8-unit multifamily property, located at 49 S. Grand Oaks Ave in Pasadena, presents an exceptional investment opportunity with significant rental upside potential. Nestled in a highly desirable neighborhood, this well-maintained building is within walking distance to vibrant Old Town Pasadena, offering easy access to shops, restaurants, parks, and public transit. Property was recently painted and new windows installed throughout! The property features a mix of spacious one and studio units, each offering a comfortable living space with classic architectural details, including hardwood floors, large windows, and ample natural light. With its prime location and strong demand for rental housing in Pasadena, the property offers a great opportunity for rent increases and the potential for future value appreciation. Current rents are below market, offering immediate upside for a savvy investor to maximize cash flow. Whether you're a seasoned investor or a newcomer to multifamily properties, this building represents an excellent chance to acquire a well-positioned asset with great long-term growth potential. Don't miss out on this rare opportunity to own a piece of Pasadena real estate with strong investment prospects!
Full Property Details
Full Property Details for 49 S Grand Oaks
General
- Sold For: $1,900,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: GD25192443
- Added to Site: 340 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Location
- Area: 645 - Pasadena (NW)
- County: Los Angeles
- Development Name: 645 - Pasadena (NW)
- Driving Directions: Sierra Madre Blvd. to Altadena Drive to N. Sierra Madre Blvd, to Colorado Blvd. to S. Grand Oaks
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 8
Structural Information
- Entry Location: 1
- Square Feet: 3,673
- Year Built: 1953
Lot Features
- Lot Size (Acres): 0.195
- Lot Size Source: Assessor
- Lot Description: 6-10 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $517.29
- Price Per Unit: 249875
Listed and Sold by TRUMARK Real Estate Management, Mark Trueblood
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Schools
Schools serving 49 S Grand Oaks
School District:Pasadena Unified School District
| Name | Grades | Distance |
|---|---|---|
Hamilton Elementary School, Pasadena, CA 2089 Rose Villa Street, Pasadena, CA 91107 | K-5 | 0.3 mi |
McKinley School 325 South Oak Knoll Avenue, Pasadena, CA 91101 | K-5 | 1.8 mi |
Pasadena High School 2925 East Sierra Madre Boulevard, Pasadena, CA 91107 | 9-12 | 1.4 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 49 S Grand Oaks
Date
Details
Price
Change
Source
9/30/2025
Sold
$1,900,000
-4.95%
MLS
8/26/2025
Listed
$1,999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
49 S. Grand Oaks, Pasadena, CA 91107 (MLS# GD25192443) is a Multi-Family property that was sold at $1,900,000 on September 30, 2025. Want to learn more about 49 S. Grand Oaks? 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.

