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$2,150,000
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Property Description
Location, Location, Location! Rare opportunity to own a 4-unit compound of fully detached homes in one of Pasadena's most desirable residential pockets, just south of Colorado Blvd. Situated on an expansive 11,256 SF lot, the property offers approximately 4,350 SF of living space with an ideal layout for both end-users and investors.
The front residence features 3 bedrooms and 2 bathrooms, while the rear homes each offer 2 bedrooms and 1 bathroom, all with functional layouts, high ceilings, and abundant natural light. Separate electric and gas meters, shared laundry, and covered parking provide convenience and operational efficiency.
Surrounded by well-maintained homes and set along a wide, tree-lined street, the property offers a quiet, comfortable environment with strong neighborhood appeal - a rare blend of lifestyle and investment fundamentals.
Zoned RM-32, this property presents exceptional redevelopment potential for higher-density new construction (buyer to verify). The large lot further enhances its appeal with ADU and value-add opportunities, making it equally attractive to developers seeking long-term upside.
A unique offering that seamlessly combines current income, future development potential, and a premier Pasadena location - opportunities like this are rarely available.
Full Property Details
Full Property Details for 53 S Roosevelt
General
- Price: $2,150,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: AR26075032
- Updated: 4/9/2026
- Days on Market: 47 days
- Added to Site: 48 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Parking Features: Covered
- Parking: Covered
Location
- Area: 648 - Pasadena (SE)
- County: Los Angeles
- Development Name: 648 - Pasadena (SE)
- Driving Directions: S of E Colorado Blvd, E of N Allen Ave, W of S Sierra Madre Blvd
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s), Heat Pump
- Heating Type: Forced Air, Heat Pump, Wall Furnace, Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Entry Location: ground
- Square Feet: 4,350
- Year Built: 1978
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.2584
- Lot Size (Sq. Ft.): 11,256
- Lot Size Source: Assessor
- Lot Description: Lot 10000-19999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $494.25
- Price Per Unit: 537500
Listed by In Realty Inc., Kuangkai Kuo
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Schools
Schools serving 53 S Roosevelt
School District:Pasadena Unified School District
| Name | Grades | Distance |
|---|---|---|
Hamilton Elementary School, Pasadena, CA 2089 Rose Villa Street, Pasadena, CA 91107 | K-5 | 0.4 mi |
McKinley School 325 South Oak Knoll Avenue, Pasadena, CA 91101 | K-5 | 1.9 mi |
Pasadena High School 2925 East Sierra Madre Boulevard, Pasadena, CA 91107 | 9-12 | 1.3 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 53 S Roosevelt
Date
Details
Price
Change
Source
4/09/2026
Listed
$2,150,000
11.86%
MLS
5/10/2024
Sold
$1,922,000
—
Public Record
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
Tax History for 53 S Roosevelt
Year
Property Taxes
Change
Tax Assessment
Change
2025
$23,396
44%
$1,960,440
45%
2023
$16,241
4%
$1,351,553
2%
2022
$15,690
4%
$1,325,053
2%
2021
$15,048
4%
$1,299,073
1%
2020
$14,460
—
$1,285,754
2%
2019
$14,496
-1%
$1,260,544
2%
2018
$14,659
1%
$1,235,829
2%
2017
$14,498
2%
$1,211,598
2%
2016
$14,177
1%
$1,187,842
2%
2015
$14,021
262%
$1,170,000
340%
2014
$3,877
—
$265,982
—
2013
$3,871
—
$264,781
—
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
Estimate the Cost for 53 S Roosevelt
53 S Roosevelt, Pasadena, CA 91107 (MLS# AR26075032) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 53 S Roosevelt is currently listed for $2,150,000 and was received on April 09, 2026. Want to learn more about 53 S Roosevelt? 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.

