405 and 411 N Euclid Ave (2 properties), a very attractive 15-unit semi value-add investment property only several blocks north of Old Town Pasadena. These 2 properties offering provides a very attractive going-in ACTUAL CAP Rate of 5.2% and Proforma CAP Rate of over 6%. The properties consist of 411-417 N Euclid Ave which is a 10-unit single story mid-century modern style apartment, and 405 N Euclid Ave, a 5-unit (2 are brand new ADUs) 2-story craftsman style apartment. The property offers strategic location near the Old Town Pasadena, and Rose Bowl area. 411-417 N Euclid is a single story 10 units apartment. The property was built in 1950 and has been completely renovated with permits in 2022-2023. It consists of 3 single-story buildings and situated on a large ±11,627sf R3 lot. The property has been completely renovated with permits (9 out of 10 units are fully upgraded), and offers an efficient mix of nine 1bedrooms, and one studio unit. Each unit is unique to its vaulted ceiling layout with most units having its private patio. All the upgraded units have undergone a top-to-bottom renovation with full electrical and plumbing upgrades (plumbing upgrade in unit), new high durability wood vinyl and tile flooring in bathroom, new windows throughout, in-unit combo washer/dryer,
MLS #
CRAR25026646
MLS Source
California Regional MLS
Days on Site
55
Appliances
Dishwasher, Hood Over Range, Oven Range - Gas, Dryer, Washer
Cooling
Window/Wall Unit
Heating
Wall Furnace
Roof
Shingle
Style
Colonial
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
5 | 15 | – |
Schools | Type | Grades | Distance | Rating |
---|---|---|---|---|
Madison Elementary School | public | K-5 | 0.47 mi | |
Roosevelt Elementary School | public | K-5 | 0.83 mi | N/A |
McKinley School | public | K-8 | 1.00 mi | |
Twilight Adult | public | UG | 1.03 mi | N/A |
Rose City High (Continuation) School | public | 9-12 | 1.05 mi | |
Twentieth Street Elementary School | public | K-5 | 1.23 mi | |
Washington Accelerated Elementary School | public | K-5 | 1.37 mi | |
Octavia E. Butler Magnet School | public | 6-8 | 1.38 mi | |
Jefferson Elementary School | public | K-5 | 1.39 mi | N/A |
Longfellow (Henry W.) Elementary School | public | K-5 | 1.41 mi | |
Cleveland Elementary School | public | K-5 | 1.62 mi | N/A |
Blair High School | public | 6-12 | 1.83 mi | |
Marshall Fundamental School | public | 6-12 | 1.94 mi | |
John Muir High School | public | 9-12 | 2.01 mi | |
San Rafael Elementary School | public | K-5 | 2.02 mi | |
Hamilton Elementary School | public | K-5 | 2.19 mi | |
Eliot Arts Magnet | public | 6-8 | 2.22 mi | |
Altadena Elementary School | public | K-5 | 2.30 mi | |
Daniel Webster | public | K-5 | 2.38 mi | |
Jackson Elementary School | public | K-5 | 2.46 mi |
405 411 N Euclid Ave is a Residential Income in Pasadena, CA 91101. This – square foot property sits on a 23,257 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,995,000 and was built in 1950.
This address can also be written as 405 411 N Euclid Ave, Pasadena, CA 91101.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of March 11, 2025. For the most current information, please contact Han Chen, (626) 594-4900