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$1,650,000
56 N Parkwood, Pasadena, CA 91107
Compass
MLS® WS26119724
6Beds
4Baths
0Days Listed
About This Property
Prime Pasadena Multifamily Investment Opportunity! Located at 56 N. Parkwood Avenue, this five-unit Pasadena multifamily property features an attractive unit mix of 2 (2BD/1BA) units and 3 (1BD/1BA) units. One of the 1-bedroom, 1-bathroom units is currently vacant and available for rent, providing immediate upside potential for investors and owner-users alike. A floor plan and interior photos of the vacant unit are included, allowing prospective buyers to evaluate the layout, condition, and rental potential. Ideally situated near Caltech, Pasadena City College, Huntington Hospital, Old Town Pasadena, and the South Lake Avenue shopping and dining district, the property benefits from strong rental demand and convenient access to major employment centers, public transportation, parks, and entertainment. Whether you're seeking stable cash flow, future rental growth, or a long-term hold in a high-demand market, this Pasadena multifamily property offers an exceptional investment opportunity. With its desirable unit mix, prime location, and immediate leasing opportunity, 56 N. Parkwood Avenue is well-positioned for both current income and long-term appreciation. Don't miss this chance to own a five-unit Pasadena investment property with strong fundamentals and significant upside potential.
TONY MACompass626-759-4812MLS® WS26119724
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 6
- Bathrooms
- 4
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 0
- Cumulative Days on Market
- 1
- Original Price
- $1,650,000
- MLS® Number
- WS26119724
Location & Neighborhood
What's nearby 56 N Parkwood, Pasadena, CA 91107
Nearby Schools
- Assigned
- Assigned
- Assigned
- Hamilton Elementary0.5 mi
Elementary School • Public • K–5
- Twentieth Street Elementary0.6 mi
Elementary School • Public • K–5
- Marshall Fundamental1.1 mi
Secondary School • Public • 6–12
- Norma Coombs Elementary1.2 mi
Elementary School • Public • K–5
- Learning Works1.1 mi
Secondary School • Public • 7–12
Parks & Recreation
- Magical Playground0.1 mi
playground
- Robinson Stadium0.5 mi
park
Transit Access
- 187 / Pasadena0.1 mi
Bus Stop
- Allen & Colorado0.1 mi
Bus Stop
- Colorado & Allen0.1 mi
Bus Stop
- Metro 1810.2 mi
Bus Stop
- Allen / Walnut0.2 mi
Bus Stop
Local Amenities
Coffee & Cafes
- It's Boba Time0.1 mi
- Fika Fika Coffee0.2 mi
Dining
Banking
- Bank of America0.2 mi
Fitness
- Hot Yoga0.3 mi
POI data updated 7/19/2026
Pasadena Market Snapshot
396
Active Listings
$985K
Median Price
30
Avg Days on Market
Last updated: Jun 3, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$1,650,000