Rare opportunity to own four attractive Craftsman-style units in a prime Pasadena location near Pasadena City College, California Institute of Technology, and the vibrant Lake Avenue shopping and dining district. Built in 2004, the property features two separate buildings with a well-designed mix of spacious townhouse-style units and strong rental appeal. The front building consists of two thoughtfully designed townhouse-style units, each offering 3 bedrooms and 2.5 bathrooms. The open-concept ground floors include generous living rooms with dining area, functional kitchens, powder rooms, and convenient indoor laundry closets. Back doors lead to private rear patios overlooking a beautifully maintained common area with mature landscaping and a tranquil fountain setting. The rear building includes an additional 3-bedroom, 2.5-bath townhouse-style unit plus a desirable upstairs 1-bedroom unit. Each tenant enjoys the convenience of a private detached two-car garage located at the rear of the property. This unique opportunity offers an appealing mix of stability and upside potential, with one long-term tenant currently on a lease that expires in November and three units on month-to-month agreements. Excellent location with close proximity to shopping, dining, schools, and major commuter routes makes this a compelling investment opportunity in one of Pasadenas most sought-after rental markets.
Features
10 bedrooms
10 bathrooms
crop_free10135 sq. ft. lot size
cottageMulti-Family
Property history for 112 S Roosevelt Ave
2022
Rented
Undisclosed
01 May 2022 by Douglas Elliman - Newport Beach
2013
Sold
$523,922
28 Jan 2013
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Local market activity for 10 bedroom multi families in Pasadena
Sold
For Sale
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