LKV Realty
Logo
$1,650,000
$6,000Reward *
56 N Parkwood, Pasadena, CA 91107Listing ID WS26119724

56 N Parkwood, Pasadena, CA 91107

Active
Time on site: 74 daysLast updated: Jul 14, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Apartment
Square Feet
Square Feet
3,377
Acres
Acres
0.19
Days on Site
Days on Site
74
Cooling
Cooling
Wall/Window Unit(s)
Heating
Heating
Wall Furnace
Year Built
Year Built
1953
Stories
Stories
1
Garages
Garages
2
Parking
Parking
Assigned, On Street

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. Two 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.

Property Information

Property Details

Location

Address
56 N Parkwood
County
Los Angeles
City
Pasadena
Zip Code
91107
MLS Area
648 - Pasadena (SE)

Interior Features

Other Rooms

Laundry Features
Washer Hookup, Gas Dryer Hookup

Building

Building Information

Square Feet
3,377
Year Built
1953
Stories
1

Financial

Special Conditions
Standard
TONY MACompass, (626) 205-4040

Market Report for 91107

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

WS78979