Property Details
About this Property
Unique investment opportunity in the heart of Pasadena—perfectly situated within walking distance to Colorado Boulevard, Pasadena City College, and Caltech. This property, zoned RM48, offers significant development potential in one of the most desirable and transit-accessible neighborhoods in the city. While the tax records show the property as a duplex, it is currently operating with five income-generating units. With an attractive Gross Rent Multiplier and Cap Rate, this asset allows you to collect income immediately while submitting plans for new construction or redevelopment.
MLS Listing Information
MLS #
CRPF25150795
MLS Source
California Regional MLS
Days on Site
8
Lots & Land Information
Lot Description
Grade - Level
Parking, School, and Other Information
HOA Fee
$0
Zoning
LW, LSR, LL
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1156 Steuben St is in Pasadena, CA 91106. This Land is currently priced at $1,025,000. This address can also be written as 1156 Steuben St, Pasadena, CA 91106.
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This listing information is up-to-date as of July 11, 2025. For the most current information, please contact Enrique Lizarazu, (626) 639-1683
