USACAPasadena56 N Parkwood Ave
Listing image | Image 1

56 N Parkwood Ave, Pasadena, CA

Condo

For Sale

Listed price in listed location currency (USD).
$1,650,000

005

MLS® WS26168777

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Days Active 2
Approx. Age 1953
MLS® Number WS26168777

Property Address: 56 N Parkwood Ave, Pasadena, CA, 91107-3588

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberWS26168777
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1953
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatWall Furnace
A/CWall Window Units

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 3, 2026List Date
$1,650,000List Price
-End Date
Not Sold YetSold Price

For Sale

Jun 3, 2026List Date
$1,650,000List Price

Home Appraisal

This property is estimated to sell between: $827,000 and $2,062,000.
Similar properties in this area sold on average for: $827,666
Expected to sell in 54 days. Similar properties sold in 56 days. This home has been on eXp Realty for 2 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
Destination Address
56 N Parkwood Ave, Pasadena, CA

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