
Pasadena, California 91104
This triplex presents a Strong Value Opportunity with a List Price of $1,400,000—positioned well below the $1,477,657 Fair Market Value by 5%. This valuation gap offers $77,657 in Instant Equity. Featuring a Fair Condition Rating, the property includes a modernized unit and an Exceptional Parking Ratio with three attached two-car garages. With clear San Gabriel Mountain views and a strategic location, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add multi-family property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1717 Atchison Subject | $1,400,000* List Price | 0 | 0 | 2,745 | $538 | - |
A 2152 E Washington Active | $1,387,000 List Price | 0 | 0 | 2,376 | $584 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, the property is nearly 60 years old. While the description notes one unit has a newer kitchen, bath, and HVAC, the overall site shows signs of age, specifically the heavily cracked and worn asphalt driveway. The remaining two units are described as functional but likely dated, placing the property in the 'Fair' category as it requires minor repairs and modernization across the majority of the lot.
Each of the three units includes an attached two-car garage, a rare and highly desirable feature for multi-family properties that significantly enhances tenant appeal and rental premium.
The property is ideally situated in a prime Pasadena neighborhood with easy freeway access and close proximity to essential amenities, schools, and public transportation.
One unit has been recently upgraded with a newer kitchen, bathroom, and central HVAC, providing an immediate high-value unit for an owner-user or premium rental.
While one unit is fully modernized, the other two units may require future capital expenditures to bring them up to the same contemporary standard and maximize total portfolio ROI.
Built in 1965, the property may possess aging systems or utility configurations typical of mid-century construction that could necessitate ongoing maintenance compared to newer builds.
Excellent location, Great neighborhood! 3 units on one lot each consists of two bedrooms one bath with attached 2 car garage. All units are in good condition, spacious bright and airy. The last unit has a newer kitchen, newer bathroom and central A/C and Heat. Close to shopping centers, supermarkets, schools, public transportation and churches. Easy access to freeway. Mountain views. Must see to appreciate!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 0.0 | 2.7 |
| Square foot | 2,745 | 2,036.143 |
| Lot Size | 8,992 | 9,244.429 |
| Price | $1.40M | $1.19M |
| Price per sq ft | $510 | $581 |
| Built year | 1965 | 1937 |
| HOA | $0 | $0 |
| Days on market | 23 | 79 |
Aug 17, 2026
$1,400,000
Initial Listing