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500 Mound Ave
South Pasadena, CA 91030 South Pasadena

$2,200,000 USD

Apartments For Sale  •  4,650 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,650 SF
  • Lot Size 0.23 AC
  • Building Class C
  • Year Built 1921
  • Zoning SPR310000*
50 Transit Score
70 Walk Score

Highlights

Fully leased six-unit multifamily investment property in a high-barrier-to-entry South Pasadena neighborhood.
Stable income profile supported by long-term tenants and consistent area housing demand.
Strong financial operations with a documented net operating income of $82,505 and efficient utility allocation via separate meters.
Centrally located near transit, parks, grocery, and regional attractions that enhance year-round renter appeal.
Situated within an award-winning school district that enhances long-term property desirability and occupancy stability.
Surrounded by established residential, cultural, and employment centers offering sustained demand and upward value potential.

Property Flyers

Public Transportation

AirportDriveWalkDistance
Bob Hope 25 min - 17.9 mi
Los Angeles International 35 min - 22.8 mi
Long Beach (Daugherty Field) 37 min - 24.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Norm Haley 626-840-7366 Norm Haley Real Estate
Norm Haley 626-840-7366 Norm Haley Real Estate