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500 Mound Ave
South Pasadena, CA 91030 South Pasadena

$2,200,000 USD

Office Residential For Sale  •  4,650 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 4,650 SF
  • Lot Size 0.23 AC
  • Building Class C
  • Year Built 1921
  • Tenancy Multiple
  • 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

Commuter RailDriveWalkDistance
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 15 min - 7.8 mi
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