719 N Garfield Avenue, Pasadena Property Listing: MLS® #PW25156120

Garfield Apartments is a well-located, 16-unit, value-add opportunity in the desirable city of Pasadena, CA. This gated community features an attractive unit mix of 1, 2, and 3-bedroom units. Property amenities include covered parking, gas cooking, individual gas and electric meters, and a shared laundry facility. Recent capital improvements include soft-story retrofitting, a new roof (2020), dual-pane windows, and fresh exterior paint. Garfield Apartments offers investors a compelling opportunity to acquire a value-add asset with strong in-place income and significant upside; approximately 48% upside in rents. The property is operating at a 5.7% cap rate with current rents, 9.7% with market rents.

719 N Garfield Avenue, Pasadena Property Listing: MLS® #PW25156120 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: PW25156120
  • 719 N Garfield Avenue
  • Pasadena, CA 91104
  • $3,600,000
  • 6 Beds, 3 Bath, 0.32 Acres
  • Office: Triqor Group

Garfield Apartments is a well-located, 16-unit, value-add opportunity in the desirable city of Pasadena, CA. This gated community features an attractive unit mix of 1, 2, and 3-bedroom units. Property amenities include covered parking, gas cooking, individual gas and electric meters, and a shared laundry facility. Recent capital improvements include soft-story retrofitting, a new roof (2020), dual-pane windows, and fresh exterior paint. Garfield Apartments offers investors a compelling opportunity to acquire a value-add asset with strong in-place income and significant upside; approximately 48% upside in rents. The property is operating at a 5.7% cap rate with current rents, 9.7% with market rents.

Supplemental Remarks

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Essential Information

  • MLS® #PW25156120
  • Listing Price$3,600,000
  • Date ListedJuly 11th, 2025
  • Days on Market3
  • Bedrooms6
  • Bathrooms3.00
  • Acres0.32
  • Lot Sq.Ft.13,909
  • TypeResidential Income
  • Sub-TypeRes Income 2-4 Units
  • StatusActive

Dues

  • Mello Roos Dues$3,405
  • Total Monthly Dues$283

Community Information

  • Address719 N Garfield Avenue
  • AreaPASADENA (91104)
  • CityPasadena
  • CountyLos Angeles
  • StateCA
  • Zip Code91104

Amenities

  • PoolN/K

Interior

  • FireplaceYes

Exterior

  • Lot DescriptionSidewalks
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Listing information last updated on August 28th, 2025 at 4:21pm PDT.