Millman Team Real Estate

$1,750,000
0.34 Acre Lot

1500 Navarro Avenue, Pasadena, California None

  • Residential Income Property Type
  • Carport Cars Garage
  • 1950 Year Built
Property Description

Located in the desirable North Central Pasadena neighborhood, 1500 Navarro presents a rare opportunity to acquire a well-maintained, income-producing asset with strong in-place cash flow. This 6-unit multifamily property consists of one-bedroom units, fully occupied with stable Section 8 tenants, offering reliable and consistent rental income.Built in 1950 and held under long-term ownership, the property has been thoughtfully maintained, reflecting pride of ownership. Each unit is equipped with in-unit laundry–an increasingly sought-after amenity–enhancing tenant satisfaction and retention.The property offers one dedicated parking space per unit, along with additional storage cupboards conveniently located at each parking space. Residents also enjoy a shared outdoor common area, creating a comfortable and functional living environment. Ample street parking further adds to the property’s accessibility for tenants and guests.Situated in a charming and established pocket of Pasadena, the property is ideally located near local shops, dining, and essential services, making it highly attractive. With its combination of location, stability, and amenities, 1500 Navarro is an excellent opportunity for investors seeking a low-maintenance asset with dependable returns and long-term upside.Ideal for both seasoned investors and those looking to enter the Pasadena multifamily market, this property delivers on all fronts: location, stability, and consistent performance.

Basic Details
Residential Income
For Sale
P1-26542
$1,750,000
None
1950
0.34 Acre
Active
1
Features
: None
: Wrought Iron
: None
: Carport, Off Street
6.0
: Inside, See Remarks
: Public Sewer
$0
Address Map
CA
Los Angeles
Pasadena
Not Applicable
Navarro
1500
Avenue
W119° 50' 48.2''
N34° 10' 17.9''
Head north on Fair Oaks, turn west on Washington, and then turn north on Navarro.
645 - Pasadena (NW)
Additional Information
$0
$0
$0
$0
$0
: Sidewalks
: One
: Sprinklers None
6
2026-04-03
1900000
1
: Public
Broker/Agent Information
COMPASS
Teresa Fuller
Listing Information
Cori Cooperider
PF24352
PF10755
COMPASS
P785794
PF10755
Cash,Cash to New Loan
Active
2026-05-07T16:10:44Z
CRMLS
: Standard
2026-04-02T17:00:00Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us