Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

53 S Roosevelt Ave, Pasadena, CA, 91107

9beds
5baths
4,350sqft
$2,150,000
$494price/sqft
$14,198/moest. monthly cost
$567,920/yrincome needed

About This Home

Location, Location, Location! Rare opportunity to own a 4-unit compound of fully detached homes in one of Pasadena’s most desirable residential pockets, just south of Colorado Blvd. Situated on an expansive 11,256 SF lot, the property offers approximately 4,350 SF of living space with an ideal layout for both end-users and investors. The front residence features 3 bedrooms and 2 bathrooms, while the rear homes each offer 2 bedrooms and 1 bathroom, all with functional layouts, high ceilings, and abundant natural light. Separate electric and gas meters, shared laundry, and covered parking provide convenience and operational efficiency. Surrounded by well-maintained homes and set along a wide, tree-lined street, the property offers a quiet, comfortable environment with strong neighborhood appeal - a rare blend of lifestyle and investment fundamentals. Zoned RM-32, this property presents exceptional redevelopment potential for higher-density new construction (buyer to verify). The large lot further enhances its appeal with ADU and value-add opportunities, making it equally attractive to developers seeking long-term upside. A unique offering that seamlessly combines current income, future development potential, and a premier Pasadena location — opportunities like this are rarely available.

Getting Around

89
WalkingVery Walkable
52
TransitGood Transit
71
BikeVery Bikeable

Schools

7/10
2/10
Learning Works SchoolGrades 7-120.7 mi
7/10
Pasadena High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1978

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 5

Features

  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Forced Air,Heat Pump,Wall Furnace
  • Cooling features: Central Air,Heat Pump,Wall/Window Unit(s)

Interior Area

  • Total structure area: 4,350
  • Total interior livable area: 4,350 sqft

Property

Details

  • Parcel number: 5747006049
  • Special condition: Standard

Features

  • Entry location: ground
  • Pool features: None
  • Fencing: Block

Lot

  • Lot size: 0.26 Acres

Parking

  • Total spaces: 7
  • Parking features: Covered
  • Covered spaces: 6
  • Uncovered spaces: 1
  • Carport: Yes
  • Carport spaces: 6