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1400 N. Garfield Ave, Pasadena, CA 91104

1400 N Garfield Ave presents a four-unit multifamily opportunity located in Pasadena, positioned north of Washington Blvd within a quiet residential pocket characterized by established housing stock and low-density streets. The location continues to attract long-term residents drawn to Pasadena’s employment base, neighborhood amenities, and access to Old Town, the Rose Bowl, and surrounding commercial corridors.

The property combines larger-than-typical unit layouts with a two-building site configuration that preserves separation and privacy across the lot. 1400 N Garfield Ave consists of four residential units spread across a front and rear structure, offering a residential scale that aligns naturally with the surrounding neighborhood while providing flexibility for both owner-users and long-term investors.

Flexible Unit Configuration Across Two Structures

The front building at 1400 N Garfield Ave includes two larger-format residences: a 2+2 with loft measuring approximately 1,500 SF and a 4+2.5 measuring approximately 1,677 SF. Both units feature fireplaces, French doors, and architectural detailing consistent with Pasadena’s traditional residential character.

The rear structure contains two matching 3+2 units. The upper unit opens to a private deck, while the lower unit connects directly to a full-length patio. This layout enhances privacy and outdoor usability while maintaining a functional and efficient site arrangement across the parcel.

One unit is delivered vacant, providing immediate owner-user occupancy without tenant displacement. For buyers targeting Pasadena opportunities with live-in flexibility, this introduces a clear owner-user or hybrid owner-user/investor path while preserving income from the remaining units.

On-Site Amenities and Recent Capital Improvements

Property amenities at 1400 N Garfield Ave include 1-car garages and in-unit laundry for the front units, surface parking between the buildings, covered carport parking, and community laundry serving the rear units. The parking and circulation layout supports straightforward management while maintaining the residential feel of the site.

Recent capital improvements include new roofs, copper plumbing, a completed earthquake retrofit, resurfaced driveway, fresh exterior paint, and updated landscaping. These upgrades address major building systems and exterior condition, reducing near-term capital requirements for future ownership.

Pasadena Location Near Washington Blvd and Old Town

1400 N Garfield Ave is located minutes from Old Town Pasadena, the Rose Bowl, and neighborhood retail along Washington Blvd and Lake Ave. The surrounding area provides convenient access to employment centers throughout Pasadena and the broader San Gabriel Valley, reinforcing consistent housing demand.

The neighborhood is defined by established homes, owner-occupant pride, and limited multifamily density, supporting long-term tenancy and residential appeal.

Oversized Lot With Long-Term Optionality

A defining characteristic of 1400 N Garfield Ave is its oversized lot. The parcel provides flexibility beyond the existing four units and introduces potential ADU opportunities, subject to buyer verification of zoning, setbacks, and feasibility. This allows ownership to operate the property as-is while evaluating future density strategies over time.

In-Place Performance and Rental Upside

From an investment standpoint, 1400 N Garfield Ave is offered at a 12.77 GRM on current rents with approximately 36% rental upside relative to renovated market comparables. The larger unit sizes, Pasadena location, and completed capital improvements provide a clear framework for incremental rent growth without altering the existing footprint.

Conclusion: Well-Located Pasadena Fourplex With Owner-User Flexibility

1400 N Garfield Ave offers a well-located Pasadena fourplex combining larger unit layouts, a two-building configuration, owner-user optionality, and meaningful rental upside on an oversized lot. The combination of recent capital improvements, residential-scale layout, proximity to Pasadena’s core amenities, and long-term site flexibility positions 1400 N Garfield Ave as a compelling Pasadena multifamily opportunity for buyers seeking current income with future optionality.

Marketing Package:

Property Location

Sold Price
$1,575,000

Information

Number of Units
4 Units
Price per. Unit
$393,750
Bldg. Size
5,570 SF
Price per Foot
$283
Lot Size
10,881 SF
Year Built
1932
Current CAP
5.17%
Market CAP
7.81%
Zoning
PS2

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