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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

276 S Sierra Madre Boulevard, Pasadena – $5,875,000

  • 1 Bed
  • 2 Baths
  • .35 Acres
  • 24 DOM
  • 1 Bed
  • 2 Baths
  • .35 Acres
  • 24 DOM

276 S Sierra Madre Boulevard

TURN-KEY, FULLY UPDATED PROPERTY!! Rare offering of 22 units, meticulously maintained, South of Del Mar Blvd. at $267K per unit and 5.34% Cap Rate,....Pride of Ownership just north of San Marino border. The property features UPDATED WINDOWS, ELECTRICAL, & PLUMBING SYSTEMS; REMODELED INTERIORS, Newer roof, refreshed landscaping, and secured on-site gated parking, offering a low-maintenance profile for investors seeking a streamlined, predictable operation. Thoughtful improvements enhance tenant appeal while reducing future capital expenditures. Master metered for electricity, gas and water, making this a perfect candidate to pass-thru utility expenses, trimming expenses and improving cash flow! The unit mix includes 4 spacious 1-bed + 1-bath units and 18 well-designed singles, totaling approximately 8,884 SF (per appraiser) of building area on a 14,600 SF lot. With highly functional layouts and modern finishes throughout, the building boasts units that are always in demand and stands out as an exceptionally pride-of-ownership asset in a supply-constrained submarket.

Essential Information

  • MLS® #25626927
  • Price$5,875,000
  • Bedrooms1
  • Bathrooms2.00
  • Acres0.35
  • Year Built1956
  • TypeResidential Income
  • StatusActive

Community Information

  • Address276 S Sierra Madre Boulevard
  • Area648 - Pasadena (SE)
  • CityPasadena
  • CountyLos Angeles
  • Zip Code91107

Amenities

  • ParkingAssigned, Gated, On Street
  • GaragesAssigned, Gated, On Street

Interior

  • HeatingHeat Pump
  • # of Stories2
  • StoriesTwo

Interior Features

Chair Rail, Ceiling Fan(s), Crown Molding, Recessed Lighting

Appliances

Dishwasher, Microwave, Refrigerator

Cooling

Electric, Heat Pump, Wall/Window Unit(s)

Exterior

  • WindowsDouble Pane Windows

Additional Information

  • Date ListedDecember 8th, 2025
  • Days on Market24
  • ZoningLCR4YY

Listing Details

  • AgentAlexander Metaxas

Office

Realty Investment Advisors, Inc.

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Alexander Metaxas, Realty Investment Advisors, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of January 1st, 2026 at 6:36am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.