411-417 N Euclid Ave

$4,150,000
Price
1
Bed
10
Baths
4,774 Sq. Ft.
$869 / Sq. Ft.
4,774
Sq. Ft.
$869
per Sq. Ft.

Description

Highly Desirable Single Story 10-units near Old Town Pasadena, Very Attractive Return w/ 5.25% Current CAP Rate, Excellent Location, Large lot size, Secured Entrance with Private Patio, Almost All Units are Fully Upgraded. 411-417 N Euclid Ave, a very attractive 10-unit Single-story apartment investment, only several blocks north of Old Town Pasadena. This offering provides a very attractive going-in ACTUAL CAP Rate of 5.25% providing consistent and stable cash flow for a savvy investor. The property...Highly Desirable Single Story 10-units near Old Town Pasadena, Very Attractive Return w/ 5.25% Current CAP Rate, Excellent Location, Large lot size, Secured Entrance with Private Patio, Almost All Units are Fully Upgraded. 411-417 N Euclid Ave, a very attractive 10-unit Single-story apartment investment, only several blocks north of Old Town Pasadena. This offering provides a very attractive going-in ACTUAL CAP Rate of 5.25% providing consistent and stable cash flow for a savvy investor. The property is a 10-unit single story modern style apartment, and offers strategic location near the Old Town Pasadena, and Rose Bowl area. It was built in 1950 and has been completely renovated with permits in 2022-2023. It consists of 3 single-story buildings and situated on a large ±11,627sf R3 lot. The property has been completely renovated with permits (9 out of 10 units are fully upgraded), and offers an efficient mix of nine 1bedrooms, and one studio unit. Each unit is unique because it has a vaulted ceiling layout with most units having their own private patio. All the upgraded units have undergone a top-to-bottom renovation with full electrical and plumbing upgrades (plumbing upgrade in unit), new high durability wood vinyl and tile flooring in bathroom, new windows throughout, in-unit combo washer/dryer, state of the art mini-split HVAC systems, new kitchen with quartz kitchen countertop and new kitchen cabinets and stainless-steel kitchen appliances (gas range, dishwasher, and refrigerator), and new bathrooms with new vanities, toilets, bathtubs, and name brand fixtures. The property has a shared driveway with 405 N Euclid (5-unit next door – also for sale). Parking is provided by 10 open space parking (some are tandem) – no parking soft story retrofit is required. The property does not have any balcony, so it does not require any SB721 inspection. The exterior upgrades include a new entry gate, new parking gate, new exterior paint and signage, completely redone landscaping, updated electrical, and much more! The property is in the highly desirable area of Pasadena just several blocks north of Old Town Pasadena. It is situated on a quiet tree-lined street and within minutes from the Gold Line and numerous additional shopping and dining options on Colorado Boulevard and Lake Avenue. Near Pasadena’s historic City Hall, it sits just minutes from the California Institute of Technology, PCC, etc.
  1. Listed by Handoko Chen • DRE #01749321 • Brokerage DRE #02201380 • Growth Investment Group Pasade • han.chen@growthinvestmentgroup.com

Property Details for 411-417 North Euclid Avenue

Parking Spaces Total
10
Private Pool
No
Cooling Type
Ductless, SEER Rated 16+
Total Units
10.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4774
Assessor Parcel Number
5725-031-015
LISTING UPDATED: 08/19/2025 07:38 AM

Property Details for 411-417 North Euclid Avenue

StatusActive
MLS #AR25186697
Days on Market127
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1950
CountyLos Angeles County

Location

Listing Courtesy of Growth Investment Group Pasade, Handoko Chen, DRE #01749321
Add your commute

Building Information for 411-417 North Euclid Avenue

Building/Complex411-417 N Euclid AveFloor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built1950Building Size-

Payment Calculator

$20,507 per month

30 year fixed, 6.28% Interest

Principal and Interest

$20,507

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 411-417 North Euclid Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $289,039
  • Gross Scheduled Income: $289,039
  • Vacancy Allowance: 5781
  • Vacancy Allowance Rate: 2
  • Gross Operating Income: $283,258
  • Net Operating Income: $218,400
  • Gross Multiplier: 14.36
  • Cap Rate: 5.26
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $64,858
  • New Taxes Expense: $45,226
  • Gardener Expense: $1,200
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $3,581
  • Maintenance Expense: $4,000
  • Professional Management Expense: $0
  • Trash Expense: $3,000
  • Water Sewer Expense: $3,000
  • Total Expenses: $64,858
Tax / Assessment Info
  • Tax Annual Amount: $47,950
  • Tax Tract Number: 0
  • Tax Census Tract: 4619.01
  • Tax Lot: 22
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Suburban, Valley
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Range, Range Hood, Refrigerator
  • Equipment: Dishwasher, Dryer, Dryer Included, Gas Dryer Hookup, Refrigerator, Washer, Washer Hookup, Washer Included
  • Laundry: Yes
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Ductless, SEER Rated 16+
  • Heating Type: Ductless, Wall
  • Heating: Ductless, Wall Furnace
  • Flooring: Vinyl, Wood
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Entry Location: 1
  • Property Condition: Turnkey, Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit, Park Nearby
  • Direction Faces: East
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 10
  • Open Other Spaces Total: 10
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 9
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 9
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,434
  • Unit Type Total Rent: $21,904
  • Unit Type Pro Forma: 24300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,163
  • Unit Type Total Rent: $2,163
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 10
  • Rent Controlled: Yes
  • Number Of Buildings: 5
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 10
  • Number With Range: 10
  • Number With Refrigerator: 10
  • Number With Carpet: 0
  • Number With Disposal: 10
  • Number With Drapes: 0
  • Number With Patio: 8
  • Number Wall AC: 10

Property History for 411-417 North Euclid Avenue

DateEvent & SourcePriceAppreciation
Aug 18, 2025

Listed (Active)

CLAW #AR25186697MR

$4,150,000—
Aug 18, 2025

Listed (Active)

CRMLS #AR25186697

$4,150,000—
Jan 1, 2024

Expired

CRMLS #AR23108143

$4,388,000—
Dec 31, 2023

Expired

CLAW #AR23108143MR

$4,388,000—
Aug 11, 2023

Withdrawn / Cancelled

CRMLS #AR23108143

—
Aug 11, 2023

Withdrawn / Cancelled

CLAW #AR23108143MR

—
Jun 17, 2023

Listed (Active)

CLAW #AR23108143MR

$4,388,000—
Jun 17, 2023

Listed (Active)

CRMLS #AR23108143

$4,388,000—
Jun 13, 2023

Withdrawn / Cancelled

CLAW #AR23035543MR

—
Jun 13, 2023

Withdrawn / Cancelled

CRMLS #AR23035543

$5,200,000—
Apr 20, 2023

Price Change

CLAW #AR23035543MR

$5,200,000—
Apr 19, 2023

Price Change

CLAW #AR23035543MR

$5,250,000—
Apr 19, 2023

Pending

CRMLS #AR23035543

—
Apr 19, 2023

Price Change

CRMLS #AR23035543

$5,250,000—
Apr 19, 2023

Pending

CLAW #AR23035543MR

—
Mar 2, 2023

Listed (Active)

CLAW #AR23035543MR

$4,400,000—
Mar 2, 2023

Listed (Active)

CRMLS #AR23035543

$4,400,000—
DateEvent & SourcePrice
08/18/2025

Listed (Active)

CLAW #AR25186697MR

$4,150,000
08/18/2025

Listed (Active)

CRMLS #AR25186697

$4,150,000
01/01/2024

Expired

CRMLS #AR23108143

$4,388,000
12/31/2023

Expired

CLAW #AR23108143MR

$4,388,000
08/11/2023

Withdrawn / Cancelled

CRMLS #AR23108143

—
08/11/2023

Withdrawn / Cancelled

CLAW #AR23108143MR

—
06/17/2023

Listed (Active)

CLAW #AR23108143MR

$4,388,000
06/17/2023

Listed (Active)

CRMLS #AR23108143

$4,388,000
06/13/2023

Withdrawn / Cancelled

CLAW #AR23035543MR

—
06/13/2023

Withdrawn / Cancelled

CRMLS #AR23035543

$5,200,000
04/20/2023

Price Change

CLAW #AR23035543MR

$5,200,000
04/19/2023

Price Change

CLAW #AR23035543MR

$5,250,000
04/19/2023

Pending

CRMLS #AR23035543

—
04/19/2023

Price Change

CRMLS #AR23035543

$5,250,000
04/19/2023

Pending

CLAW #AR23035543MR

—
03/02/2023

Listed (Active)

CLAW #AR23035543MR

$4,400,000
03/02/2023

Listed (Active)

CRMLS #AR23035543

$4,400,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 411-417 North Euclid Avenue

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Madison Elementary School
PublicK to 5

Octavia E. Butler Magnet School
Public6 to 8

John Muir High School
Public9 to 12

Rose City High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

411-417 North Euclid Avenue is a multi-family home for sale in Pasadena, CA 91101. This property was listed for sale on August 18, 2025 by Growth Investment Group Pasade, it's currently listed at $4,150,000. This listing's school district is Pasadena Unified School District. Nearby schools include Madison Elementary School, Octavia E. Butler Magnet School and John Muir High School. 411-417 North Euclid Avenue is a 1-bed, 10-bath, 4,774 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Growth Investment Group Pasade, Handoko Chen, DRE #01749321

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.