1156 Steuben

Pasadena, CA, 91106

For Sale $1,000,000

0.16acre

Unique investment opportunity in the heart of Pasadena—perfectly situated within walking distance to Colorado Boulevard, Pasadena City College, and Caltech. This property, zoned RM48, offers significant development potential in one of the most desirable and transit-accessible neighborhoods in the city. While the tax records show the property as a duplex, it is currently operating with five income-generating units. With an attractive Gross Rent Multiplier and Cap Rate, this asset allows you to collect income immediately while submitting plans for new construction or redevelopment. Offers are due 7/30/2025 at 6:00 pm

Listing agent:

Enrique Lizarazu

License #00691382

COMPASS

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1156 Steuben is a Land property located in Pasadena, California, featuring a 0.156 acre lot, MLS #PF25150795.

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Data last modified: 2025-10-31 20:56:59