1156 Steuben St

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

This home located at 1156 Steuben ST is currently active and has been available on pardeeproperties.com for 67 days. This property is listed at $1,065,000. It has 0 beds and 0 bathrooms. 1156 Steuben ST is in the Pasadena SE community of Los Angeles County.

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