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Sold on 10/06/2026
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264 E Glenarm, Pasadena, CA 91106

$1,250,000

Last sold 10/06/2026 after 43 Days

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    bed

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    bath

Multi-family not for sale

About 264 E Glenarm

Property type Multi-family
Neighborhood
Year built 1927
HOA fee $0/month
Lot size 7,638 Sqft
Rental estimate
Property description
Prime Pasadena location near Madison Heights, Metro Gold Line and Old Town Pasadena. Offering an excellent opportunity to own a four-unit multifamily property in a highly desirable area. The property consists of four studio apartment with 1 bathroom each, providing a total of four units, along with four detached carport parking spaces. Each unit offers a straightforward layout with strong potential for updating and repositioning. The property is located on a prime Pasadena street, close to shopping, restaurants, transportation, and many of the amenities that make Pasadena such a sought-after market. While the property is in need of updating, this is an opportunity to invest in the location and underlying potential of the property. The property is zoned RM-32-HL-1, offering potential for additional development, including the possibility of adding another unit or pursuing a new construction project, subject to city approval and applicable zoning requirements. With four existing units, dedicated carport parking, a desirable Pasadena location, and potential for future development, this property presents an attractive opportunity for an investor, owner-user, or developer looking to add value in one of the San Gabriel Valley's most established markets. Buyer to verify zoning, development potential, permits, square footage, and all property information with the City of Pasadena and appropriate professionals.
Listed by
Listing Agent - Pamela DelRey
Listing Agent Contact: 626-841-2387
Listing Office - Art Del Rey Realty, Inc.
Source: CRMLS mls logo
MLS#AR26185682 • last updated 3 days ago
Movoto checked CRMLS for data 7 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Apartment
Virtual Tour N/A
Status Closed
Lot Size (Acres) 0.1753
Lot Size (SqFt) 7638
Year Built 1927
Condition Fixer
Interior
Laundry None
Flooring Carpet
Appliances Refrigerator, Gas Water Heater, Gas Range
Accessibility Features None
Exterior
Foundation Raised
Construction Plaster
Building Area Square Feet, 2016
Parking Assigned
# Carport Spaces 4
# Parking Spaces 4
Lot Description Level With Street, 2-5 Units/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View Mountain(s)
County Los Angeles
Community Features Curbs, Street Lights
Directions S/California
APN 5324004005
Multifamily Details
Expense: Trash 600
Operating Expense 26198.3
Expense: Insurance 3462
Total Expenses 26198.3
Expense: Water/ Sewer 1435
Gross Income 67415
Expense: Electric 3129
Gross Scheduled Income 67415
Expense: Gardener 1080
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
Rental est.: $1,824/month
Gross rent multiplier: 57.1
  • Oct 2026
    mls logo MLS # AR26185682
  • Oct 6, 2026 Sold
    $1,250,000
  • Sep 10, 2026 Active
    —
  • Aug 24, 2026 Listed
    $1,250,000
  • Year Property taxes Tax assessment
  • 2024
    $6,505 +0.9%
    $505,249 +2.0%
  • 2023
    $6,449 +3.4%
    $495,348
  • 2022
    $6,239 +4.1%
    $495,348 +4.04%
  • 2021
    $5,993 +3.8%
    $476,124
  • 2020
    $5,775 -0.3%
    $476,124 +3.05%
  • 2018
    $5,791 +1.3%
    $462,011 +4.09%
  • 2017
    $5,716 +2.3%
    $443,842 +2.0%
  • 2016
    $5,585 +1.2%
    $435,140
  • 2015
    $5,521
    —
  • 264 E Glenarm
    $1.25M
  • Madison Heights
    $1.55M +75% y/y
  • 91106
    $799K -3% y/y
  • Pasadena
    $1.14M -11% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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