Property Detail

2553 Nina

Pasadena CA 91107

$2,120,000

Status: Active

Property Details

Description

Rare opportunity to acquire the subject property, a well-maintained 5-unit apartment community ideally located in the heart of Pasadena, one of the most established and consistently sought-after residential markets in the San Gabriel Valley. Built in 1950/1953 and coming to market for the first time in over 30 years, this offering represents a true generational ownership event a pride-of-ownership asset in a city defined by enduring demand and deep-rooted residential character.Situated on an expansive 13,725 square foot lot, the property totals 3,032 square feet of gross building area, averaging 606 square feet per unit across five separate buildings three of which contain residential units. The asset features a unit mix of four (4) one-bedroom, one-bath units and one (1) two-bedroom, one-bath house, a configuration that offers the privacy and feel of standalone living rarely found in traditional apartment product.In-place rents generate a scheduled monthly income of $11,013 and scheduled yearly income of $132,156, with garage income contributing an additional $5,640 annually supporting durable, diversified cash flow at the property.Pasadena's enduring appeal further strengthens the investment profile of the subject property. The asset is embedded within one of the most amenity-rich cities in Los Angeles County, with convenient access to the shops, dining, and cultural destinations of Old Pasadena, South Lake Avenue, and the Playhouse District, as well as the recreational amenities of Eaton Canyon, the Arroyo Seco, and the Rose Bowl. Proximity to the 210 and 134 freeways and the Metro A Line ensures easy connectivity to major employment hubs including Caltech, the Jet Propulsion Laboratory, and Huntington Health sustaining deep, consistent rental demand.With its prime Pasadena address, rare five-building configuration, strong in-place income, on-site garages, and first-time availability in over 30 years, the subject property represents a rare opportunity to acquire a generational, pride-of-ownership asset in one of the most enduring and supply-constrained submarkets in Los Angeles.

Map Location

Listing provided courtesy of John Boyett of CBRE. Last updated 2026-09-15 08:10:58.000000. Listing information © 2025 CRMLS.

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Whether it's your first townhouse, vacation property or coastal dream home, I will work to find the property that's best for you. I am able to anticipate and fulfill each of my clients needs, in order to find the perfect home for them and their family. I am here to work with you, to find the best fit for you, and am excited for the opportunity.

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"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

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"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"Ever has been my agent through two purchases and one sale. He has a keen sence of the market and knows how best to price and time sales and purchases. He makes sure to get the job done and places the most importance on making his satisfying his clients wishes to the best of his ability. He works well with escrow, property managers, and whomever he needs to speak with."

"Working with Ever was a joy. We had a number of unexpected challenges during the process of selling our house and Ever was consistently there to help, guide, and support us. He was always available for consultation and never lost sight of the immediate issues nor the long term goals. Ever was an exemplary professional in every way and I would highly recommend him."

"Working with Ever was a great experience. Selling our Mom's house was emotionally difficult for us. Ever guided us thru the process and made it smooth and easy as possible for us. He responded to all of our questions with professionalism and knowledge. He kept us informed of every action during the sale. We trusted his advice and insights and he delivered on everything he said. The sale was quick and smooth and we couldn't be happier. We highly recommend Ever. He definitely knows his business."

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