127 North Greenwood Avenue

Pasadena, CA 91107

$1,495,000
Price
5
Beds
4
Baths
2,274 Sq. Ft.
$657 / Sq. Ft.
2,274
Sq. Ft.
$657
per Sq. Ft.

Description

Welcome to 127-131 N. Greenwood Ave, Pasadena. This beautifully updated triplex combines classic charm with modern upgrades, offering both comfort and exceptional income potential. Situated on a spacious lot with three separate buildings, this property offers privacy, and versatility. The front two units consist of 1-bedroom, 1-bath units with private entrances. Each unit features bright interiors, functional layouts, and updated finishes. The rear building features a generously sized 3-bedroom,...Welcome to 127-131 N. Greenwood Ave, Pasadena. This beautifully updated triplex combines classic charm with modern upgrades, offering both comfort and exceptional income potential. Situated on a spacious lot with three separate buildings, this property offers privacy, and versatility. The front two units consist of 1-bedroom, 1-bath units with private entrances. Each unit features bright interiors, functional layouts, and updated finishes. The rear building features a generously sized 3-bedroom, 2-bath unit perfect for owner occupancy. This unit consists of a new roof and updated windows, fresh interior paint, a spacious walk-in closet, hardwood floors throughout, a cozy fireplace in the living room, stainless steel kitchen appliances, indoor laundry and a private side yard. Additional property features include new exterior paint and refreshed landscaping, detached 2-car garage with ample storage, additional driveway parking, and an upgraded electrical system. Currently tenant-occupied with strong rental income, the property also offers room for rental growth in a high demand neighborhood. Located minutes from Old Town Pasadena, the Rose Bowl, Caltech, and a wide range of excellent dining, shopping, and entertainment options, don’t miss the opportunity to own this updated, income-generating property in one of Pasadena’s most desirable neighborhoods.
  1. Listed by Cesar Carrillo • DRE #01272108 • Brokerage DRE #00616212 • Coldwell Banker Realty • 626-786-3752
  2. Listed by JIM LEK • DRE #00696204 • Brokerage DRE #02082542 • KO TAI REALTY

Property Details for 127 North Greenwood Avenue

View
None
Parking Spaces Total
2
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
3.0
Building Type
Detached
Lot Size Source
Public Records
Living Area
2274
LISTING UPDATED: 01/07/2025 10:24 PM

Property Details for 127 North Greenwood Avenue

StatusActive
MLS #AR25003236
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size0.18 AC / 7,808 SF
CountyLos Angeles County

Building Information for 127 North Greenwood Avenue

Stories1Residences-Year Built1920Building Size-Lot Size0.18 AC / 7,808 SF

Property Information for 127 North Greenwood Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $63,406
  • Net Operating Income: $39,406
Expense Details
  • Operating Expense: $24,000
  • Gardener Expense: $1,210
  • Fuel Expense: $0
  • Licenses Expense: $644
  • Pest Control Expense: $475
  • Electric Expense: $0
  • Insurance Expense: $1,342
  • Maintenance Expense: $2,864
  • Professional Management Expense: $3,170
  • Other Expense: $12,798
  • Other Expense Description: pptytax
  • Trash Expense: $693
  • Water Sewer Expense: $804
  • Total Expenses: $24,000
Tax / Assessment Info
  • Tax Tract Number: 4627
  • Tax Census Tract: 4627.00
  • Tax Lot: 25
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Suburban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Free-Standing Range, Gas Range, Gas Water Heater, Range Hood, Refrigerator
  • Equipment: Dishwasher, Inside, Refrigerator, Room
  • Interior Features: Ceiling Fan(s), Tile Counters
  • Room Type: Kitchen, Laundry, Living Room, Walk-In Closet
  • Bedroom Features: WalkInCloset
  • Water Heater Features: Gas
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Floor Furnace, Forced Air
  • Heating: Floor Furnace, Forced Air
  • Flooring: Tile, Wood
Exterior Features
  • Door Features: French Doors, Panel Doors
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Roof: Composition, Shingle
  • Entry Location: Front
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Front Yard, Lot 6500-9999, Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage, Shared Driveway, Side By Side
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Concrete, Garage, Shared Driveway, Side by Side
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,618
  • Unit Type Total Rent: $1,618
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,829
  • Unit Type Total Rent: $1,829
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,374
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 127 North Greenwood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 127 North Greenwood Avenue

Taxable ValueLand$706,967Additions$382,940Total$1,089,907
Tax Record2024$12,798 ($1,067 / month)
Home Facts
Total Finished SqFt2,274 SqFtAbove Grade Finished SqFt2,274 SqFtLot Size7,806 SqFtStyleTriplexYear Built1920ZoningPSR1CountyLOS ANGELESAPN5746-016-041

Schools near 127 North Greenwood 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 - 6 to 12
Rating
School
Distance
Hamilton Elementary School
PublicK to 5

Woodrow Wilson Middle School
Public6 to 8

Pasadena High School
Public9 to 12

Marshall Fundamental School
Public6 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.

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127 North Greenwood Avenue is a multi-family home for sale in Pasadena, CA 91107. This property was listed for sale on January 6, 2025 by Coldwell Banker Realty, it's currently listed at $1,495,000. It has been on the market for a total of 1 days and was last sold on July 10, 2014. This listing's school district is Pasadena Unified School District. Nearby schools include Hamilton Elementary School, Woodrow Wilson Middle School and Pasadena High School. 127 North Greenwood Avenue is a 5-bed, 4-bath, 2,274 sqft multi-family home built in 1920.

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 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 Coldwell Banker Realty, Cesar Carrillo, DRE #01272108; KO TAI REALTY, JIM LEK, DRE #00696204

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.