719 Garfield, Pasadena CA 91104 | $3,600,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 13908 Lot Sq Ft
  • Type: Apartment
  • Stories: 2
  • Year Built: 1963
  • MLS#: PW25156120
  • Community: 645 - Pasadena (NW)

Listing provided courtesy of Ryan Loria of Triqor Group. Last updated 2025-08-15 08:11:41.000000. Listing information © 2025 SANDICOR.

Garfield Apartments is a well-located, 16-unit, value-add opportunity in the desirable city of Pasadena, CA. This gated community features an attractive unit mix of 1, 2, and 3-bedroom units. Property amenities include covered parking, gas cooking, individual gas and electric meters, and a shared laundry facility. Recent capital improvements include soft-story retrofitting, a new roof (2020), dual-pane windows, and fresh exterior paint. Garfield Apartments offers investors a compelling opportunity to acquire a value-add asset with strong in-place income and significant upside; approximately 48% upside in rents. The property is operating at a 5.7% cap rate with current rents, 9.7% with market rents.

More Details

0.32 Acres
2 Stories

Cristopher Crozier

Call or Text: 760.626.2600