# 415 S El Molino, Pasadena, CA 91101

> **TL;DR:** 3bd/2ba multi-family, $4,290,000, built 1955. Est. $22,944/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,290,000 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Year Built | 1955 |
| Lot Size | 20,011 sqft (0.46 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $21,693 |
| Estimated Insurance | $1,251 |
| **Total** | **$22,944** |

## Property Highlights

- Built in 1955
- 0.46 acre lot
- 2 stories
- 15 parking spaces

## Description

### Agent Description
Rare 12 Unit multi-family asset near the prestigious Pasadena 's Madison Heights neighborhood . the lucrative R-3 multi -family zoning property offers significant density and expansion potential . Featuring classic architectural charter with clear CapEx upside. this offering is an exceptional opportunity to with immediate rental upside , significant long term development , allow for the addition of high -yield income elements such ADUs making it perfect for maximizing site density . Property situated in or near the highly coveted Prime location , known for its leafy walkable streets , historic architecture , and proximity to major employment hubs like Whole food , Huntington hospital, Jet Propulsion Lab. Old town and Metro gold line. , steps from Art-center and Caltech . Value add & Capex upside. The property likely features "vintage or original 1920s -1950s charm that is ripe for Capex modernization ( complete tear-off and installation of a new roofing system. Full exterior repainting . Replacing of all the aging water heaters. Comprehensive interior renovation across 7 units .

## Location

- **Address:** 415 S El Molino, Pasadena, CA 91101
- **County:** Los Angeles
- **Coordinates:** 34.138755, -118.13717
- **Google Maps:** https://www.google.com/maps?q=34.138755,-118.13717

## Listing Agent

- **Name:** X F SHIRLEY H. LAM
- **Brokerage:** IRN REALTY
- **Phone:** (626) 447-5100

## Primary Photo

![415 S El Molino - Primary Photo](http://lh.rdcpix.com/cd64932a41c5506b5ee38a8be763d8d3l-f3466273374r.jpg)

*6 total photos available on [listing page](https://www.propertysimple.ai/listing/415-s-el-molino-pasadena-ca-91101-26158276)*

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**MLS#:** WS26158276 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/415-s-el-molino-pasadena-ca-91101-26158276)

---

## Structured Data

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  "name": "415 S El Molino, Pasadena, CA 91101",
  "description": "Rare 12 Unit multi-family asset near the prestigious Pasadena 's Madison Heights neighborhood . the lucrative R-3 multi -family zoning property offers significant density and expansion potential . Featuring classic architectural charter with clear CapEx upside. this offering is an exceptional opportunity to with immediate rental upside , significant long term development , allow for the addition of high -yield income elements such ADUs making it perfect for maximizing site density . Property sit",
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  "datePosted": "2026-07-30",
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