Share This Listing

Message

959 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Excellent Unit Mix Consisting of One Approx. 2000 Sq. Ft. 3-Bedroom 2.5-Bath Craftsman Style Home & Four 2-Bedroom 1-Bath Units
  • Great Location Near the Historic, Coveted Neighborhood of Bungalow Haven
  • Interior and Exterior Has Been Extensively Remodeled with Custom High-End Finishes
  • 4.5% Cap Rate on Current, 5.9% on Market

Executive Summary

Triqor Group presents Holliston House & Apartments, an exceptional, fully reimagined 5-unit compound in one of Pasadena’s most desirable neighborhoods. Anchored by a beautifully restored ~2,000 sq. ft. Craftsman residence (3BR/2.5BA + den), the property also includes four spacious 2BR/1BA residences—offering a rare blend of architectural character and refined modern living. Each residence has been meticulously upgraded with designer finishes, including quartz surfaces, custom cabinetry, stainless steel appliances, and spa-inspired bathrooms. The main home showcases hardwood flooring, central heat, in-room A/C, a versatile den, basement, and in-unit laundry hookups. The apartment homes feature open-concept layouts, wood-look tile flooring, and elegantly appointed walk-in showers. Extensive system upgrades—roof, plumbing, electrical, windows, and driveway—deliver a turnkey, low-maintenance ownership experience. With strong in-place income and approximately 20% upside, the asset offers both immediate stability and future upside. Set near the iconic Bungalow Haven Historic District, and moments from Lake Avenue and Old Pasadena, the location provides effortless access to premier dining, retail, and cultural destinations. Proximity to Caltech, Art Center College of Design, and the Rose Bowl further enhances long-term desirability.

Property Facts

Price $2,400,000
Price Per Unit $480,000
Sale Type Investment
Cap Rate 4.53%
Gross Rent Multiplier 14.82
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.27 AC
Building Size 4,744 SF
Average Occupancy 100%
No. Stories 2
Year Built 1963
Parking Ratio 1.05/1,000 SF
Zoning PSR1 - Public, Semi-Public, Recreation

Amenities

Site Amenities

  • Wi-Fi
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $2,375 685
3+2.5 1 $4,000 2,000
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
5739-020-017
Land Assessment
$706,832
Improvements Assessment
$369,423
Total Assessment
$1,076,255
  • Listing ID: 40393643

  • Date on Market: 5/4/2026

  • Last Updated:

  • Address: 580 N Holliston Ave, Pasadena, CA 91106

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}