$900,000
●
Multifamily -
Off Market
175 Painter
Pasadena, CA 91103
Studio
0 Bath
$4,395
Est. Monthly
About This Property
Charming Turnkey Craftsman with Bonus Bungalow
Beautifully maintained and move-in ready, this classic Craftsman offers a 4-bedroom, 1-bath main home plus a detached 1-bedroom, 1-bath bungalow-ideal for extended family or rental income.Recent upgrades include a new roof, HVAC system, and water heater, along with fresh exterior paint that enhances its timeless curb appeal. The bungalow, previously rented for $2,000 per month, features its own separate gas and electric meters for convenience and privacy.Both homes include refrigerator, washer, and dryer, making this a truly turnkey opportunity. Perfect for first-time buyers seeking extra income potential or savvy investors looking for a versatile property with separate outdoor entertaining spaces for each home.
Beautifully maintained and move-in ready, this classic Craftsman offers a 4-bedroom, 1-bath main home plus a detached 1-bedroom, 1-bath bungalow-ideal for extended family or rental income.Recent upgrades include a new roof, HVAC system, and water heater, along with fresh exterior paint that enhances its timeless curb appeal. The bungalow, previously rented for $2,000 per month, features its own separate gas and electric meters for convenience and privacy.Both homes include refrigerator, washer, and dryer, making this a truly turnkey opportunity. Perfect for first-time buyers seeking extra income potential or savvy investors looking for a versatile property with separate outdoor entertaining spaces for each home.
Unit Size
-
Days on Market
57 days
Land Size
0.09 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1910
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 10 months ago (CRMLS #PW25259109)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 8, 2026 | Sold | ||
| Sold | |||
| Dec 13, 2025 | In contract | - | |
| In contract | |||
| Dec 5, 2025 | Price Decreased |
$895,000
↓ $80K
(8.2%) | |
| Price Decreased | |||
| Nov 12, 2025 | Listed by T.N.G. Real Estate Consultants | $975,000 | |
| Listed by T.N.G. Real Estate Consultants | |||
Property Highlights
Parking Available
Interior Details
Laundry Features: Laundry Room
Exterior Details
Year Built Source: Assessor
Year Built: 1910
Building Area Total: 1915
Building Area Units: Square Feet
Pool Features: None
Lot Features: Front Yard
Lot Size Area: 4001
Lot Size Units: Square Feet
Lot Size Acres: 0.0919
Lot Size Square Feet: 4001
Tax Lot: 73
Water Source: Public
Utilities Details
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/12/2025
| |
Studio
|
-
|
-
|
$975,000
Studio
-
|
$900,000
-7.69%
01/08/2026
|
Francesca Mauro
T.N.G. Real Estate Consultants
|
|
05/03/2022
| |
Studio
|
-
|
-
|
$1,095,000
Studio
-
|
$850,000
-22.37%
11/17/2022
|
Andrea Gressinger
Keller Williams-Santa Monica
|
|
01/09/2020
| |
Studio
|
-
|
-
|
$849,000
Studio
-
|
$849,000
01/30/2020
|
Brian Noh
Nohco Real Estate
|
|
09/22/2016
| |
4 Bed
|
2 Bath
|
1949 ft²
|
$600,000
4 Bed
2 Bath
1949 ft²
|
$586,000
-2.33%
06/30/2017
|
Victor Polanco
Victor Polanco, Broker
|
Building Info
About Northwest Pasadena
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Listed by: Francesca Mauro, T.N.G. Real Estate Consultants
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW25259109
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW25259109
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