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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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1299 E Green Street Pasadena, CA 91106
$25,000,000 0 beds, 91 baths
62, 683 sqft
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Agent Remarks

Green Street Apartments presents a rare value-add investment opportunity in Pasadena, comprising 90 residential units and approximately 1,500 square feet of street-front retail. The property features structured parking, a swimming pool, fitness center and resident amenities while generating established in-place cash flow. The residential units are subject to affordability requirements. Current ownership is renovating units and achieving approximately $200 per month in additional rent within applicable regulatory limits, demonstrating further upside through continued unit renovations, modernization of common areas, ancillary revenue growth and operating efficiencies. Danbi Coffee, a beloved specialty cafe known for its minimalist design, curated coffee program, and serene atmosphere. With several locations across Southern California, Danbi Coffee brings a refined and welcoming presence to the neighborhood, serving as a community gathering spot and enhancing the property's cultural and commercial appeal.Pasadena itself is a city celebrated for its cultural richness and historic charm. Home to the world-famous Rose Bowl Parade, held every New Year's Day, Pasadena draws thousands to witness the pageantry of elaborate floats and musical performances. Beyond the festivities, Colorado Boulevard serves as a vibrant commercial corridor, lined with boutiques, cafes, and one-of-a-kind shops that reflect the city's eclectic spirit.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26865683
List price is $25,000,000
Beds: 0
Baths: 91
Built in 2009
62,683 sqft
0.59 acres
Lot size: 0.5893
County: Los Angeles
Zoning: PSC-
Appliances: Disposal,Microwave,Refrigerator
Parking description: Underground,Side By Side
Heating description: Central
MLS area: 648 - Pasadena (SE)

Last Updated: 8/19/2026

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This listing belongs to the 648 - Pasadena (SE) MLS area

Lat/Long: 34.144745, -118.123160.
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Listing Agent: Lee Johnson
Lic#: 01867638
Office Name: Beverly Hills
Broker: Berkshire Hathaway HomeServices CA Properties

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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