Condo Investment Properties in Pasadena, CA | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Pasadena, CA

Property at 1015 N Michillinda Ave APT 302, Pasadena, CA
Listed for sale 3 days ago
$ 569,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign476
  • 2 Bed
  • 2 Bath
  • 982 sft
1015 N Michillinda Ave APT 302, Pasadena, CA, 91107
Property at 238 S Arroyo Pkwy, Pasadena, CA
$ 549,900
ROI
23.7ROI percentage
Cash Flow/m
Dollar sign548
  • 1 Bed
  • 1 Bath
  • 708 sft
238 S Arroyo Pkwy, Pasadena, CA, 91105
Property at 879 Michigan Blvd Unit O, Pasadena, CA
$ 999,980
ROI
20.3ROI percentage
Cash Flow/m
Dollar sign59
  • 3 Bed
  • 3 Bath
  • 2290 sft
879 Michigan Blvd Unit O, Pasadena, CA, 91107
Property at 265 W California Blvd APT 1, Pasadena, CA
$ 975,000
ROI
20.9ROI percentage
Cash Flow/m
Dollar sign211
  • 3 Bed
  • 3 Bath
  • 1724 sft
265 W California Blvd APT 1, Pasadena, CA, 91105

Why Invest in Pasadena, California?

Investing in Pasadenian condos presents a prime opportunity given the city's vibrant real estate market. With an average rental yield of 5.2% and an appreciation rate of 7% over the past year, this location shows strong potential for savvy investors. The combination of an average cash flow of $2,500 and a cap rate of 6.3% further solidifies why you should consider this market for your next investment.

12%
Avg. ROI
5.2%
Rental Yield
6.3%
Cap Rate
$2500/mo
Avg. Cash Flow
$3200/mo
Avg. Rent
7%
1Y Appreciation

Frequently Asked Questions

The average rental price for condos in Pasadena is around $3,200 per month, reflecting the city's desirability and rental demand.

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