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719 721 N Garfield Avenue

Pasadena, CA 91104

– beds
– baths
– sqft
13,908 sqft lot
1963 build
– on site

Garfield Apartments is a well-located, 16-unit, value-add opportunity in the desirable city of Pasadena, CA. This gated community features an attractive unit mix of 1, 2, and 3-bedroom units. Property amenities include covered parking, gas cooking, individual gas and electric meters, and a shared laundry facility. Recent capital improvements include soft-story retrofitting, a new roof (2020), dual-pane windows, and fresh exterior paint. Garfield Apartments offers investors a compelling opportunity to acquire a value-add asset with strong in-place income and significant upside; approximately 48% upside in rents. The property is operating at a 5.7% cap rate with current rents, 9.7% with market rents.

Listed By CRMLS_CA / Ryan Loria / Triqor Group / 949-756-3232

Last checked: Checking… • Last updated Jul 11, 2025 •

MLS# PW25156120 —

The Building

Year Built:

1963
Year Built Source:

Public Records
New Construction:

No
Building Area Total:

10571.00
Building Area Units:

Square Feet
Total Number Of Units:

16
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

16
# of Separate Water Meters:

1
# of Separate Electric Meters:

16

Interior

Entry Location:

/
Laundry:

Common Area
Laundry:

1

Location

Directions:

Driving West on Orange Grove Blvd., Turn Right Onto N. Garfield Ave., Property Will be On Your Left
Latitude:

34.15827300
Longitude:

-118.14415800

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

PSR*
Lot Features:

Irregular Lot
Lot Size Area:

13908.0000
Lot Size Acres:

0.3193
Lot Size SqFt:

13908.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

V
Tax Census Tract:

4620.01

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5725022010

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Sidewalks
Pool:

None
Senior Community:

No
Private Pool:

No

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Max Internet Speed

AT&T Internet

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
7/11/25 Jul 11, 2025	Listed / Active	CRMLS_CA	$3,600,000

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This multifamily located in Northwest Pasadena, Pasadena, CA 91104 is currently for sale for $3,600,000. 719 721 N Garfield Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 1 days. 719 721 N Garfield Avenue is in the Northwest Pasadena neighborhood of Pasadena and has a WalkScore® of 90, making it very walkable.

Listing Courtesy of: CRMLS_CA and Triqor Group. Based on information from California Regional Multiple Listing Service, Inc. as of 14:53 on Jul 12.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.