$2,200,000
500 Mound Avenue, South Pasadena CA 91030
Multi-Family
Property type
123 days
On market
$482
Price per sqft
0 cars
Garage
1921
Year built
10,046 sqft
Lot size
Open Houses
Overview
Drive by ONLY! Please do not disturb residents. Rare 6 unit investment property located in South Pasadena known for its award-winning schools and proximity to: Los Angeles, Caltech, the Huntington Library and Pasadena Rose Bowl. Located near: Bristol Farms, Fair Oaks Retail, Garfield Park and the Metro Station.
Listing provided by: Norman Haley DRE #00528924 626-791-7000, Norm Haley Real Estate
Listing updated: Feb 25, 2026 at 07:34pm.
Last checked: Jun 13, 2026 at 02:00pm
Source: CRMLS #P1-25851
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| — | 0 | 1 | — | $1,885 | $1,885 | $22,620 | Unfurnished |
| — | 1 | 1 | — | $1,789 | $1,789 | — | — |
| — | 1 | 1 | — | $1,892 | $1,892 | — | — |
| — | 2 | 1 | — | $1,953 | $1,953 | — | — |
| — | 2 | 1 | — | $2,150 | $2,150 | — | — |
| — | 1 | 1 | — | $1,985 | $1,985 | — | — |
# of Buildings: 3
Separate Electric Meters: 6
Separate Gas Meters: 6
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 6
Total Actual Rent: $11,654
Financial Snapshot
Gross Rent Multiplier
16.4x
List Price / Annual Gross Rent
Cap Rate
3.75%
NOI / List Price
Gross Scheduled Income: $133,858
Operating Expense: $51,353
Net Operating Income: $82,505
Annual Operating Expenses
Electric: $150
Fuel: $0
Insurance: $5,500
Maintenance: $7,027
New Taxes: $24,200
Pest Control: $1,140
Trash: $3,000
Water / Sewer: $4,071
Interior
Cooling: Wall Window Units
Heating: Wall Furnace
Appliances: Free Standing Range, Refrigerator
Fireplace: None
Laundry: None
Exterior
Property Attached: No
Roof: Shingle
Construction Materials: Frame, Plaster, Stucco
Common Walls: No Common Walls
Lot Features: Lawn
Pool: None
Spa: None
Fencing: Wood
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Natural Gas Connected
View: None
Road Surface Type: Paved
Garage and Parking
Parking: None
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5317019001
Tax Lot: 3
Tax Tract #: 246
Subdivision: Not Applicable
Tax Tract: 246
Community
HOA Fee: $0
Senior Community: No
Community Features: Curbs