Listed by Enrique Lizarazu, COMPASS, (626) 205-4040
1156 Steuben St
Pasadena, CA 91106
South
5 Beds
5 Baths
3,164 sqft
5 Beds
5 Baths
3,164 sqft
Local Information
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Description
Unique investment opportunity in the heart of Pasadena—perfectly situated within walking distance to Colorado Boulevard, Pasadena City College, and Caltech. This property, zoned RM48, offers significant development potential in one of the most desirable and transit-accessible neighborhoods in the city. While the tax records show the property as a duplex, it is currently operating with five income-generating units. With an attractive Gross Rent Multiplier and Cap Rate, this asset allows you to collect income immediately while submitting plans for new construction or redevelopment. Additional property highlights include: Common laundry facility / Two water heaters/One electric meter and one gas meter/ Delivered with existing tenants in place This is a rare chance to secure a well-located, income-producing property with strong upside potential in a high-demand rental market. Whether you’re looking to expand your portfolio or begin a new project, this property offers both stability and opportunity. New sewer line.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$292
Listed
180+ days ago
Home Details for 1156 Steuben St
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Interior Details Number of Rooms: 4Types of Rooms: Basement, Kitchen, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 5 |
Appliances & Utilities Appliances: Dryer, WasherDryerLaundry: Common AreaWasher |
Heating & Cooling Heating: Floor Furnace,Wall FurnaceHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Floor Furnace |
Fireplace & Spa Fireplace: NoneSpa: NoneNo FireplaceNo Spa |
Windows, Doors, Floors & Walls Flooring: Carpet, Laminate, Tile, WoodCommon Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: living roomFloors: Carpet, Laminate, Tile, Wood |
View No ViewView: None |
Security Security: Carbon Monoxide Detector(s), Smoke Detector(s) |
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Exterior Home Features Foundation: Combination, Raised, Slab, StoneNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 3Has a GarageParking Spaces: 5Parking: Garage |
Pool Pool: None |
Frontage Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 275Days on Market: 180+ |
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Year Built Year Built: 1905 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Condition: FixerParcel Number: 5735015003 |
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Price List Price: $925,000Price Per Sqft: $292 |
Status Change & Dates Possession Timing: See Remarks |
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MLS Status: Active |
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Direction & Address City: Pasadena |
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Listing Agent Listing ID: PF25256939 |
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Building Area Building Area: 3164 Square Feet |
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Community Features: Curbs, Street Lights, SidewalksNot Senior Community |
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Association for this Listing: California Regional MLSHOA Fee: No HOA Fee |
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Lot Area: 6807 sqft |
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Special Conditions: Standard, Trust |
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Listing Terms: Cash, Cash to New Loan |
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Lease Term: Month To MonthHas Rent Control |
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BasementMls Number: PF25256939Living Area Range Units: Square FeetAttribution Contact: 626-818-0980Common Interest: NoneUniversal Property Id: US-06037-N-5735015003-R-N |
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CurbsStreet LightsSidewalksSource Internet Entire Listing Display |
Last check for updates: about 2 hours ago
Listing Provided by: Enrique Lizarazu DRE #00691382, (626) 818-0980
COMPASS
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PF25256939
Also Listed on CRMLS.
Price History for 1156 Steuben St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/20/2026 | $925,000 | PendingToActive | CRMLS #PF25256939 |
| 03/26/2026 | $925,000 | Contingent | CRMLS #PF25256939 |
| 01/08/2026 | $925,000 | PriceChange | CRMLS #PF25256939 |
| 11/14/2025 | $1,000,000 | Listed For Sale | CRMLS #PF25256939 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $15,459 |
| Assessment | $1,304,661 |
Home facts updated by county records
Comparable Sales for 1156 Steuben St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.48 | Multi-Family Home | $1,250,000 | 09/03/25 | 5 | 3 | 1,828 | |
0.72 | Multi-Family Home | $1,346,129 | 12/08/25 | 8 | 4 | 3,378 | |
0.66 | Multi-Family Home | $2,899,000 | 10/07/25 | 6 | 6 | 4,668 | |
0.87 | Multi-Family Home | $1,600,000 | 04/08/26 | 6 | 5 | 2,750 | |
0.73 | Multi-Family Home | $1,970,000 | 11/14/25 | 6 | 7 | 4,004 | |
0.93 | Multi-Family Home | $1,180,000 | 03/27/26 | 6 | 4 | 2,512 | |
0.17 | Multi-Family Home | $2,735,000 | 01/09/26 | 13 | 12 | 8,945 | |
0.68 | Multi-Family Home | $2,400,000 | 06/25/25 | 8 | 4 | 5,988 | |
0.54 | Multi-Family Home | $2,995,000 | 12/26/25 | 9 | 7 | 6,403 |
Assigned Schools
These are the assigned schools for 1156 Steuben St.
- Blair High School
- 6-12
- Public
- 1053 Students
4/10GreatSchools RatingParent Rating AverageI liked Armenian teacher from 2021-2022. She sadly left. didn't like Armenian program no offense though. Chem and math teachers were alight. No offense didn't like rest of teachers. Students also are very careless. Im not a nerd but I felt like one and made only 2 friends. Never been to a school with so much students doing absolutely nothing. Also staff/teacher of course treat not good with bullying and sometimes do it themselves. I switched schools. And it was far worse than this school so I give it credit.Other Review2y ago - McKinley School
- K-8
- Public
- 538 Students
2/10GreatSchools RatingParent Rating AverageAs a student, my time at McKinley was a bit short of expectation. It was the first school I attended after moving to the US and I immediately encountered bullying. I was placed in a class with english speaking children and was put behind Duolingo while everyone else did their activities, which made me fall behind. Moving up grades I became more proficient. I wasn’t any trouble, so often times one of my teachers would send me to accompany another student to the bathroom as the instructor was afraid the student would ditch instead. Thinking about it now, it’s a very odd system. I would also often get cussed out by the students even though it was not my fault. I also witnessed foul language being said towards teachers, and a teacher even quit halfway through the year due to the bullying coming from the students. Not a fun school.Other Review3y ago 
Check out schools near 1156 Steuben St.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about South
At least 205 Trulia users voted on each feature.
91 % Say it's dog friendly
90 % Say there are sidewalks
88 % Say it's walkable to restaurants
82 % Say it's walkable to grocery stores
74 % Say people would walk alone at night
72 % Say streets are well-lit
69 % Say car is needed
59 % Say they plan to stay for at least 5 years
58 % Say parking is easy
57 % Say there's holiday spirit
57 % Say it's quiet
46 % Say neighbors are friendly
46 % Say yards are well-kept
40 % Say kids play outside
38 % Say there's wildlife
23 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Enrique Lizarazu, COMPASS
Agent Phone: (626) 818-0980
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information