About this home

ASSUMABLE FINANCING AVAILABLE AT 3.84% FOR ~5 YEARS @ 56% LTV... 83 S Daisy Avenue is an extensively renovated 8-unit multifamily property located in the Lamanda Park neighborhood of Pasadena. The property is being offered with an assumable loan of $1,841,000 at 3.84% with 5 years remaining and 56% LTV. Built in 1954, the property was gut remodeled in 2020 by current ownership and offers investors a well-maintained, turnkey asset with modern unit features rarely found in vintage product. The property encompasses approximately 5,948 square feet of living space on a 0.26 acre lot and features a unit mix of (6) 2BR/1BA units and (2) 1BR/1BA units. Every unit has been renovated with recessed lighting, updated kitchens and bathrooms, hardwood floors, and is equipped with an in-unit combination washer/dryer. Plus, all 2-bedroom units and one of the 1-bedroom units feature a dishwasher. These are amenities that support strong tenant retention and premium rents. Ownership has completed numerous capital improvements in recent years. The plumbing has been upgraded to copper throughout, and the main sewer line has been replaced (per owner). The electrical system has been fully upgraded with a new main panel, breakers and in-unit subpanels. The building has also been recently painted, and emergency gas shut-off valves have been installed. The property is fully parked with (8) carport stalls, each paired with its own outdoor storage unit. This space provides strong potential to add detached ADUs at the back of the lot. Residents also enjoy a charming outdoor courtyard with beautiful landscaping and a shared BBQ area. Ideally situated in the vibrant Pasadena submarket, 83 S Daisy Avenue sits on a quiet, tree-lined residential street just south of Colorado Boulevard. Nearby retail includes Hastings Ranch Plaza and Hastings Village Shopping Center, with abundant dining along the Colorado Boulevard corridor. Demand is further supported by major employers and institutions including Kaiser Permanente, Caltech, JPL, Huntington Hospital and Pasadena City College, driving strong and consistent rental demand.

Facts and features

Schools

• Willard Elementary School

  elementary · K-5 · 0.7 mi

  8

• Pasadena High School

  high · 9-12 · 1.2 mi

  7

• Walden School

  elementary · K-6 · 0.0 mi

• Learning Works School

  middle · 7-12 · 0.2 mi

  2

• Rosemary School, The

  middle · 7-12 · 0.4 mi

• Christ Centered Pasadena

  elementary · K-12 · 0.6 mi

Price history

• Nov 2, 2026 · Listed$3,285,000
• Apr 10, 2018 · Sold$2,400,000
• Feb 26, 2018 · Listed$2,350,000
• Feb 22, 2010 · Sold$1,215,000
• Jan 4, 1984 · Sold$365,000
• Nov 1, 1974 · Sold$80,000

Tax history

• 2025$32,702 tax · $2,785,399 assessed
• 2024$31,228 tax · $2,730,784 assessed
• 2023$30,970 tax · $2,705,040 assessed
• 2022$30,766 tax · $2,652,000 assessed
• 2021$28,688 tax · $2,522,828 assessed
• 2020$27,551 tax · $2,496,960 assessed
• 2019$27,620 tax · $2,448,000 assessed
• 2018$16,846 tax · $1,378,365 assessed

Home value

$3,509,619

• Quantarium$3,509,619
• Collateral Analytics$1,429,000

Where it is