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  • 990 Valley View Avenue

990 Valley View Avenue, Pasadena, CA 91107

$11,995,000 Approx. USD 72 beds, 40 baths
41,204 sqft

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The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
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Lic#: 01276603
NRDS ID: 187514104
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Lic#: 01276603
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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700
Tustin 18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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Listing Agent


Alexander Metaxas | ametaxas@riacre.com
Lic#: 01784652
Broker: Courtesy of Realty Investment Advisors, Inc.
Phone: 6264874300

Co Listing Agent


Benjamin J. Hsiang | bhsiang@riacre.com
Lic#: 01438644
Broker: Courtesy of Realty Investment Advisors, Inc.
Phone: 424-377-6001

Agent Remarks

A GENERATIONAL ASSET AVAILABLE FOR THE FIRST TIME IN OVER 50 YEARS!! We are pleased to present for sale an outstanding 40-unit multifamily property location at 990 Valley View in Pasadena offering scale, an outstanding unit mix, and real potential for significant, long-term rent growth. Located near Hastings Ranch, it borders the city of Sierra Madre and is one of the only apartment buildings in the surrounding area. The building features a highly desirable unit mix consisting of 32 two-bedroom/one-bath units and 8 one-bedroom/one-bath units, with the building records showing a size of over 41,200 total square feet. A handful of units having been fully remodeled, providing a proven blueprint for future interior renovations and the potential to capture real rent growth with turnover. The location and size of this property only add to its appeal and rarity. Just a 5-minute drive to the extensive collection of shopping, dining, entertainment, and everyday conveniences at Hastings Village and Hastings Ranch Center. The destinations include Whole Foods Market, Trader Joe's, Sprouts Farmers Market, Dick's Sporting Goods, Lucky Strike, and a laundry list other retailers, restaurants, and services. The building has already benefited from important capital improvements, including updated windows, completed soft-story seismic retrofit, copper plumbing and a recent repainting helping reduce near-term capital requirements. The electrical system has been serviceable for building and has been insurable for current ownership. DO NOT DISTURB TENANTS OR MANAGER.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26994565
Price: $11,995,000
Beds: 72
Baths: 40
Built in 1961
41,204 sqft
0.75 acres
Lot size: 0.7481
County: Los Angeles
Zoning: PSR3
Appliances: Refrigerator
Parking description: Covered,Garage,Tandem
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: 646 - Pasadena (NE)

Last Updated: 9/30/2026

 Days On Market (DOM): 2

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This listing belongs to the 646 - Pasadena (NE) MLS area

Lat/Long: 34.163749, -118.068838.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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