2301 Pasadena AV Los Angeles CA 90031 | MLS #SR26162858
Pads on Pasadena Avenue – a 22-unit boutique repositioning opportunity in Lincoln Heights / NELA, minutes to DTLA, LAC+USC Medical Center and the Metro L Line. Operated under a valid LAHD RSO certificate; rooms feature private kitchenettes with on-site shared laundry. Priced at $1,899,000 against a 9.28% stabilized pro forma cap (GRM 6.04). The asset is currently in lease-up, offering a rare value-add basis with fully entitled plans to add a private bath to every room and create private-bath studios. Dual-use flexibility as a boutique hostel or RSO apartments, with strong 2028 Olympics-driven demand. Financials shown reflect stabilized underwriting; current occupancy is in repositioning. Buyer to verify all figures, entitlements, unit legality and square footage.
Property Details
Price:
$1,899,000
MLS #:
SR26162858
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
677lincolnhts
Listed Date:
Jul 26, 2026
Total Sq Ft:
6,348
Lot Size:
5,762 sqft / 0.13 acres (approx)
Year Built:
1962
See this Listing
Schools
Interior
Laundry Features
CM
Exterior
Financial
Map
Community
- Address2301 Pasadena AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90031
Subdivisions in Los Angeles
- #5666 lot 114
- 12471
- 27003
- Beachwood Canyon
- Bel Air
- BEL AIR CREST
- Biscuit Company Lofts
- Brentwood Country Estates
- Canyon Shores
- Castle Heights
- Cedar Lodge
- Culver District 16
- Doheny Estates
- Downtown
- Edgewater Towers
- Evo
- Hacienda Tularosa
- Hollywood Dell
- Jefferson Park
- Koreatown, Los Angeles
- Lago Vista
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Metropolis
- Metropolis Residences
- Nelavida
- North Burbank Blvd./ South Oxnard St./ West Vinela
- Not Applicable-105
- Not in Development
- Ocean Park Villa
- OTHR
- Outpost Estates
- Palisades Country Estates
- Park Place
- Park Plaza 57
- Picfair Village
- Pickford Court
- Savoy
- SB Grand
- Silver Strand
- Subdivision Name / Tract: 5609
- The ERB
- The Hollywood Residences
- THE LONGFORD
- The Los Feliz Oaks
- The Oaks
- The Ritz Carlton Residences
- The Sanborn Collection
- TR 337
- TRACT # 8560 LOT 16 BLK 11
- TRACT NO 28826 CONDOMINIUM UNIT 6
- Tract No. 10636
- Tract No. 8131
- Tract. No. 1033
- Upper Riviera
- Westmont WMON
- Winton & McLeod Figueroa St. Tract
- Winton & McLeods Figueroa Tract
Market Summary
Current real estate data for Commercial in Los Angeles as of Oct 04, 2026
340
Commercial Listed
159
Avg DOM
942
Avg $ / SqFt
$2,626,290
Avg List Price
Property Summary
- 2301 Pasadena AV Los Angeles CA is a Commercial for sale in Los Angeles, CA, 90031. It is listed for $1,899,000 To schedule a showing of MLS#sr26162858 at 2301 Pasadena AV in Los Angeles, CA, contact your Compass agent at 310.409.7242.
Similar Listings Nearby
Courtesy of Altman Apartments LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Compass include the name of the listing broker. Neither the listing company nor Compass shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.2301 Pasadena AV
Los Angeles, CA