2553 Nina St
Pasadena, CA 91107
Multifamily Property For Sale · 5 Units

The Boyett Team at CBRE is pleased to present an exceptional opportunity to acquire 2553 Nina Street, a well-maintained 5-unit apartment community ideally located in the heart of Pasadena, one of the most established and consistently sought-after residential markets in the San Gabriel Valley. Built in 1950/1953 and coming to market for the first time in over 30 years, this offering represents a true generational ownership event — a rare, pride-of-ownership asset in a city defined by enduring demand and deep-rooted residential character.
Situated on an expansive 13,725 square foot lot, the property totals 3,032 square feet of gross building area, averaging 606 square feet per unit across five separate buildings — three of which contain residential units. The asset features a unit mix of four (4) one bedroom, one bath units and one (1) two bedroom, one bath house, a configuration that offers residents the privacy and feel of standalone living rarely found in traditional apartment product.
In-place rents generate a scheduled monthly income of $11,013 and scheduled yearly income of $132,156, with garage income contributing an additional $5,640 annually — supporting durable, diversified cash flow at the property.
Pasadena's enduring appeal further strengthens the investment profile of 2553 Nina Street. The property is embedded within one of the most amenity-rich cities in Los Angeles County, with residents enjoying convenient access to the shops, dining, and cultural destinations of Old Pasadena, South Lake Avenue, and the Playhouse District, as well as the recreational amenities of Eaton Canyon, the Arroyo Seco, and the Rose Bowl. Proximity to the 210 and 134 freeways and the Metro A Line ensures easy connectivity to major employment hubs including Caltech, the Jet Propulsion Laboratory, and Huntington Health — sustaining demand from a deep and highly qualified renter pool.
With its prime Pasadena address, rare five-building configuration, strong in-place income, on-site garages, and first-time availability in over 30 years — 2553 Nina Street represents a rare opportunity to acquire a generational, pride-of-ownership asset in one of the most enduring and supply-constrained submarkets in Los Angeles.