Pasadena, CA
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Pasadena short-term rental market based on reliable data.
Listings
351 / 1134
Reliable / Active
Cap Rate
4%
Middle-Earners Gross Yield
Revenue
$42,244
Middle-Earners Revenue
Occupancy
75%
Middle-Earners Occupancy
Home Value
$1,165,144
Median Home Sale Price
Top Earners
$74,274
Top-Earners Revenue
Pasadena
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Pasadena.
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Challenging to Investors
Pasadena Regulations
Pasadena explicitly allows STRs, but only in the owner’s primary residence and bans non-hosted second-home/vacation rentals, which severely limits investor strategies. Permitting is moderate (clear online process, modest $117 fee) but compliance is demanding: 90‑day cap on un‑hosted stays, strict occupancy/parking/no‑event rules, quarterly reporting, and aggressive penalties (3 strikes = suspension/revocation).
Local STR Agent
STR specialist · Pasadena, CA
About Pasadena
Pasadena, California, is a vibrant city located approximately 11 miles northeast of downtown Los Angeles. It boasts a population of about 141,000 residents. Known for its rich cultural heritage and historical landmarks, Pasadena offers a unique appeal for short-term rentals.
Pasadena's proximity to Los Angeles makes it an attractive destination for travelers seeking a blend of urban and suburban experiences. The city is famed for its architectural marvels and cultural events. One of its most notable landmarks is the Rose Bowl Stadium, an iconic venue for sports and entertainment.
Another key attraction is The Huntington Library, Art Museum, and Botanical Gardens, which offers an exquisite collection of rare books, art, and captivating gardens. Additionally, Old Pasadena is a bustling historic district renowned for its shopping, dining, and nightlife options, making it an ideal locale for short-term visitors.
The city's appeal is further enhanced by its accessibility to scenic outdoor spots like the Eaton Canyon Natural Area, providing opportunities for hiking and nature exploration. Overall, Pasadena's combination of cultural attractions and natural beauty makes it a desirable destination for short-term rentals.