City Capital Realty is a Los Angeles hard money lender serving Pasadena. Loans from $500,000 to $5 million, up to 70% of the property's value, 9% interest-only, with funding in as little as 7 business days. Our office at 1575 Westwood Blvd is about 22 miles from Pasadena, and you work directly with Shawn Rabban (DRE 00667328, NMLS 298861 / 729817).
Hard money loans in Pasadena: the market today
Source: Redfin, three months ending September 2026.
Pasadena prices dipped slightly over the past year, but good homes still draw several offers. The city's older housing stock, from Craftsman bungalows to 1920s apartment courts, means many purchases need work before a bank will lend on them.
Two local issues shape Pasadena deals. First, Pasadena's rent control law (Measure H, approved by voters in 2022) covers many older apartment buildings, so confirm whether a property is covered before you count on raising rents. Second, the January 2025 Eaton fire burned through neighboring Altadena, and rebuilding there has created steady demand for land and construction financing. See our 2026 guide for the latest on burned-lot sales.
Pasadena deals we finance
- Historic and older homes. Buy and restore properties that need updates before a bank will lend.
- Small apartment buildings. Purchases and cash-out refinances for renovation.
- Rebuilds in the Altadena burn area. Short-term financing for lots and construction.
- Commercial property. Retail, mixed-use and hotel properties near Old Pasadena and the Convention Center.
Example: cash-out to renovate a Pasadena fourplex
You own a fourplex worth $2 million, still owe $600,000, and want cash to renovate the units.
- Property value
- $2,000,000
- 70% of value
- $1,400,000
- Less current loan
- −$600,000
- Cash available from the loan
- $800,000
- Monthly interest (9%, interest-only)
- $6,000
- Origination fee (2%)
- $16,000
- Total cost if repaid after 12 months
- $88,000
Estimate only, using our published terms. Actual terms depend on the property and our review. Rates and fees are subject to change without notice. Some restrictions may apply. Subject to credit approval.
Pasadena questions
Does Pasadena have rent control?
Yes. Pasadena voters approved rent control (Measure H) in 2022, and it covers many older apartment buildings. Check whether a property is covered before you buy or refinance based on future rents.
Can you finance a rebuild after the Eaton fire?
Short-term loans are commonly used to buy land, carry it through permits and bridge construction in Altadena and nearby areas. Terms depend on the lot and your plan; call us to discuss a specific property.
Do you lend on historic homes?
Yes. We lend based on the property's value and your equity, so older homes that need work are often a good fit.
Related: hard money loan calculator, bridge loans, construction loans, how our loan process works and our 2026 Los Angeles hard money guide.
Other areas we serve: Beverly Hills hard money loans, Santa Monica hard money loans, Sherman Oaks hard money loans, Burbank hard money loans, Glendale hard money loans, Torrance hard money loans, Orange County hard money loans, California hard money loans.
Investing in Pasadena with a hard money loan
Introduction to Pasadena
Pasadena, known for its rich history, cultural landmarks, and vibrant community, is one of California’s most sought-after areas for real estate investment.
With the renowned Pasadena Convention Center, beautiful historic districts, and a thriving local economy, Pasadena offers numerous opportunities for investors looking to diversify their portfolios with high-quality properties.
Key Features of Pasadena’s Real Estate Market
Historic Districts:
Pasadena is home to some of the most well-preserved historic districts in California, featuring beautiful Craftsman-style homes, Victorian mansions, and early 20th-century architecture. Investing in these properties not only provides a piece of history but also a chance for significant appreciation as the demand for historic homes remains strong.
Convention Center and Commercial Real Estate:
The Pasadena Convention Center is a major hub for events, conferences, and exhibitions, attracting thousands of visitors annually. The surrounding area offers prime commercial real estate opportunities, including hotels, restaurants, and retail spaces that cater to convention attendees and tourists.
Luxury Residential Properties:
Pasadena features numerous luxury residential properties, from sprawling estates in the San Rafael Hills to upscale condominiums near Old Pasadena. These properties attract affluent buyers and renters, ensuring high returns on investment.
Cultural and Recreational Amenities:
Pasadena boasts a rich cultural scene with institutions like the Norton Simon Museum, Pasadena Playhouse, and the annual Rose Bowl Parade. The city’s numerous parks, gardens, and recreational facilities enhance its appeal, making it a desirable place to live and invest in.
Investment Opportunities in Pasadena
Historic Homes and Districts:
Investing in Pasadena’s historic homes offers the dual benefit of owning a piece of history and realizing substantial appreciation over time. The city’s commitment to preservation ensures that these properties maintain their charm and value.
Commercial Real Estate near the Convention Center:
The area surrounding the Pasadena Convention Center is ripe for commercial real estate investment. Opportunities include developing or purchasing hotels, retail spaces, and restaurants that serve the influx of visitors and business travelers.
Luxury Condominiums and Residential Estates:
Pasadena’s luxury condominiums and residential estates are highly sought after by affluent individuals and families. These properties offer high rental yields and potential for significant value appreciation, especially in areas like South Arroyo and Linda Vista.
Office Buildings and Mixed-Use Developments:
With a diverse local economy and a growing business community, investing in office buildings and mixed-use developments in Pasadena can provide steady rental income and long-term growth. The demand for quality office spaces continues to rise, driven by sectors like finance, technology, and healthcare.
How City Capital Realty helps Pasadena investors
At City Capital Realty, we specialize in helping investors navigate Pasadena’s dynamic real estate market. Our services include:
Market Analysis: We conduct in-depth market research to identify the best investment opportunities in Pasadena, analyzing current trends, property values, and future growth potential.
Property Acquisition: Our team assists clients in acquiring prime properties, including historic homes, commercial spaces, luxury residences, and office buildings. Our extensive network and local expertise ensure we find properties that meet your investment criteria.
Due Diligence: We perform comprehensive due diligence on all potential investments, including property inspections, financial analysis, and risk assessments, ensuring our clients are fully informed before making a purchase.
Financing Solutions: City Capital Realty offers tailored financing solutions to meet our clients’ needs. Whether you’re seeking traditional loans, hard money loans, or private funding, our experts will help you secure the best financing options.
For more information and to start your investment journey, contact City Capital Realty (Shawn Rabban) @Â (310) 714-5616Â today.