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High-Potential Investment Opportunity Next to Caltech and PCC in PasadenaThis property, located close to the renowned California Institute of Technology (Caltech) and next to Pasadena City College (PCC), offers a high-potential investment opportunity. The house can be developed into multiple rental units, including ADU and JADU. It is very suitable for both short-term and long-term rentals, The cash flow from a short -term lease can be much more high.Within walking distance to Pasadena City College and just a few minutes' drive to Caltech and the Huntington Library.The main house is two stories. Downstairs features a large bonus bedroom and a full bathroom. The second floor has four bedrooms and a full bathroom. The first floor also includes a formal living room and dining room.The backyard has a detached garage, which can be converted into an ADU rental unit. There is also plenty of space for expansion by the pool.Located in a famous college area, this property meets both high-potential investment and self-occupancy needs. Must see!
Last Updated | 8/8/2024 | Year Built | 1924 |
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Community | Pasadena (SE) | Garage Spaces | 2.0 |
County | Los Angeles |
SCHOOLS
School District | Pasadena Unified |
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Elementary School | Hamilton |
Jr. High School | Wilson |
High School | Pasadena |
Additional Details
AIR | Attic Fan, Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave |
AREA | Pasadena (SE) |
FIREPLACE | Yes |
GARAGE | Garage, Yes |
HEAT | Central |
HOA DUES | 0 |
INTERIOR | Tile Counters |
LOT | 0.29 acre(s) |
LOT DESCRIPTION | Back Yard |
PARKING | Garage |
POOL | Yes |
POOL DESCRIPTION | Private |
SEWER | Public Sewer |
STORIES | 2 |
VIEW | Yes |
VIEW DESCRIPTION | City Lights,Neighborhood,Pool |
WATER | Public |
ZONING | PSR6 |
Location
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