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We are proud to present this pride-of-ownership asset located in the heart of Pasadena. The subject property consists of a 2-Bedroom/1-Bathroom Single Family Residence on its own parcel and (4) Large 1-Bedroom/ 1-Bathroom units on their own parcel. Spanning over 4,666 of rentable square feet on a grand total of 10,750 square feet of land, an investor will have the flexibility of obtaining residential financing, perfect for an owner-user. Tenants enjoy on-site garage parking and individual washer and dryer hookups in ALL units. Tenants pay for electricity & gas while the owner pays for water and trash. The subject property offers a stable investment with a 4.51% cap rate and 15.58 GRM. One unit to be delivered vacant. Located just minutes from Downtown Pasadena and a block from the I-210 Fwy, this asset is positioned in a high-demand rental market with low turnover.
Property Type(s):
Residential Income
| Last Updated | 2/12/2025 | Year Built | 1924 |
|---|---|---|---|
| Community | Pasadena (NW) | Garage Spaces | 5.0 |
| County | Los Angeles |
Additional Details
| AREA | Pasadena (NW) |
|---|---|
| GARAGE | Assigned, Yes |
| LOT | 10750 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Electricity Available,Water Available |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | PSR1 |
Location
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Listed with RE/MAX 2000 REALTY
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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