Prime Pasadena 4-Plex with Expansion Potential! Fantastic investment opportunity in Pasadena! This spacious single-level 4-plex sits on one of the largest lots in the area, offering both immediate rental income and future development potential. The property consists of four units: one 2-bed/1-bath, one studio/1-bath, and two 1-bed/1-bath… Read More units. Currently, three units are rented, while the vacant 1-bed/1-bath has been fully remodeled and is move-in ready—perfect for an owner-occupant or new tenant. Additional highlights include onsite parking, ample tenant space, and a large rear flat lot with the possibility for future expansion or additional units (buyer to verify). Don’t miss this rare chance to own a versatile income property in a highly desirable Pasadena location! Read Less
Property listed by Park Regency Realty, Carey Eckert 818-298-9790
Listing Snapshot
Days Online
7
Last Updated
Property Type
Quadruplex
Lot Size
0.32 Acres
Year Built
1949
MLS Number
SR25048636
30 Days Snapshot Of 91104
$1,506k
+21%
(avg) sold price
14
+27%
homes sold
64
-18%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1949, Building area total: 2,018, Levels: One, 1 story, 2 buildings, Architectural style: , Attached, Common walls: OneCommonWall
Community
Curbs, StreetLights, Sidewalks
Expenses
Electric expense: $600, Insurance expense: $18,000, Operating expense: $18,600
Income
Gross income: $28,580, Net operating income: $9,980
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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