Pending
$1,249,000
4 Units
4 Beds
4 Baths
2,018 Area(sq.ft.)
Lot: 14,131 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 773 | $ 773 | $ 2,800 |
| Unit 2 | 1 | studio | 1 | No | $ 550 | $ 550 | $ 2,200 |
| Unit 3 | 1 | 1 | 1 | No | $ 1,058 | $ 1,058 | $ 2,500 |
| Unit 4 | 1 | 1 | 1 | No | n/a | n/a | $ 2,500 |
| 4 | 4 | 4 | $ 2,381 | $ 2,382 | $ 10,000 |
| MLS #: | SR25048636MR |
| Days On Market: | 276 |
| Listing Date: | March 5, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 619 |
| Price per unit: | $ 312,250 |
| Year Built: | 1949 |
Property Details
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 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!Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 18,600 |
| Net Operating Income: | $ 9,980 |
Structure
| Community Features: | Curbs, Sidewalks, Street Lights |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | PSR6 |
| Land Lease Type: | Fee |
Interior
| Laundry: | None |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
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