279 Parke ST Pasadena, CA 91101
Active
$1,500,000
4 Units
9 Beds
5 Baths
3,439 Area(sq.ft.)
11,392 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2 | No | n/a | n/a | $ 3,500 |
| Unit 2 | 1 | 3 | 1 | No | $ 600 | $ 600 | $ 3,000 |
| Unit 3 | 1 | 1 | 1 | No | $ 1,700 | $ 1,700 | $ 2,000 |
| Unit 4 | 1 | 2 | 1 | No | $ 1,500 | $ 1,500 | $ 2,100 |
| 4 | 4 | 9 | 5 | $ 3,800 | $ 3,800 | $ 10,600 |
| MLS #: | DW24216149MR |
| Days On Market: | 12 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 436 |
| Price per unit: | $ 375,000 |
| Year Built: | 1910 |
Property Details
Discover an outstanding investment opportunity in beautiful Pasadena with this rare 4-unit property! Perfect for both investors and owner-occupants, this versatile property allows you to live in one unit while generating income from the other three. Each unit is designed with its own laundry hookups, making it a highly attractive feature for potential tenants. The property also offers a total of 6 parking spaces located at the back, providing plenty of off-street parking options for all residents. This property is ideally located in close proximity to the Villa Parke Community Center and Park, offering recreational amenities just steps away. You ll also enjoy convenient access to an array of local restaurants, shops, and major freeways, making it a prime location for both renters and homeowners alike. The property consists of four distinct units: 285 Parke: The main house, featuring a spacious layout with 3 bedrooms and 2 full bathrooms, ideal for an owner-occupant or a high-end rental. 283 Parke: This adjacent unit offers 3 bedrooms and 1 bathroom, perfect for families or roommates seeking ample living space. 281 Parke: Located at the rear of the property, this cozy unit has 1 bedroom and 1 bathroom, ideal for a single tenant or a couple looking for privacy. Rear Unit: The second back unit offers a larger 3-bedroom, 2-bath layout, providing comfortable living for a larger family or group of tenants. This property is being sold in "as-is" condition, reflecting its competitive pricing, making it an exceptional investment for the discerning buyer. Whether you re looking to rent out all units or occupy one and rent the others, this property presents limitless potential for long-term income growth in a highly desirable Pasadena neighborhood. Don t miss out on this chance to own a multi-unit property in a prime Pasadena location schedule a viewing today!Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 0 |
Structure
| Community Features: | Sidewalks, Street Lights |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | PSR1 |
| Land Lease Type: | Fee |
| Parking Garage: | Driveway |
Interior
| Laundry: | Gas Dryer Hookup, Washer Hookup |
Exterior
| Pool: | No |
Detailed Map
Schools
Find a great school for your child
Income
