See all 8 photos
8 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Kristopher German • RE/MAX 2000 REALTY
$2,325,000
Est. payment /mo
4,666 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,666 sqft
Price per Sqft $498
MLS Listing ID CRCV25030247
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1924
Lot Size 10,750 Sqft
Property Sub-Type Other
Property Description
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, individual washer and dryer hookups in ALL units and private balconies/patios. Tenants pay for electricity & gas while the owner pays for water and trash. The subject property offers a stable investment with a 5.12% cap rate and 14.23 GRM. 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.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Inside
Exterior
View None
Building
Water Public
Read Less Info
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.