279 Parke Street

Pasadena, CA 91101

$1,500,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1910

calendar_month Built

Open Houses

Next available: Saturday, November 2nd, 2024 11:00 am - 4:00 pm

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Property Description

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!

Listing Information

List Price $1,500,000
Status Active
MLS DW24216149
Type Residential Income
Subtype Quadruplex
Year Built 1910
Lot Size 11,392
Structure Size N/A
DOM 9
Courtesy Of ReMax Sky
Listing Agent Julio Midolo DRE#01470385

Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Julio Midolo, ReMax Sky 8189741797. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 30th, 2024 at 10:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.