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Siv Cotton

merethe.cotton@evrealestate.com +1(818) 437-2300

$ 1,358,888

Est. payment -/mo

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Active

279 Parke ST Pasadena, CA 91101

0.26 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25107839

HOA Y/N No

Year Built 1910

Lot Size 0.261 Acres

Property Sub-Type Quadruplex

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. (To be delivered vacant) 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 ( rent being collected is $1,700). Rear Unit: The second back unit offers a larger 1 bedroom, 2-bath layout (to be delivered vacant).
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!

Location

State CA

County Los Angeles

Area 646 - Pasadena (Ne)

Zoning PSR1

Interior

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Driveway

Pool None

Community Features Street Lights, Sidewalks

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Multi/Split

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5725019023

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Julio Midolo • ReMax Sky • 8189741797

Siv Cotton

Manager | License ID: 02007250

+1(818) 437-2300

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