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279 Parke Street

Pasadena, CA 91101
  • $1,500,000
  • STATUS: Active
  • ON SITE: 49 Days
  • ID#: DW24216149
UPDATED: 32 min ago
$1,500,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

Listing Agent(s): Julio Midolo of ReMax Sky (800-406-4106)


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. Youll 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 youre 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.Dont miss out on this chance to own a multi-unit property in a prime Pasadena location"schedule a viewing today!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-10T19:35:20.82. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/157006768
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279 Parke Street Pasadena, CA 91101

  • Price: $1,500,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 32 min ago
  • ID#: DW24216149
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1910
Built
Neighborhood:
646 - Pasadena (NE)
County:
Los Angeles
Area:
646 - Pasadena (NE)
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. Youll 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 youre 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.Dont miss out on this chance to own a multi-unit property in a prime Pasadena location"schedule a viewing today!
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 5 Parking Features Driveway Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest None Community Features Street LightsSidewalks Electric Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 0 Insurance Expense 333 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 0 Possession See Remarks Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 96 Water Sewer Expense 200 Water Source Public Zoning PSR1



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-10T19:35:20.82. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373519223-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373519223-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373519223-2.jpg
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Julio Midolo of ReMax Sky (800-406-4106)