Fantastic 4-Unit Investment Opportunity in Pasadena! This income-producing fourplex features 4 spacious 1-bedroom, 1-bath units and offers immediate rental income with long-term investment potential. Major improvements have already been completed, including a brand-new roof on both the main building and detached garage, new garage doors, fully replaced plumbing, fresh interior and exterior paint, updated flooring, newer windows, and renovated kitchens and bathrooms in select units. All 4 units feature separate electric and gas meters, while the owner currently pays water. The property also offers 3 single-car garages and 1 additional parking space. Conveniently located with easy access to the 210 Freeway, shopping, dining, parks, and public transportation, this property is well positioned for investors and owner-users alike. Current rents total $6,398 per month, providing immediate cash flow. Future rental potential may exist, subject to local rent control regulations, existing tenancy, and applicable law. Buyer to independently verify all information, including rents, expenses, square footage, permits, and property condition.
| MLS # | AR26147655 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1947 |
| Days On Site | 58 |
| Listing Provided By | Coldwell Banker Realty | Alma Aguilar |
| SQ Feet | 2,080 |
|---|---|
| Garage | 3 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.16 |
| Cooling | Wall Window Units |
|---|---|
| Heating | Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | All Bedrooms Down |
| Fireplace Yes / No | No |
| Lot Features | Back Yard |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Biking, Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Pasadena |
| Zip Code | 91103 |
| Area | 645 Pasadena (NW) |
| Listing VS Median (in 91103) | |
Price: $1,080,000 low | high Med: $1,089,500 sqft: 2,080 low | high Med: 2,004 $ / sqft: $519 low | high Med: $545 On site: 58 low | high Med: 51 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Pasadena |
| Zip Code | 91103 |
| Area | 645 Pasadena (NW) |
| Listing VS Median (in 91103) | |
Price: $1,080,000 low | high Med: $1,089,500 sqft: 2,080 low | high Med: 2,004 $ / sqft: $519 low | high Med: $545 On site: 58 low | high Med: 51 | |
![]() | $988,000382 IdahoPasadena, CA 91103 |