$2,589,000
Rare opportunity to own four attractive Craftsman-style units in a prime Pasadena location near Pasadena City College, California Institute of Technology, and the vibrant Lake Avenue shopping and dining district. Built in 2004, the property features two separate buildings with a well-designed mix of spacious townhouse-style units and strong rental appeal. The front building consists of two thoughtfully designed townhouse-style units, each offering 3 bedrooms and 2.5 bathrooms. The open-concept ground floors include generous living rooms with dining area, functional kitchens, powder rooms, and convenient indoor laundry closets. Back doors lead to private rear patios overlooking a beautifully maintained common area with mature landscaping and a tranquil fountain setting. The rear building includes an additional 3-bedroom, 2.5-bath townhouse-style unit plus a desirable upstairs 1-bedroom unit. Each tenant enjoys the convenience of a private detached two-car garage located at the rear of the property. This unique opportunity offers an appealing mix of stability and upside potential, with two long-term tenants currently on leases and two units on month-to-month agreements. Excellent location with close proximity to shopping, dining, schools, and major commuter routes makes this a compelling investment opportunity in one of Pasadena’s most sought-after rental markets.
Click to interact with map
Listed by Donna Baker with JohnHart Corp. (818) 246-1099
Property Type
Quadruplex
Status
Active
MLS Number
AR26102429
Year Built
2004
Lot Size
10,136 sq ft