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Listed by Shanshan Lin, DRE #01900299 • COMPASS
$ 1,280,000
Est. payment /mo
New
261 N Oak Ave AVE Pasadena, CA
8,700 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRP1-28594
Year Built 1913
Lot Size 8,700 Sqft
Source California Regional MLS
Property Description
Rare residential income opportunity on an extra deep 8,737 sq ft lot. Two fully detached homes, no shared walls. The major work is done: new foundation, new sewer line, new windows and new doors throughout.Front home (261) is 2 bedrooms and 1 bath. Rear home (263) 2 bedrooms, 2 baths, indoor laundry and modern finishes. Ideal for an owner investor or investor. Live in one and rent the other, rent both, or hold as a long term investment.RM-16 zoning allows one additional unit. Build a third single family home for more rental income and value. Buyer to verify plans and permits with the City of Pasadena.The lot features drought tolerant landscaping, mature citrus trees and a long private driveway with ample off street parking. Minutes to shopping, dining, parks, PCC, Caltech and transit.
Location
State CA
County Los Angeles
Area 648 - Pasadena (Se)
Rooms
Kitchen Dishwasher, Microwave, Refrigerator
Interior
Laundry In Kitchen, In Laundry Room, 30, Other, Washer, Stacked Only, Dryer
Exterior
Garage Spaces 5.0
Pool 31, None
View None
Building
Story One Story
Water District - Public
Others
Tax ID 5746011035
Special Listing Condition Not Applicable
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