279 Parke Street, Pasadena, CA 91101

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4 Beds

n/a Full bath

3,439 SqFt

Active

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. 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 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!

Property Details
Price $1,500,000
Bedrooms 4
Lot Size Area 11392
Lot Size Area Units Square Feet
Acres 0.2615
Property Type MultiFamily
Sub type Quadruplex
MLS Sub type Quadruplex
Stories 2
Year Built 1910
Lot Description 2-5 Units/Acre
Laundry Features Gas Dryer Hookup,Washer Hookup
Pool features None
Parking Description Driveway
Parking Spaces 0
Garage spaces 0
Geographic Data
Directions from I-5 North to CA-110-N/Arroyo Secco Pkwy to E. Glenharm St. Follow S Marengo Ave to Parke.
County Los Angeles
Latitude 34.157055
Longitude -118.14462
Market Area 646 - Pasadena (NE)
Address Information
Address 279 Parke Street, Pasadena, CA 91101
Postal Code 91101
City Pasadena
State CA
Country United States
Listing Information
Listing Office ReMax Sky
Listing Agent Julio Midolo
Listing Agent Phone 8189741797
Attribution Contact 8189741797
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Ownership None
MLS Information
Days on market 0
MLS Status Active
Listing Date Oct 21, 2024
Listing Last Modified Oct 22, 2024
Tax ID 5725019023
MLS Area 646 - Pasadena (NE)
MLS # DW24216149

This information is believed to be accurate, but without any warranty.

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