Description
Exceptional opportunity to own a duplex in the heart of pasadena, ideal for investors, developers, or owner-users seeking value-add potential. hitting a target cap rate of 9-12% is doable depending on your strategy with the upside in rents and additional unit(s). located north of the 210 freeway, this gem sits on a generous lot, offering tremendous upside and flexibility for future expansion. both units are to be delivered vacant, making this a perfect blank slate to renovate, rent, or reimagine. with ample lot space, there may be potential to add an adu, a third unit, or explore other development opportunities (buyers to independently verify with the city of pasadena regarding zoning, density, and building regulations). located on a picturesque tree-lined street near pasadena city college, caltech, and vibrant shops and dining on lake avenue, this property is a rare find in a great location with plenty of upside. don't miss this chance to transform a fixer into a profitable long-term investment or develop sell at a premium disposition price.
Property Type
Residential IncomeCounty
Los AngelesStyle
TraditionalAD ID
50165250
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 4
Bathroom Information
- Total Baths: 2
- Full Baths: 0
- Half Baths: 0
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Building Area Total: 2,052
Laundry Features
- Common Area,Outside
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1855
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 8080
-
Listing Information
Listing Price Information
- Original List Price: 945,000
- Listing Contract Date: 2025-06-12
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 5732018042
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Detached Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 646 - Pasadena (NE)
- Postal Code Plus 4: 1021
- Directions: North of 210. Exit Lake and head North to Mentor and then head East to Mentor Ave.
- Zoning: PSR4
- Source Property Type: Residential Income
- Area: 646 - Pasadena (NE)
Building and Construction
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 2052
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 06/20/2025 @ 16:42
- MLS: 25551647
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 2,052 sqft, 8,080 sized lot, and 0 parking. are nearby neighborhoods.