261 N Oak Ave Avenue, Pasadena, CA Not Provided
- $1,280,000
- List Price
- $1,280,000
- Status
- ACTIVE
- MLS#
- P1-28594
- Year Built
- 1913
- Lot Size
- 8,700
- Acres
- 0.20
- Lot Location
- Sprinklers None
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- One Level
- Neighborhood
- Not Applicable
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.
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Additional Information
- Appliances
- Dishwasher, Microwave, Refrigerator, Dryer, Washer
- Pool Description
- None
- Fireplace Description
- Living Room, Primary Bedroom
- Cooling
- Yes
- View
- None
- Exterior Construction
- Stucco
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Brick Walls, Entrance Foyer
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Shanshan Lin (shanshan.lin@compass.com) from Listing Office: COMPASS.
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