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REDUCED by $104,000! 6 Units for sale in Prime Pasadena. One of the 2+1's units is vacant. Two Buildings consisting of 3 units per building. Both buildings sit on a large 12,008 SF lot. Excellent value-add multifamily opportunity that features (6) total units: Three 2bed +1 bath, three 1bed +1 bath units and there is room to build 3+ ADUs (buyer to verify). Rents are currently on the lower side so there's about 30% upside to be had and one of the 2+1's will be delivered vacant at COE. Located in a strong rental area near transit, amenities, & the 210 freeway. A great option for investors seeking income, development potential, or a 1031 exchange opportunity. Projected GRM after Value-Add is a very low 9.
| DAYS ON MARKET | 113 | LAST UPDATED | 9/18/2025 |
|---|---|---|---|
| YEAR BUILT | 1958 | COMMUNITY | 645 - Pasadena (NW) |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Sep 18, '25 | $1,699,000 |
|---|---|
| Sep 18, '25 - Today | $1,595,000 |
| ADDITIONAL DETAILS | |
| APPLIANCES | Refrigerator |
|---|---|
| AREA | 645 - Pasadena (NW) |
| LOT | 0.2757 acre(s) |
| PARKING | Carport |
| STORIES | 1 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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