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$1,500,000
279 Parke Street, Pasadena, CA 91101
3,439
sq ft
.26
ac
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$1,500,000
279 Parke Street, Pasadena, CA 91101
Estimation provided by Keller Williams Realty Inc.
3,439
sq ft
.26
ac
Active
For Sale
Property Description
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!
Assessed Value is a combination of the land and additions.
2023
$8,477
(+3.43%)
$665,506
Land 464,630 +
Additions 200,876
2022
$8,196
(+4.26%)
$639,666
Land 446,589 +
Additions 193,077
2021
$7,861
(+3.67%)
$639,666
Land 446,589 +
Additions 193,077
2019
$7,583
(+10,013.47%)
$633,108
Land 442,010 +
Additions 191,098
2017
$74.98
$608,526
Land 416,518 +
Additions 180,077
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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