Exceptional opportunity to own a versatile income property in one of Pasadena's most desirable neighborhoods. This beautifully maintained 1924 Craftsman sits on a spacious 7,984 sq. ft. lot and offers multiple rental streams or multi-generational living options, blending timeless character with modern adaptability. The main residence currently features 3 bedrooms and 2 bathrooms, showcasing classic Craftsman details, warm interiors, and thoughtful updates. There's excellent potential to reconfigure the main house into a 2-bedroom, 1-bathroom unit and convert a portion of the existing structure into a 499 sq. ft. Junior ADU (JADU) with its own kitchen and laundry area. All plumbing is alread
Rare 4-Unit Residential Income property in North Pasadena. Ideal mix of 2 x (2B+2B), 1 x (2B+1B), 1x (1B+1B). Building Size is 3,793 SF situated on large 11,936 SF lot . Carport parking on site. All units are currently occupied and all tenants are current on rents.
Pride-of-Ownership 10-unit (4 Houses & 2 Triplexes) on a large 21k SF R3 Zoned Lot, Excellent Unit Mix, Gated, Garage Parking, Drawings for 2 ADUs are included. MONTANO VILLAS, a 10-unit garden style apartment investment opportunity located in the City of Pasadena, CA. This exceptional property comprises 4 bungalows/houses and 2 triplexes and is situated on a large ±20,911sf R3 lot. This value-add investment opportunity provides savvy investors with high-quality assets in a strong Pasadena submarket with significant rental upside potential and future expansion opportunities. The ownership had completed many significant capital improvements: Some of the major improvements are re
* * * SELLER WANTS TO SEE ALL OFFERS * * * ONE OF THE BEST CAP RATES IN PASADENA RIGHT NOW * * * OVER 6% CASH ON CASH RETURN with solid rent growth as units turn over and become vacant. Over all this is a fantastic bread-n-butter apartment investment on almost ONE ACRE of land. Super strong rental location of Pasadena with low maintenance type buildings. Two single-story buildings offering a unit mix of One 3Bed+2bath, Three 2Bed+1bath and 16 spacious 1Bed+1bath units and NO SOFT-STORY. Each unit is equipped with wall-mounted air conditioning and heating, a mix of tile and carpet flooring, and expansive kitchens with gas oven/stove combinations. The property is well-maintained, showc