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Seema Malhotra

seema.malhotra@engelvoelkers.com +1(818) 744-0445

$ 1,280,000

Est. payment -/mo

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261 N Oak Ave AVE Pasadena, CA

8,698 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-28594

HOA Y/N No

Year Built 1913

Lot Size 8,698 Sqft

Property Sub-Type Duplex

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.

Location

State CA

County Los Angeles

Area 648 - Pasadena (Se)

Interior

Interior Features Brick Walls, Entrance Foyer

Fireplaces Type Living Room, Primary Bedroom

Fireplace Yes

Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer

Laundry Washer Hookup, Inside, In Kitchen, Laundry Room, Stacked

Exterior

Exterior Feature Fire Pit

Fence Wood

Pool None

Community Features Park, Suburban, Sidewalks

View Y/N No

View None

Total Parking Spaces 5

Private Pool No

Building

Lot Description Sprinklers None

Story One

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Others

Senior Community No

Tax ID 5746011035

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Shanshan Lin COMPASS #01900299

NEARBY SCHOOLS & PROPERTIES

Seema Malhotra

Advisor License ID: 01757204

+1(818) 744-0445

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