Pasadena, CA 91101 279 Parke Street

279 Parke Street Pasadena, CA - Image 1279 Parke Street Pasadena, CA - Image 2279 Parke Street Pasadena, CA - Image 3
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279 Parke Street Pasadena, CA - Image 4
Presented By: Julio Midolo with ReMax Sky; 8189741797
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# DW24216149
  • 10/21/2024
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 9
  • Baths • 5
  • SQFT • 3,439

Home Details

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!
Presented By: Julio Midolo with ReMax Sky; 8189741797

Interior Features for 279 Parke Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesWasherHookup, GasDryerHookup
Total Stories2

Other Rooms

Entry Level1

General for 279 Parke Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityPasadena
Community FeaturesStreetLights, Sidewalks
CountyLos Angeles
Directionsfrom I-5 North to CA-110-N/Arroyo Secco Pkwy to E. Glenharm St. Follow S Marengo Ave to Parke.
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
Home Warranty Y/NNo
Insurance Expense333.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet11392.0
Lot Size UnitsSquareFeet
MLS Area646 - Pasadena (NE)
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total4
Operating Expense0.0
Pool FeaturesNone
PossessionSeeRemarks
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot26
Tenant PaysElectricity, Gas
Trash Expense96.0
Water Sewer Expense200.0
Waterfront Y/NNo
Year Built1910
Year Built SourceAssessor
ZoningPSR1

Exterior for 279 Parke Street

Building Area Total3439.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.2615
Lot Size Area11392.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,449,500
MLS#DW24216149
List Date 10/21/2024
Property Type Multi-Family
Phone 714.742.6515
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