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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. (To be delivered vacant) 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 ( rent being collected is $1,700). Rear Unit: The second back unit offers a larger 1 bedroom, 2-bath layout (to be delivered vacant).
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!

Overview

Property Status
Sold
Date Sold
June 10, 2025
Lot Size
0.26 Acres
MLS ID
DW25107839
Property Type
Multi-Family
Year Built
1910

Features & Amenities

Total Area
3,439 Sq.Ft.
Neighborhood
Pasadena
Stories
2
Water Source
Public
Pool
None
Lot Features
2-5 Units/Acre
Parking
Driveway
Laundry Room
Washer Hookup, Gas Dryer Hookup
Sewer
Public Sewer
Sales Price
$1,410,000
Zoning
PSR1

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279 Parke Street

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