Pasadena, CA 91107,175 Madre Street
$999,000
Est. payment /mo
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2 BD
2 BA
5,040 Sqft Lot
Active

175 Madre Street Pasadena, CA 91107

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UPDATED:

12/23/2024 07:38 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS24240225

Bedrooms 2

HOA Y/N No

Lot Size 5,040 Sqft

Property Description

Dont miss this rare chance to own a duplex with outstanding rental income potential in one of Pasadenas most desirable areas! Centrally located near Colorado Blvd, Pasadena City College, and the Huntington Library, this property is surrounded by prestigious schools and vibrant amenities. Both units are 1-bedroom, 1-bathroom, each with its own driveway (fits 2 cars) and a fenced front yard for added privacy. From 2019, the combined rental income has been an impressive $3,900/month, with one long-term tenant in place for over 5 years! No HOA fees, and minimal maintenance costs make this a highly profitable and stress-free investment. With immense potential for future value appreciation or possible additions, this is a unique opportunity to invest in Pasadena living. Whether youre looking to live in one unit and rent the other, create a multi-generational setup with privacy, or simply enjoy dual rental income from both, this duplex is the perfect choice. Seize the chance to own a versatile, income-generating property in the heart of Pasadena. Opportunities like this dont lastschedule a showing today!
Dont miss this rare chance to own a duplex with outstanding rental income potential in one of Pasadenas most desirable areas! Centrally located near Colorado Blvd, Pasadena City College, and the Huntington Library, this property is surrounded by prestigious schools and vibrant amenities. Both units are 1-bedroom, 1-bathroom, each with its own driveway (fits 2 cars) and a fenced front yard for added privacy. From 2019, the combined rental income has been an impressive $3,900/month, with one long-term tenant in place for over 5 years! No HOA fees, and minimal maintenance costs make this a highly profitable and stress-free investment. With immense potential for future value appreciation or possible additions, this is a unique opportunity to invest in Pasadena living. Whether youre looking to live in one unit and rent the other, create a multi-generational setup with privacy, or simply enjoy dual rental income from both, this duplex is the perfect choice. Seize the chance to own a versatile, income-generating property in the heart of Pasadena. Opportunities like this dont lastschedule a showing today!

Location

State CA

County Los Angeles

Area Pasadena (91107)

Zoning Assessor

Interior

Cooling Wall/Window

Building

Lot Description Sidewalks

Story 1

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Monthly Total Fees $54

Acceptable Financing Cash, Exchange

Space Rent $2,050

Listing Terms Cash, Exchange


San Diego Regional MLS (SDMLS)
Listed by LINLIN CHE • MASTERS REALTY

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agent

Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

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175 Madre Street