Price Reduced Listing
Description
Exceptional Pasadena Investment Opportunity Ideally situated in the heart of Pasadena, this distinctive mixed-use property presents a rare opportunity to acquire a well-positioned investment in one of the West San Gabriel Valley's most desirable and established submarkets. With low tenant turnover, multiple income-producing components, and a highly convenient location, this versatile property offers both immediate appeal and long-term investment potential. The property features a street-front commercial unit, currently operating as a hair salon. The residential component includes a three-bedroom, two-bath home, along with a duplex featuring two one-bedroom, one-bath units, creating a diverse mix of residential and commercial uses. A beautifully landscaped central courtyard enhances the property's character and provides an inviting setting for residents. The expansive lot extends from its frontage on Allen Avenue all the way to the rear alley, offering convenient access to the garage and three additional driveway parking spaces. A coin-operated laundry room provides an additional amenity for the residential units. With its combination of commercial and residential income opportunities, excellent accessibility, attractive grounds, and prime Pasadena location, this is a compelling opportunity to add a truly distinctive asset to an investment portfolio.
Details
| MLS # | SR26185267 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1956 |
| Days On Site | 82 |
| Listing Provided By | Berkshire Hathaway HomeServices Crest Real Estate | Nathalie Marles |
Features
| SQ Feet | 2,668 |
|---|---|
| Garage | 1 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 3 |
| Acreage | 0.22 |
Interior
| Heating | Central |
|---|---|
| Heating Yes / No | Yes |
| Fireplace Yes / No | No |
Exterior
| Roof | Composition |
|---|---|
| Lot Features | Back Yard, Landscaped |
| Fencing | Block |
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Street Lights, Suburban, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Pasadena |
| Zip Code | 91107 |
| Area | 646 Pasadena (NE) |
| Listing VS Median (in 91107) | |
Price: $1,650,000 low | high Med: $1,815,000 sqft: 2,668 low | high Med: 3,509 $ / sqft: $618 low | high Med: $537 On site: 82 low | high Med: 150.5 | |
Market Activity 91107
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Pasadena |
| Zip Code | 91107 |
| Area | 646 Pasadena (NE) |
| Listing VS Median (in 91107) | |
Price: $1,650,000 low | high Med: $1,815,000 sqft: 2,668 low | high Med: 3,509 $ / sqft: $618 low | high Med: $537 On site: 82 low | high Med: 150.5 | |
 | $1,390,0002178 Corson StreetPasadena, CA 91107 |