274 N Oak Avenue, Pasadena, CA Not Provided

$999,000
List Price
$999,000
Status
ACTIVE UNDER CONTRACT
MLS#
P1-17450
Year Built
1925
Lot Size
9,412
Acres
0.22
Lot Location
Sprinklers Manual
Days on Market
18
Property Type
Multifamily
Style
Bungalow
Stories
One Level
Neighborhood
Not Applicable

Property Description

This Pasadena property presents a great opportunity to own a charming duplex and either live in 1 unit while renting out the other or gather rents from both units and start earning passive income. The front unit (274) features 3 beds & 1 bath across 1,196 SF. The welcoming front porch opens into the living area, which provides ample room for relaxation & entertainment. Continue to the kitchen with character built-ins & cabinetry, an attached dining area, and access to the unfinished basement, a large & useful storage space. There are 3 decently-sized bedrooms and the full bathroom features a shower over tub and built-in linen closet and drawers. The utility room at the rear of the unit has a washer & dryer and leads to the back porch, fenced-in yard with room to play or garden, and 1-car detached garage. Travel down the long driveway to the tenant-occupied back unit (270), which has 2 beds & 1 bath within 756 SF. Each unit has their own laundry, yard space, and dedicated driveway, offering ample off street parking. There is also potential to build 1 additional ADU on the lot, offering even more rental income opportunity (Buyer to verify). This duplex enjoys close proximity to parks, shops, In-N-Out, and easy freeway access to the broader LA area & beyond. Don't miss out on this investment opportunity - embrace the potential of 274 N Oak Ave today!

Additional Information

Appliances
Gas Range
Pool Description
None
Heat
Floor Furnace, Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Exterior Construction
Stucco
Roof
Composition, Shingle
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Built-in Features
Attached Structure
Detached
Gross Scheduled Income
$21,600

Listing courtesy of Listing Agent: David Knight (daveknightrealestate@gmail.com) from Listing Office: Keller Williams DTLA.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.