Pasadena is known for many different types of properties. From single homes to condos and townhouses to duplexes and apartment buildings. The home listings below are some of the income property available in the Multiple Listing Service. The properties are updated every few hours as new income generating homes come up on the real estate market. So bookmark this post and come back to it often if you are looking to invest in Pasadena.
Give Irina a call at 626-629-8439 (or email) if you have any questions regarding your real estate home purchase process or what it takes to invest in the Pasadena income property.
Pasadena Income Property for Sale
$695,000 :: 701 ELMIRA ST, Pasadena CA, 91104
0 beds, 0 baths
Home size: 3,000 sq ft
Lot Size: 7,139 sq ft
Added: 01/26/12, Last Updated: 02/03/12
Property Type: Residential Income
MLS Number: 12579753
Community: Pasadena Nw
6.24% Cap Rate ~ 11.14 GRM!! We are pleased to offer this fourplex that will have great cash flow for a new buyer. There is excellent financing on this property...25% Down, 4.87% Fixed for 30 Years!! Located on a quiet residential street with a high rental demand, rarely do you have vacancies. 4 separate water heaters and 7 on-site parking spaces. Property is in good condition on exterior and interior. Great income/investment property or would work well for owner/user. Pasadena is a premiere rental location in the San Gabriel Valley. Historically high rents and low vacancy rates.
Listed with Alexander Metaxas, Re/Max Commercial
Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com!
$799,800 :: 1318 North Michigan Avenue, Pasadena CA, 91104
0 beds, 0 baths
Home size: 3,255 sq ft
Lot Size: 6,599 sq ft
Added: 12/20/11, Last Updated: 02/03/12
Property Type: Residential Income
MLS Number: 22159633
Community: Pasadena Ne
Great property in N.E. Pasadena. 4 units. 3 legal-Front house(Total square footage -2295) split into 2-1 (Downstairs)-1-1 (Upstairs). Legal square footage. Upstairs unit may not be on permit. Rear units over 3 car garages are 1-1 each and are 480 square feet each. Owner would prefer sale as a package with 1216 E Washington triplex(adjacent)-- MLS#22159623-- but will now consider separate sales. Low maintenance properties. Very good condition. Recent new roofs, exterior paint and gutters. Note large total square footage.
Listed with Herman Helber, Coldwell Banker
Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com!
$599,000 :: 1216 East Washington Boulevard, Pasadena CA, 91104
0 beds, 0 baths
Home size: 2,687 sq ft
Lot Size: 7,985 sq ft
Added: 12/19/11, Last Updated: 02/03/12
Property Type: Residential Income
MLS Number: 22159623
Community: Pasadena Ne
Triplex (5741-019-001) at corner of Washington and Michigan. Duplex units are 2-1(1020 square feet ea.). Cottage is 1-1(667 Square feet). The owners would prefer to sell as a package with 1318 N Michigan (adjacent)(5741-019-002)MLS#22159633 but would sell the properties seperately. Both properties are in very good condition with recent new roofs, exterior paint and gutters. Great value. Buy and own a slice of Historic Bungalow Heaven.
Listed with Herman Helber, Coldwell Banker
Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com!
$589,000 :: 1700 El Sereno Avenue, Pasadena CA, 91103
0 beds, 0 baths
Home size: 3,723 sq ft
Lot Size: 11,001 sq ft
Added: 02/02/12, Last Updated: 02/02/12
Property Type: Residential Income
MLS Number: C12015045
Community: Pasadena Nw
Two Houses on a Lot. Front house features 1 Bedroom , 1 Bathroom and small bonus room. New kitchen, bathroom, flooring and paint.Rear house features 5 bedrooms and 4 bathrooms, with formal dining room, large living room & bonus room. Ideal for large family. Newerconstruction 3 car garage. Property is located on a quiet, residential neighborhood.
Listed with ALEX IZQUIERDO, METRO CITY, INC.
Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com!
$2,179,000 :: 844 S MARENGO AVE, Pasadena CA, 91106
0 beds, 0 baths
Home size: 6,376 sq ft
Lot Size: 10,045 sq ft
Added: 01/20/12, Last Updated: 02/02/12
Property Type: Residential Income
MLS Number: 12576847
Community: Pasadena Sw
Beautiful Madison Heights 7-Unit Apartment Complex located in close proximity to The Gold Line, Old Town Pasadena, South Lake Area, Paseo Colordo, and Downtown Los Angeles. Owner has done many upgrades and capital improvements over the years. The property is separately metered.
Listed with Patrick Brandt, John Aaroe Group
Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com!
$495,000 :: 504 Westgate Street, Pasadena CA, 91103
0 beds, 0 baths
Home size: 1,652 sq ft
Lot Size: 9,860 sq ft
Added: 11/16/11, Last Updated: 02/02/12
Property Type: Residential Income
MLS Number: A11149965
Community: Pasadena Nw
Watch the world go by while sipping a cool drink on your rocking chair front porch. Spectacular, tree-lined street is picture-post-card gorgeous featuring rehabs as well as high-end luxury homes. Walk to the Rose Bowl, shops, quaint eateries and transportation. Two separate units, both extensively upgraded a few years ago with new kitchens, baths and more. Rear unit features a garage and a private, fenced yard. Live in one unit and let the other unit pay part of the mortgage -- or rent them both! Convenient Pasadena location has excellent access to JPL, Old Town and major freeways. Just minutes to parks, recreation and downtown LA. Drive by and take a look, but please don't disturb the tenants. Whether first time buyer or seasoned investor, you will LOVE this property!
Listed with Carol Chiofalo, Keller Williams Realty
Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com!
$350,000 :: 170 East Claremont Street, Pasadena CA, 91103
0 beds, 0 baths
Home size: 933 sq ft
Lot Size: 3,121 sq ft
Added: 11/28/11, Last Updated: 02/02/12
Property Type: Residential Income
MLS Number: F11153761
Community: Pasadena Se
owner invested $159,000 to remodel this great prime location in Pasadena.Upgraded pluming, new water heater, upgraded electric, Completelyremodeled Duplex detached, separate entrances, new paint inside and out, brand new air conditioner, brand new wall heater, brand new fence,brand new carpet and vinyl floor, completely remodeled kitchenand New bathroom in 2 bedroom unit.
Listed with Michael Feingersh, Michael Scott Feingersh
Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com!
$266,900 :: 318 East Villa Street, Pasadena CA, 91101
0 beds, 0 baths
Home size: 1,344 sq ft
Lot Size: 7,118 sq ft
Added: 01/20/12, Last Updated: 02/01/12
Property Type: Residential Income
MLS Number: 22160539
Community: Pasadena Ne
This duplex is located close to parks, schools, and transporation. The front house is a 2 bedroom 1 bathroom and features a living room with hardwood floors, a sunroom, a spacious kitchen, and laundry room. There rear unit is a studio with 3/4 bathroom. The 2 car detached garage offers ample storage including an attic area and work shop.
Listed with Max Pellegrini, Dilbeck Real Estate
Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com!
$408,000 :: 132 North San Marino Avenue, Pasadena CA, 91107
0 beds, 0 baths
Home size: 1,201 sq ft
Lot Size: 5,996 sq ft
Added: 12/14/11, Last Updated: 02/01/12
Property Type: Residential Income
MLS Number: W11161216
Community: Pasadena Se
The price of this listing was last reduced on 2/3/2012 by 11%
Two 1 bedroom duplex. Both units have been upgraded. Unit occupied by owner has recently been remodeled. Enclosed patio used as dining area.
SHORT SALE. SUBJECT TO LENDER APPROVAL.
Listed with BUSTER WILLIAMS, GLOBAL REALTY
Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com!
$549,000 :: 1971 El Sereno Avenue, Pasadena CA, 91103
0 beds, 0 baths
Home size: 3,910 sq ft
Lot Size: 18,974 sq ft
Added: 01/31/12, Last Updated: 02/01/12
Property Type: Residential Income
MLS Number: A12013642
Community: Pasadena Nw
This 4 unit income property has a large lot with tons of potential (bring your imagination.) Each unit has its own front and backyard. Close to shopping and transportation. Minutes from Old Town Pasadena, the Rose Bowl, JPL, Eaton Canyon, and many more attractions. Unit 1 has 2 bedrooms, 1-1/4 bath, huge bonus room, and 2 car garage. Unit 2 has 2 bedrooms, 1 bath, and 1 car garage. Unit 3, also is a 2 bedroom, 1 bath, and 1 car garage. Unit 4 is a 1 bedroom, 1 bath, and 1 car port. This unit has been remodeled. All other units need a little TLC.
Listed with Maureen Twyman, Century 21 Ludecke Inc.
Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com!
If you are thinking of buying or selling a Pasadena home, condo or townhome, please give us a call for a comprehensive and free consultation. We can be reached at 626-629-8439.
IRINA NETCHAEV
PASADENA VIEWS REAL ESTATE TEAM
Real Estate Agents
Pasadena, California
(626)629-8439
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Thinking of selling your home? Interested in finding out the current market value of your single family home, condo or investment property? Then call Irina Netchaev at (626) 629-8439 to discuss what is happening in today’s Southern California Real Estate Market.
