261 N OAK, PASADENA CA 91107
- 2,057 sq.ft.
- 8,747 sq.ft. lot
Property Description
Investor opportunity! Two fully detached homes on one 8,737 sq ft lot in prime Pasadena. Front unit: 2 bed / 1 bath, approx. 765 sq ft; rear unit: 2 bed / 2 bath, approx. 1,292 sq ft (built in 2025). Both units are vacant with projected market rents of $3,500 and $4,300, offering a 6.1% cap rate. Each home features indoor laundry, private outdoor space, and bright, functional layouts. The long private driveway provides ample parking. Large backyard includes mature citrus trees, low maintenance drought tolerant grounds, gazebo, and above-ground spa. Oversized lot offers potential for ADU or 4-car garage (buyer to verify). Perfect for investors seeking rental income or house hackers looking to live in one unit while renting the other. Close to shopping, dining, parks, and transit in one of Pasadena’s most desirable neighborhoods.
Listing Courtesy of Nicholas Mauro, Realty Executives Com. & Res.
Exterior Features
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