Tremendous Opportunity 2 Homes on a Lot with Potential

$ 595,000.00

31-33 S Parkwood Ave, Pasadena, CA 91107, USA
  • Date added: 10/05/13
  • Bedrooms: 5
  • Status:
  • Bathrooms: 2.5
  • Area: 1620 sq ft
  • Lot size: 8307 acres
  • Year built: 1905
  • GARAGE / PARKING: Carport


Excellent opportunity to own in an outstanding rental market near PCC, Cal Tech and everything that Colorado Blvd has to offer. These turn key units are ideal for an owner/user who wants to offset their mortgage or a savvy investor who knows how to maximize returns in this high demand area. BONUS!! The City may allow a 3rd unit to be built on this lot if all setbacks, etc are met. The high density RM16 zoning is very desirable and gives this property future building potential. The original home is the rear unit (33 S Parkwood) and was built in 1905, and this bungalow has plenty of character and charm. From the original built in’s to the exposed beams in the dining room this place has Pasadena written all over it. Don’t miss this fantastic property!

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