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Listed by Pamela DelRey, DRE #00864033 • Art Del Rey Realty, Inc.
$1,250,000
Est. payment /mo
7,638 Sqft Lot
New
264 E Glenarm Pasadena, CA 91106
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR26185682
Year Built 1927
Lot Size 7,638 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Prime Pasadena location near Madison Heights, Metro Gold Line and Old Town Pasadena. Offering an excellent opportunity to own a four-unit multifamily property in a highly desirable area. The property consists of four studio apartment with 1 bathroom each, providing a total of four units, along with four detached carport parking spaces. Each unit offers a straightforward layout with strong potential for updating and repositioning. The property is located on a prime Pasadena street, close to shopping, restaurants, transportation, and many of the amenities that make Pasadena such a sought-after market. While the property is in need of updating, this is an opportunity to invest in the location and underlying potential of the property. The property is zoned RM-32-HL-1, offering potential for additional development, including the possibility of adding another unit or pursuing a new construction project, subject to city approval and applicable zoning requirements. With four existing units, dedicated carport parking, a desirable Pasadena location, and potential for future development, this property presents an attractive opportunity for an investor, owner-user, or developer looking to add value in one of the San Gabriel Valley's most established markets. Buyer to verify zo
Location
State CA
County Los Angeles
Area 648 - Pasadena (Se)
Rooms
Kitchen Other, Oven Range - Gas, Refrigerator
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry None
Exterior
Parking Features Assigned Spaces
Garage Spaces 4.0
Pool 31, None
View Hills
Building
Lot Description Grade - Level
Foundation Raised
Water District - Public
Others
Tax ID 5324004005
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