261 N Oak Avenue, Pasadena, CA 91107
- $1,280,000
- List Price
- $1,280,000
- Status
- ACTIVE
- MLS#
- SR26165568
- Year Built
- 1913
- Lot Size
- 8,747
- Acres
- 0.20
- Lot Location
- Front Yard, Garden, Rocks, Street Level
- Days on Market
- 9
- Property Type
- Multifamily
- Property Sub Type
- Duplex
Property Description
A RARE TWO HOME INCOME OPPORTUNITY IN PASADENA. Unlock the potential of two fully detached residences with no common walls on one expansive 8,737 sq ft lot. The renovated front bungalow features 2 bedrooms and 1 bathroom, while the rear residence, completed in 2025, offers 2 bedrooms and 2 bathrooms. This versatile configuration creates multiple ownership strategies: occupy one residence and lease the other, rent both homes, or hold the property as a flexible long term asset. Each residence includes indoor laundry, a private outdoor area, and a bright, functional layout enhanced by thoughtfully selected modern finishes. A long private driveway provides generous off street parking, while low maintenance drought tolerant landscaping, mature citrus trees, covered gathering areas, a gazebo, and an above ground spa add everyday appeal. The oversized lot may also offer future potential for an additional ADU or 4 car garage, subject to buyer investigation and city approval, providing another possible avenue for value creation. Located near shopping, dining, parks, and transit, this property combines privacy, condition, flexibility, and expansion potential in one compelling Pasadena offering. Opportunities with two separate homes and this level of versatility are increasingly difficult to find.
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Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Central Air
- Sewer
- Unknown
- Water
- Public
- Interior Features
- All Bedrooms Down, Primary Suite
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $72,000
- Operating Expense
- 3000
Listing courtesy of Listing Agent: Victoria Ronald (victoria@VictoriaRonald.com) from Listing Office: eXp Realty of California Inc.
Mortgage Calculator
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.