261 N Oak Avenue, Pasadena, CA 91107
List Price: $1.28M
Listing Status: Hold
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1913
Lot Size: 8,747 sq ft
Private Pool: Yes
MLS Number: SR26165568
About This Property
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.
Listing provided by: Victoria Ronald DRE #01393580 888-584-9427 victoria@VictoriaRonald.com, eXp Realty of California Inc
Source: CRMLS, MLS #: SR26165568