$2,399,999 Price Analysis   ♡   Pasadena, CA 91101 8 bed 8 bath 4,464 SqFt ($537/SqFt) 8,211SqFt lot. Built 2024 Listed 2024-08-12 | Ⓧ USDA Ineligible due to price & location near Pasadena |
Pasadena4Plex Quadplex .
A brand-new constructon designed to offer versatility and modern living in one of Pasadena's most desirable neighborhoods. This property features four distinct units, perfect for a large family, living in one and renting the rest or for investors seeking a lucrative opportunity. The two larger units boast 2 bedrooms and 2 bathrooms across a open 1, 434 sq ft of living space. These tri-level homes include a 2-car garage and a rooftop deck, perfect for entertaining or enjoying the pleasing California weather. The interiors are designed with modern finishes, offering an open-concept living area, gourmet kitchen and ample natural light.
The two additional units are cozy 2-bedroom, 2-bathroom homes, each offering 798 sq ft of thoughtfully designed living space. These units are ideal for tenants or extended family, combining comfort and style. The entire property will be equipped with solar panels and air conditioning throughout, ensuring energy efficiency and year-round comfort. Whether you're an investor seeking a strong cap rate, a family looking to occupy the entire property or a buyer looking to live in one unit and rent out the others, this multi-unit lot offers incredible potential. Its prime location in Pasadena provides easy access to local amenities, dining and entertainment. Seize this rare opportunity to own a brand-new, multi-unit property in a thriving community!
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Popular Real Estate.
Property MLS #DW24162064 from CRMLS
Appliances YN: Yes
Laundry Features: In Closet
Heating Features: Central
Heating: Yes
Window Features: Double Pane Windows
Road Frontage Type: City Street
Road Surface Type: Paved
Lot Size Acres: 0.1884986
Lot Size Source: Plans
Lot Size Square Feet: 8211
Parking Features: Parking YN: Yes, Parking Features: Assigned, Attached Carport, Asphalt
Parking Total: 8
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Unit-1 Garage Spaces: 2
County: Los Angeles
Cap Rate: 5.33
Other Expense: 3000.00
Source Property Type: Residential Income
Insurance Expense: 6000.00
Area: 645 - Pasadena (NW)
Source Neighborhood: 645 - Pasadena (NW)
New Taxes Expense: 30000.00
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 4
Parcel Number: 5731021064
Trash Expense: 1000.00
Zoning: PSR4
Source System Name: C2C
$2,399,999
CRMLS
Year Built: 2024
Building Features: 2
Common Walls: 2+ Common Walls
Direction Faces: South
Entry Level: 1
Entry Location: 1
Foundation Details: Pillar/Post/Pier
New Construction: Yes
Property Attached: Yes
Levels or Stories: Three Or More
Building Total Stories: 3
Structure Type: Quadruplex
Year Built Source: Builder
Sewer: Sewer: Public Sewer
Electricity Connected
Natural Gas Connected
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.