261 North Oak Ave Avenue, Pasadena, CA 91107
- $1,300,000
- Sold Price
- $1,300,000
- List Price
- $1,280,000
- Closing Date
- Sep 23, 2026
- Status
- CLOSED
- MLS#
- P1-28594
- Year Built
- 1913
- Lot Size
- 8,700
- Days on Market
- 17
- Property Type
- Multifamily
- Neighborhood
- Not Applicable
Property Description
Rare residential income opportunity on an extra deep 8,737 sq ft lot. Two fully detached homes, no shared walls. The major work is done: new foundation, new sewer line, new windows and new doors throughout. Front home (261) is 2 bedrooms and 1 bath. Rear home (263) 2 bedrooms, 2 baths, indoor laundry and modern finishes. Ideal for an owner investor or investor. Live in one and rent the other, rent both, or hold as a long term investment. RM-16 zoning allows one additional unit. Build a third single family home for more rental income and value. Buyer to verify plans and permits with the City of Pasadena. The lot features drought tolerant landscaping, mature citrus trees and a long private driveway with ample off street parking. Minutes to shopping, dining, parks, PCC, Caltech and transit.
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Additional Information
- Land Lease Type
- Fee
- Appliances
- Dishwasher, Refrigerator, Microwave
- Fireplace Description
- Fire Pit, Living Room, Primary Bedroom
- View
- None
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Listing courtesy of COMPASS. Selling Office: .