261 N Oak Ave Avenue

Pasadena, CA

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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