$2,950,000
646 Westminster Dr
Pasadena, CA 91105
—
Beds
—
Baths
11,696
Square feet
1938
Built
Listing narrative
Description
Excellent investment opportunity located in the Arroyo Pasadena area! Multi-unit Income Producing Property! Don’t miss this rare opportunity to own a versatile and income-generating property in this highly desirable area. This unique opportunity features a total of six units, including five 1-bedroom, 1-bath units all recently updated; and one spacious 3-bedroom, 2-bath two-story home with a balcony. The one-bedroom units have been updated, offering modern and exceptional finishes. The units offer practical layouts with bright living spaces and private bedrooms, appealing to a wide tenant base. Ideal for tenants seeking privacy and convenience. The main attraction at this property is the detached two-story home, perfect for an owner looking to live on-site while generating strong rental income from the remaining units. This property is currently providing solid and stable income in one of Southern California’s most sought-after rental markets. This property is ideal for anyone seeking to live in a very exclusive area. Additionally, the property may qualify for a 1031 exchange, making it an attractive option for investors looking to defer capital gains while upgrading their holdings. Located near shopping, dining, and major transportation routes, this Pasadena property offers both immediate income and long-term appreciation potential
Property Details
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Price
$2,950,000
Beds
Beds n/a
Type
Commercial
MLS subtype
Multi Family
Home Size
11,696 sqft
Baths
Baths n/a
Lot Size
0.27 acres
Year
1938
Status
For Sale
Days on Market
201
$ / Sqft
$252
Courtesy of Elevate Real Estate Agency






