Property Detail

261 Oak Ave

Pasadena CA

$1,280,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Shanshan Lin of COMPASS. Last updated 2026-08-26 08:10:59.000000. Listing information © 2025 CRMLS.

Destiny Six Financial
admin Real estate 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 6:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM https://static.royacdn.com/Site-69367b46-38a9-47a3-ab4d-b67fef77f61f/teamAssets/derrick_.png realtor # # # https://static.royacdn.com/Site-69367b46-38a9-47a3-ab4d-b67fef77f61f/teamAssets/derrick_.png