261 N Oak, Pasadena, CA 91107
Local realty services provided by:CENTURY 21 Masters
261 N Oak,Pasadena, CA 91107
$1,425,000
- 4 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: handoko chen
Office: growth investment group pasade
MLS#:AR26096761
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,425,000
About this home
2 TURNKEY MID-CENTURY-MODERN HOUSES (VACANT) on Large Lot Brand New Back House Re-Built in 2025, Front Houses Beautifully Upgraded - Allows Additional 3 ADUs. Extremely High Proforma CAP Rate 7.35%! Perfect Blank Canvas for Owner User or Investors. DOWNLOAD OM IN THE SUPPLEMENTAL FILE! Approved drawing for a 4-car garage is included! 261-263 N Oak Ave, a 2 Mid-Century-Modern designer house situated on a large lot within the central Pasadena area - south of the 210 Freeway and minutes to Old Pasadena. This offering currently includes two distinct residences totaling 2,057 SF on a deep 8,737 lot, with clear upside to add 3 ADUs (buyer to verify). With excellent high-proforma CAP Rate of 7.35%, this extremely rare offering provides new owner with perfect blank canvas to either use this as an investment or owner-user. The property is situated on a quiet residential area close to almost all amenities city of Pasadena has to offer. It offers excellent curb appeal with very attractive and low maintenance drought-tolerant landscaping. The back house was completed in March 2025 (BUYER TO VERIFY) and re-built with excellent taste and designer finishes. Built with modern architecture techniques, it features multiple decks for tenants to use, providing a cozy living atmosphere. The unit also has hard wood floors, a wide-open living room layout, a spacious kitchen setup, and a bedroom that has doors leading directly to the backyard patio area. It is a 2 bedroom + 2 bathroom 1300SF (BUYER TO VERIFY) house complete with entry foyer, open floor design, in-unit laundry, a private backyard d...
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Home facts
- Listing ID #:AR26096761
- Added:3 day(s) ago
- Updated:May 08, 2026 at 12:32 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
Heating and cooling
- Cooling:Wall/Window
Structure and exterior
- Construction Materials:Stucco
- Levels:1 Story
Finances and disclosures
- Price:$1,425,000
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