279 Parke St , Pasadena, CA 91101
$1,880,000
Est. Payment: $9,459.86/mo
8 Bed
6 Bath
0 Sqft
Status: active | Days on site: 96
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Discover an exceptional investment opportunity in the heart of Pasadena with this rare 4-unit income property, offering a highly desirable unit mix and strong upside potential. With three units delivered vacant and only the smallest rear unit occupied, this property is ideal for both investors and owner-occupants seeking immediate flexibility and long-term income growth. The property also offers additional land at the rear with strong potential for future ADU development (buyer to verify with the city), presenting a valuable opportunity to further increase income and maximize long-term returns. Each unit features its own laundry hookups. The property also provides approximately 10 off-street parking spaces, a significant advantage in this prime Pasadena location. Ideally situated near Villa Parke Community Center and Park, the property offers easy access to recreational amenities, while also being conveniently close to local dining, shopping, and major freewaysmaking it highly attractive to tenants and homeowners alike. Property Breakdown: 285 Parke (Main House Delivered Vacant) Spacious 3-bedroom, 2-bath residenceperfect for an owner-user or premium rental. Recently upgraded with a brand-new roof and flooring, featuring a private front yard, 4 dedicated parking spaces, and a clean basement ideal for storage. Equipped with new refrigerator, washer & dryer, microwave, stove, and dishwasher. 283 Parke (Delivered Vacant,with New Flooring and Windows) 3-bedroom, 1-bath unit offering generous living space, ideal for families or shared living. 281 Parke (Tenant Occupied) Cozy 1-

Highlights

Listed by LIANG WANG , 909-343-9494 PACIFIC STERLING REALTY/Irvine , 949-222-9911. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.26

County

Los Angeles

Listing ID

WS26084213

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:6
  • Full Bathrooms:
Air Cond:Wall/Window
Fireplaces:

Exterior Features

Zoning:Assessor
Principal Interest
$9,460
Taxes
$1,199

Home Price

$1,880,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$376,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,459.86

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,459.86 $1,198.50 $0.00 $10,658.36
Yearly $113,518.35 $14,382.00 $0.00 $127,900.35
Total $3,405,550.60 $431,460.00 $0.00 $3,837,010.60

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Pasadena, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-08-09T00:22:00.000Z

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