Pasadena Avenue presents an exceptional investment opportunity with a diverse mix of units, three of which will be delivered vacant, allowing for immediate rent increases or owner-occupancy options. The property features a total of four units, including a primary house at 327 Pasadena Avenue, a 2-bedroom, 2-bathroom unit spanning 1,535 sq. ft. and currently occupied. The remaining three units include: A front-facing 1-bedroom, 1-bathroom unit at 325 Pasadena Avenue (737 sq. ft.) A rear 1-bedroom, 1-bathroom unit at 325 Pasadena Avenue (700 sq. ft.) A 1-bedroom, 1-bathroom unit at 327 Pasadena Avenue (700 sq. ft.) This property is competitively priced, with projected rents based on market rates of $2.50 to $3.86 per sq. ft. The four-unit property has a total price of $1,750,000, reflecting a strong investment with potential for rental growth. When combined with the adjacent duplex, the total asking price for both properties is $3,000,000, offering a unique opportunity for future density development on a 0.56-acre lot with 150 feet of frontage. Given the SPR310000 zoning, there is significant potential for maximizing the unit count through entitlements and higher-density development. Current Rent (House) 327 Pasadena Ave - $3,650 327.5 Pasadena Ave - (vacant) 325 Pasadena Ave - $2,500 325.5 Pasadena Ave (Vacant) Projected Rent (House) 327 Pasadena Ave - $5,833 327.5 Pasadena Ave - (vacant) - $2,660 325 Pasadena Ave - $2800 325.5 Pasadena Ave (Vacant) - $2660 Total Projected $13,953

Coming Soon