1510 E Del Mar Boulevard, Pasadena, CA 91106

$1,780,000 Asking Price

4 beds
2 baths
2,778  sqft
Built in 1924

High-Potential Investment Opportunity Next to Caltech and PCC in Pasadena This property, located close to the renowned California Institute of Technology (Caltech) and next to Pasadena City College (PCC), offers a high-potential investment opportunity. The house can be developed into multiple rental units, including ADU and JADU. It is very suitable for both short-term and long-term rentals, The cash flow from a short -term lease can be much more high. Within walking distance to Pasadena City College and just a few minutes' drive to Caltech and the Huntington Library. The main house is two stories. Downstairs features a large bonus bedroom and a full bathroom. The second floor has four bedrooms and a full bathroom. The first floor also includes a formal living room and dining room. The backyard has a detached garage, which can be converted into an ADU rental unit. There is also plenty of space for expansion by the pool. Located in a famous college area, this property meets both high-potential investment and self-occupancy needs. Must see!

Features & Amenities

Interior

General:
Attic Fan,Tile Counters
Laundry:
Laundry Room
Flooring:
Wood
A/C:
Wall/Window
Heating:
Forced Air Unit
Fireplace:
FP in Living Room
Disability Feature:
Parking

Exterior

Pool:
Private
Parking:
Parking spaces: 2

Construction

Roofing:
Shingle
General:
2 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
PSR6, 5736010016
View:
Pool,Neighborhood,City Lights

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
GRACE & GLORY REAL ESTATE GROUP, Daniel Hong

About Pasadena, CA

Housing

Number of Units
65,196
Median Home Value
$859,242
Median Rent
$1,691

56.86% of housing units are renter occupied.

6.11% are vacant.

Commute

Car
50.16%
Public Transportation
3.56%
Walk to Work
2.81%
Work from Home
40.76%
Other
1.55%

The median travel time to work is 19 minutes.

People

Population
151,060
Median Age
39.70
Median Household Size
2.58

Education

High School
13.48%
Associate’s Degree
6.52%
Bachelor’s Degree
28.74%
Graduate Degree
26.04%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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