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 freeways—making it highly attractive to tenants and homeowners alike.
Property Breakdown:
285 Parke (Main House – Delivered Vacant)
Spacious 3-bedroom, 2-bath residence—perfect 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-bedroom, 1-bath unit located at the rear for added privacy.
279 Parke (Delivered Vacant)
Larger 1-bedroom, 2-bath unit with a flexible layout.
Delivered vacant and Equiped with new refrigerator, washer & dryer, microwave, stove, dishwasher.
This property is being sold “as-is”, reflecting a compelling entry point for savvy investors. With only the smallest unit currently rented and all larger, higher-income potential units delivered vacant, the property offers a rare opportunity to reset rents to market levels immediately and maximize returns.
Don’t miss this opportunity—schedule your private showing today.
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 freeways—making it highly attractive to tenants and homeowners alike.
Property Breakdown:
285 Parke (Main House – Delivered Vacant)
Spacious 3-bedroom, 2-bath residence—perfect 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-bedroom, 1-bath unit located at the rear for added privacy.
279 Parke (Delivered Vacant)
Larger 1-bedroom, 2-bath unit with a flexible layout.
Delivered vacant and Equiped with new refrigerator, washer & dryer, microwave, stove, dishwasher.
This property is being sold “as-is”, reflecting a compelling entry point for savvy investors. With only the smallest unit currently rented and all larger, higher-income potential units delivered vacant, the property offers a rare opportunity to reset rents to market levels immediately and maximize returns.
Don’t miss this opportunity—schedule your private showing today.
Property Details
Price:
$1,880,000
MLS #:
WS26084213
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
646pasadenane
Listed Date:
May 5, 2026
Total Sq Ft:
3,439
Lot Size:
11,392 sqft / 0.26 acres (approx)
Year Built:
1910
See this Listing
Schools
Interior
Appliances
DW, RF, GO, GR, WHU
Cooling
ELC, WW
Flooring
VINY
Laundry Features
GAS, WH
Levels
S
Exterior
Common Walls
_1CW
Community Features
SDW, SL, PARK
Fencing
WI
Parking Spots
10
Parking Total
10
Roof
SHN
Financial
Map
Community
- Address279 Parke ST Pasadena CA
- CityPasadena
- CountyLos Angeles
- Zip Code91101
Market Summary
Current real estate data for Single Family in Pasadena as of May 20, 2026
351
Single Family Listed
56
Avg DOM
530
Avg $ / SqFt
$1,545,344
Avg List Price
Property Summary
- 279 Parke ST Pasadena CA is a Single Family for sale in Pasadena, CA, 91101. It is listed for $1,880,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1910. The average price per square foot for Single Family listings in Pasadena is $530. The average listing price for Single Family in Pasadena is $1,545,344.
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Courtesy of PACIFIC STERLING REALTY/Irvine. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.279 Parke ST
Pasadena, CA