$1,499,000

Prime Pasadena Duplex with Approved Expansion Permit – Rare Value-Add Opportunity Located in one of Pasadena’s most desirable neighborhoods, this well-maintained duplex offers a rare opportunity to own a versatile income property with an approved permit to expand from two units to three. The property currently features two spacious units totaling approximately 2,880 square feet, plus an approved permit for a third unit adding an additional 749 square feet. The property also includes an attached studio unit. The front unit offers approximately 1,736 square feet with 3 bedrooms and 2 bathrooms, providing generous living space ideal for an owner-occupant or premium rental income. The rear unit features approximately 1,144 square feet with 2 bedrooms and 2 bathrooms and has been recently updated with new flooring, fresh interior paint, upgraded and brand-new bathroom vanities, and new toilets throughout, making it truly turnkey. An approved permit is already in place for a third unit consisting of 2 bedrooms and 1 bathroom, approximately 749 square feet, presenting a rare and time-sensitive opportunity to significantly increase rental income and overall property value. This property is ideal for investors seeking a long-term income hold, value-add renovation, or expansion opportunity. It also offers excellent potential for owner-occupants interested in house hacking by living in one unit while generating income from the others. Conveniently located near Pasadena’s renowned dining, shopping, cultural attractions, and major transportation routes, this property combines prime location, strong income potential, and future upside. Don’t miss this exceptional opportunity to acquire a turnkey duplex with approved expansion potential in one of Southern California’s most sought-after markets.