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!