$10,000 Closing Credit¹
#OC24222556, Lily Nguyen, Listing Office: Berkshire Hathaway HomeService
$1,500,000 List price
279 Parke St Pasadena, CA 91101
$10,000
Closing credit¹
0.3 acres
Multi-Family
Property details
About 279 Parke St
Discover an outstanding investment opportunity in beautiful Pasadena with this rare 4-unit property! Perfect for both investors and owner-occupants, this versatile property allows you to live in one unit while generating income from the other three. Each unit is designed with its own laundry hookups, making it a highly attractive feature for potential tenants. The property also offers a total of 6 parking spaces located at the back, providing plenty of off-street parking options for all residents. This property is ideally located in close proximity to the Villa Parke Community Center and Park, offering recreational amenities just steps away. You’ll also enjoy convenient access to an array of local restaurants, shops, and major freeways, making it a prime location for both renters and homeowners alike. The property consists of four distinct units: 285 Parke: The main house, featuring a spacious layout with 3 bedrooms and 2 full bathrooms, ideal for an owner-occupant or a high-end rental. 283 Parke: This adjacent unit offers 3 bedrooms and 1 bathroom, perfect for families or roommates seeking ample living space. 281 Parke: Located at the rear of the property, this cozy unit has 1 bedroom and 1 bathroom, ideal for a single tenant or a couple looking for privacy. Rear Unit: The second back unit offers a larger 3-bedroom, 2-bath layout, providing comfortable living for a larger family or group of tenants. This property is being sold in "as-is" condition, reflecting its competitive pricing, making it an exceptional investment for the discerning buyer. Whether you’re looking to rent out all units or occupy one and rent the others, this property presents limitless potential for long-term income growth in a highly desirable Pasadena neighborhood. Don’t miss out on this chance to own a multi-unit property in a prime Pasadena location—schedule a viewing today!
Highlights
Home typeQuadruplex
StatusActive
Lot size0.2615 Acres
Year built1910
ParkingDriveway
MLS #DW24216149
Summary
- MLS Number: DW24216149
- MLS Name: CRMLS
- Office Name: ReMax Sky
- Office Phone: (818) 974-1797
- Listing Agent: Julio Midolo
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/25/2025, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,500,000
279 Parke St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 18, 2004 | Home Sold | $487,000 |
| Jul 09, 1999 | Home Sold | $305,000 |
| Jul 02, 1998 | Home Sold | $160,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $678,815 | $8,550 |
| 2023 | $665,506 | $8,477 |
| 2022 | $652,458 | $8,196 |
| 2021 | $639,666 | $7,861 |
| 2020 | $633,108 | $7,583 |
| 2019 | $620,695 | $7,671 |
| 2018 | $608,526 | $7,578 |
| 2017 | $596,595 | $7,578 |
History based on county public records data.
Nearby schools
4
James Madison Elementary School
Public District KG-5
0.3 mi
•515 E Ashtabula St
3
Washington Elementary STEM Magnet School
Public District KG-5
1.0 mi
•1520 N Raymond Ave
6
Longfellow Magnet School
Public District KG-5
1.2 mi
•1065 E Washington Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,778. Typical income of Pasadena, CA residents is less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
48%
<35k
36%
35k-100k
14%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
21%
Single, with Kids
11%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
8%
12-17 yrs old
37%
18-34 yrs old
33%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Alternative
All data provided by Home Junction and Claritas
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This home is located at 279 Parke St in Pasadena, CA and zip code 91101 in the The Verdugos neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $1,500,000.
In January 2025 more than 22 listings in Pasadena, CA were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 23 were sold below. The number of homes for sale in Pasadena, CA increased by 16.2% between December and January 2025. Listings spent 47 days on the market in January 2025, and had a median list price of $1,218,933 during the same period.
From Rocket Homes Real Estate and based on county public records data.