Pasadena, CA 91106,432 N Mentor Ave
Pasadena, CA 91106,432 N Mentor Ave
Pasadena, CA 91106,432 N Mentor Ave
13
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$975,000
Est. payment /mo
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4 Beds
2 Baths
2,052 SqFt
Active

432 N Mentor Ave Pasadena, CA 91106

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,052 sqft

Price per Sqft $475

MLS Listing ID 25551647

Style Traditional

Bedrooms 4

Lot Size 8,080 Sqft

Acres 0.1855

Property Sub-Type Multi-Family

Property Description

***Vacant*** Exceptional opportunity to own a duplex in the heart of Pasadena, ideal for investors, developers, or owner-users seeking value-add potential. Hitting a target cap rate of 9-12% is doable depending on your strategy with the upside in rents and additional unit(s). Located north of the 210 freeway, this gem sits on a generous lot, offering tremendous upside and flexibility for future expansion. Both units are vacant, making this a perfect blank slate to renovate, rent, or reimagine. With ample lot space, there may be potential to add an ADU, a third unit, or explore other development opportunities (buyers to independently verify with the City of Pasadena regarding zoning, density, and building regulations). Located on a picturesque tree-lined street near Pasadena City College, Caltech, and vibrant shops and dining on Lake Avenue, this property is a rare find in a great location with plenty of upside. Don't miss this chance to transform a fixer into a profitable long-term investment or develop sell at a premium disposition price.

Location

State CA

County Los Angeles

Area Pasadena Ne

Zoning PSR4

Rooms

Other Rooms Shed(s)

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment Range/Oven

Laundry Community, Outside

Exterior

Parking Features Carport Detached

Garage Spaces 4.0

Waterfront Description None

View Y/N No

View None

Building

Story 1

Architectural Style Traditional

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Keller Williams Realty Los Feliz

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agent

Jennifer D. Holmes

Global Real Estate Advisor

+1(214) 600-2972

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432 N Mentor Ave