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$599,000
3 Beds ⋅ 2 Baths ⋅ 27545322 MLS ⋅ ACTIVE Status
HIGH-YIELD VALUE-ADD 4-PLEX IN PASADENA - ALREADY SECTION 8 APPROVED Purchase through a (QOF) Incredible opportunity to acquire a cash-flowing Pasadena 4-plex positioned for an immediate equity push. Currently managed by a long-term, mom-and-pop owner, the asset is primed for a strategic investor to step in and capture massive operational upside. By implementing a Ratio Utility Billing System (RUBS), a new owner can wipe out $7,200 in annual owner-paid utilities, transferring that value straight to the bottom line. Skip the red tape—the property is already approved for the Section 8 program, making it a turnkey transition for a high-performing voucher portfolio. Aligning the units with local Housing Choice Voucher limits ($1,260 for 2-beds / $1,700 for 3-beds) unlocks a robust $71,040 gross annual income. Priced to deliver a highly competitive 7.5% Cap Rate upon optimization, this asset perfectly blends immediate government-backed income stability with premier value-add potential.

1210 Wafer St Unit 4, Pasadena

$230,000
3 Beds ⋅ 3 Baths ⋅ 22966083 MLS ⋅ ACTIVE Status
Welcome to 717 Wafer St, a well-located Pasadena property offering an excellent opportunity for homeowners or investors alike. This property is situated on a standard residential lot in an established neighborhood and features a traditional single-family home style. The lot offers a practical layout with a comfortable yard space that supports everyday living, outdoor enjoyment, and future possibilities for the next owner. Inside, you will find a functional floor plan designed for comfortable living, with natural light and a layout that works well for daily use. The kitchen provides a convenient space for meal preparation and everyday use, while the bedrooms offer comfortable private areas and the bathrooms are arranged for functionality. Including an installed carport. Plus, this property includes a fully maintained stand-alone apartment located in the rear of the home.

717 Wafer St, Pasadena

$560,000
45898744 MLS ⋅ ACTIVE Status
Priced at just $55.45 Sq. Ft. this versatile commercial property offers 10,640 sq ft of interior space on a 16,538 sq ft corner lot, truly an exceptional value & a tremendous investment opportunity. Providing endless potential for a wide range of business types. The front section showcases an inviting storefront & lobby area, ideal for retail, offices, or a polished showroom. Behind it sits an expansive warehouse/garage that supports storage, distribution, or other operational needs. 40% dedicated to office use, including the welcoming lobby, a conference room & nine private offices, the remaining 60% is warehouse space. Can be reconfigured to match your workflow/business model. 3 private restrooms, & 2 overhead doors. The building fronts to Shaver Street which provides excellent visibility & from this location you have easy access to Highway 225, Beltway 8, and IH 45. There are ample parking spaces available.

1018 Shaver St, Pasadena

$355,000
5 Beds ⋅ 4 Baths ⋅ 15934615 MLS ⋅ ACTIVE Status
Modern farmhouse charm meets everyday functionality in this stunning 5-bedroom, 3.5-bathroom home. Offering the rare convenience of two master suites on the 1st floor, this thoughtfully designed residence provides flexibility for multi-generational living, extended guests, or a private home office setup. The bright and open-concept layout features luxury vinyl flooring, neutral designer-inspired colors, quartz countertops, recessed lighting and stylish modern finishes throughout. The kitchen is a showstopper with white shaker cabinets, quartz countertops, subway tile backsplash, stainless steel appliances, under cabinet lighting, and abundant cabinet space. The inviting front porch and modern farmhouse exterior create curb appeal that stands out from the rest. No back neighbors and only minutes to major highways.

802 Thomas Ave, Pasadena