Pasadena Midcentury House + Duplex

$1,150,000 

270 Robincroft Dr, Pasadena

# of Units: 3

GRM: 15.5

CAP Rate: 4.76%

Price/SF: $418

Building SF: 2,746

Lot SF: 5,395

Zoning: PSR1

Year Built: 1958

Description

MIDCENTURY MODERN SFR + DETACHED DUPLEX! 270 Robincroft is a highly unique property that offers excellent value, pride of ownership condition, interesting architectural features, near market rents - and is offered at a very attractive price point. The property consists of a midcentury modern home that has two master bedroom suites and opens to a gated outdoor patio, plus a detached duplex with oversized studio apartments perched above parking and large storage rooms that can be used as gyms, offices, art/music studios, and much more. The property was remodeled in 2008 and is a fantastic stabilized asset for a new or seasoned investor. The single family home is 2 stories and appx. 1,750 SF, and laid out so that there are 2 master suites, one on the 2nd floor with views overlooking Pasadena, and one ground floor master with a separate entrance. This is an exceptional value for a house plus duplex in a quaint and quiet area of North Pasadena.

 

Location

The property is nestled among palm and eucalyptus trees on a quiet, residential street north/east of the 210 freeway above Washington Blvd and east of Fair Oaks. It is appx 2 miles from the Rose Bowl and appx 2 miles to Old Town Pasadena and the Playhouse District. It is appx 3 miles to both Cal Tech and Pasadena City College, and 3.5 miles to JPL.

Property Highlights

  • Incredible Mid Century Modern Home With Detached Duplex

  • Fully Remodeled in 2008 - Pride of Ownership

  • Exceptional Value for appx. 1,750 SF House Plus Duplex!

  • House has 2 Master Bedroom Suites With Separate Entrances. Perfect for Work From Home, Multigenerational Living, AirBnb, and more.

  • Studios are Huge and Have Separate Storage Units Below w/Access Via Garage

  • Quaint & Quiet North Central Pasadena Location Close to Old Town, Playhouse District, Cal Tech, PCC, and JPL.

  • Each Unit Has Gas Fireplaces, Washer & Dryer 

  • 100% Occupied

  • 100% Covid Rent Collection

  • Ample Parking

Please Send Me More Infomation On This Listing
Call Me Today!

Tel: 310.562.9630 

Email: DMendez@kw.com

DRE #: 01746702

IncomePropertiesLA.com

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