ResidentialIncome — 170 E Tremont, Pasadena, CA

About this property

Unlock the potential of this rare Pasadena duplex opportunity! Offered as-is and where-is in its current stage of renovation, this property presents an excellent investment for buyers looking to complete a permitted remodel and add value. The current owner has already completed a substantial portion of the major improvements, including: Mechanical rough-ins for the kitchens and bathrooms / Window retrofit / Replacement of original doors / Re-roofing / New insulation / Exterior and interior wall repairs / Siding improvements / Interior drywall installation. All work has been completed under active, valid permits, which remain in effect. While the renovation is not yet complete, the heavy lifting has already been done, allowing the next owner to finish the project according to their own vision and preferences. Once completed, this duplex offers excellent income-producing potential. The property features a spacious yard, ample on-site parking, and an unfinished detached garage that may provide the opportunity for a future ADU conversion (buyer to verify with the City of Pasadena), creating additional rental income potential. Whether you're an investor, developer, or owner-user seeking a value-add opportunity, this property offers a solid foundation in one of Pasadena's desirable neighborhoods with significant upside potential.

Property details

Location

170 E Tremont • Pasadena, CA 91103

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Listed by

ANITA LEE · Wetrust Realty