$1,775,000
MLS: SR26185267
Beds
—
Baths
—
Sq Ft
2,668
Lot
0.22 ac
Year Built
1956
MLS #
SR26185267
Days on Market
52
Listed
Aug 24, 2026
Description
Exceptional Pasadena Investment Opportunity Ideally situated in the heart of Pasadena, this distinctive mixed-use property presents a rare opportunity to acquire a well-positioned investment in one of the West San Gabriel Valley’s most desirable and established submarkets. With low tenant turnover, multiple income-producing components, and a highly convenient location, this versatile property offers both immediate appeal and long-term investment potential. The property features a street-front commercial unit, currently operating as a hair salon and complete with its own laundry facility. The residential component includes a three-bedroom, two-bath home, along with a duplex featuring two one-bedroom, one-bath units, creating a diverse mix of residential and commercial uses. A beautifully landscaped central courtyard enhances the property’s character and provides an inviting setting for residents. The expansive lot extends from its frontage on Allen Avenue all the way to the rear alley, offering convenient access to the garage and three additional driveway parking spaces. A coin-operated laundry room provides an additional amenity for the residential units. With its combination of commercial and residential income opportunities, excellent accessibility, attractive grounds, and prime Pasadena location, this is a compelling opportunity to add a truly distinctive asset to an investment portfolio.
Location
Pasadena, Los Angeles County, CA 91107
Open on Google Maps ↗Listed by: Nathalie Marles · Berkshire Hathaway HomeServices Crest Real Estate
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$13,875
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $177,500 · Loan: $1,597,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $11,061
- Property tax (1.25%)
- $1,849
- Homeowners insurance
- $300
- Mortgage insurance
- $666
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Pasadena home with as little as 3.5% down using an FHA loan — roughly $62,125 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Pasadena, CA 91107 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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