Fixer/development opportunity in Pasadena’s premier Southwest district offering rare R4 zoning on a roughly 22,000 sq ft lot with an existing home of about 1,000 sq ft featuring 2 beds and 2 baths. This location near Huntington Hospital, Madison Heights, and the Arroyo provides strong end-buyer appeal and incredible flexibility for redevelopment, added units, higher-density builds, or a luxury renovation. With classic 1920s architecture, a spacious lot, and no replacement-housing constraints, investors can pursue a wide range of value-add strategies in a pocket where remodeled and redeveloped homes consistently trade in the $4M+ range. Recent nearby sales between $4.17M and $4.44M further support the high-end exit potential.
Price is $1,799,999. End buyers only, cash or hard money. Call or text show contact info
for access. I also get multiple off-market deals weekly across Southern California — reach out if you’re looking for more investment opportunities.