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$1,300,000
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Property Description
Rare residential income opportunity on an extra deep 8,737 sq ft lot. Two fully detached homes, no shared walls. The major work is done: new foundation, new sewer line, new windows and new doors throughout.Front home (261) is 2 bedrooms and 1 bath. Rear home (263) 2 bedrooms, 2 baths, indoor laundry and modern finishes. Ideal for an owner investor or investor. Live in one and rent the other, rent both, or hold as a long term investment.RM-16 zoning allows one additional unit. Build a third single family home for more rental income and value. Buyer to verify plans and permits with the City of Pasadena.The lot features drought tolerant landscaping, mature citrus trees and a long private driveway with ample off street parking. Minutes to shopping, dining, parks, PCC, Caltech and transit.
Full Property Details
Full Property Details for 261 N Oak Ave Ave
General
- Sold For: $1,300,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: P1-28594
- Added to Site: 48 day(s) ago
Interior
- Rooms/Areas: Primary Bedroom, Laundry, Foyer, Kitchen, Living Room
- Interior Features: Brick Walls
- Fireplace(s): Primary Bedroom, Firepit, Living Room
- Appliances: Microwave, Refrigerator, Dishwasher
Rooms
Other Rooms
- Laundry: Inside, Individual Room, In Kitchen, Washer Hookup, Stackable, Washer Included, Dryer Included
Additional Information
- Pool Description: None
- Spa Description: None
Location
- Area: 648 - Pasadena (SE)
- County: Los Angeles
- Development Name: 648 - Pasadena (SE)
- Driving Directions: Head east on I-210 East from central Pasadena and take exit 27B for San Gabriel Boulevard. Turn right onto North San Gabriel Boulevard, then turn left onto East Colorado Boulevard. Turn left onto North Oak Avenue. Locate on your right.
Utilities
- Sewer: Public Sewer
- Water: Public
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Stories/Levels: One
- Stories Description: One
- Year Built: 1913
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.1997
- Lot Size Source: Assessor
- Lot Description: No Sprinklers
Listed by Compass, Shanshan Lin and Compass, Vance Weisbruch
Sold by Berkshire Hathaway Home Services Golden Properties, Aline Kharajian
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Schools
Schools serving 261 N Oak Ave Ave
School District:Pasadena Unified School District
| Name | Grades | Distance |
|---|---|---|
Hamilton Elementary School, Pasadena, CA 2089 Rose Villa Street, Pasadena, CA 91107 | K-5 | 0.7 mi |
McKinley School 325 South Oak Knoll Avenue, Pasadena, CA 91101 | K-5 | 1.8 mi |
Pasadena High School 2925 East Sierra Madre Boulevard, Pasadena, CA 91107 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 261 N Oak Ave Ave
Date
Details
Price
Change
Source
9/23/2026
Sold
$1,300,000
1.56%
MLS
8/25/2026
Listed
$1,280,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
261 N Oak Ave Avenue, Pasadena, CA (MLS# P1-28594) is a Multi-Family property that was sold at $1,300,000 on September 23, 2026. Want to learn more about 261 N Oak Ave Avenue? Do you have questions about finding other Multi-Family real estate for sale in Pasadena? You can browse all Pasadena real estate or contact a Coldwell Banker agent to request more information.

