1601 Sinaloa Avenue, Pasadena, California 91104, Pasadena, 91104 - bed, bath

1601 Sinaloa Avenue, Pasadena, California 91104 home-pic-0
ACTIVE UNDER CONTRACT$1,220,000
1601 Sinaloa Avenue, Pasadena, California 91104
0Bed
0Bath
2,256Sqft
7,254Lot
Year Built
1946
Close
-
List price
$1.22M
Original List price
$1.26M
Price/Sqft
$541
HOA
-
Days on market
-
Sold On
-
MLS number
WS24136921
Home ConditionFair
Features
Patio
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $1.22M(34th), sqft - 2256(90th), beds - undefined(2th), baths - undefined(2th).

Move-In Ready Duplex with ADU Potential – Perfect for First-Time Buyers and Investors! This incredible property offers two vacant units at close of escrow, ready for immediate occupancy or rental! With eligibility to add an ADU (Accessory Dwelling Unit) in place of the carport, this is a fantastic investment opportunity. The front unit features a spacious living room with a cozy fireplace, three large bedrooms, a full bathroom, and a 3/4 bathroom. Enjoy the convenience of an updated kitchen with a dining area, and modern upgrades like a newer roof, copper plumbing, and central air and heat. The back unit is perfect for in-laws or rental income, offering a comfortable 1-bedroom setup with its own living room, kitchen, and full bathroom. Separate utility meters make renting easy and hassle-free. Additional highlights include a two-car carport, a large concrete patio, and an unbeatable location just steps from the bus stop, grocery stores (Stater Bros.), Wells Fargo, and Starbucks. This property is a rare find—ideal for first-time home buyers looking to live in one unit and rent the other. Don't miss out on this prime opportunity!

Condition Rating
Fair

The property was built in 1946. The listing mentions an updated kitchen in the front unit, newer roof, copper plumbing, and central air and heat, suggesting some updates. However, the bathrooms appear dated in the images. Given the age and partial updates, a 'Fair' condition score is appropriate. It needs minor updates.
Pros & Cons

Pros

Income Potential: The property features two vacant units and ADU potential, offering immediate rental income opportunities and future expansion possibilities.
Updated Features: The front unit boasts modern upgrades including a newer roof, copper plumbing, and central air and heat, enhancing its appeal and reducing immediate maintenance concerns.
Prime Location: The property is conveniently located near public transportation, grocery stores, and other amenities, increasing its desirability for both residents and renters.

Cons

Year Built: Built in 1946, the property may require ongoing maintenance and potential upgrades to meet modern standards.
Lot Size: The lot size of 7,254 sqft, while adequate, might limit extensive outdoor renovations or expansions beyond the ADU potential.

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