Listed by Wei Wang of RE/MAX CHAMPIONS (626-427-5886)

Listing Sold by None MRML
Charming Craftsman with Bungalow Guest House on Oversized Lot - Zoned for Multi-Unit Potential Located on a picturesque tree-lined street, this beautifully maintained property sits on a spacious 8,800 sq ft lot and is zoned for up to 5-6 units (buyer to verify all development possibilities directly with the city). A rare opportunity for investors, developers, or owner-users seeking rental income or extended family living. Seller will provide previously city-approved plans upon accepted offer. The front home is a classic two-story Storybook Craftsman built in 1930, full of character and curb appeal. It features 3 bedrooms, a bolted foundation, and includes a detached center structure offering a bonus room/office and an additional storage area. A private yard connects the front home to this space, making it ideal for a creative studio or remote work setup. The rear home is a charming 2-bedroom bungalow with updated kitchen and bathroom, hardwood floors, stainless steel appliances, and its own large, grassy private yard-perfect for entertaining or relaxation. Additional features include: Stainless steel appliances in both units Plenty of on-site parking including a carport Fully occupied with solid rental income, but can be delivered vacant Prime Pasadena location near Lake Ave, PCC, Caltech, Old Town, The Paseo, and the 210 Freeway. A true investor's delight or a perfect setup for multigenerational living. Don't miss this rare, versatile, and income-generating gem you can't effort to miss!

Listing Tools (detailViewNewGen)

Property Details of 265 N Mar Vista Avenue

Property Details

Exterior Features

Map Location

Based on information submitted to CRMLS as of May 23, 2026 10:20 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Seven Gables Real Estate. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.