Est. cap rate

1.6%

Assumed rent, all units

$5,580/mo

Units

2

Price per unit

$1,068,400

Est. annual NOI

$33,480

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

2,668 sqft

Lot size

6,844 sqft

Year built

2026

Stories

1

Garage spaces

0

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

57

MLS #

245343261

About this property

Rare opportunity to own two like-new permitted residences offering approximately 2,668 SF of total living space on a 6,844 SF lot in Pasadena! Welcome to 3736 & 3738 Blanche Street, an exceptional property featuring a brand-new ground-up 2026-built permitted ADU and a studs-out rebuilt, expanded, and fully renovated front residence. Whether you're seeking a multi-generational family compound, the opportunity to live in one and rent the other, or a turnkey investment, this property offers exceptional flexibility and long-term value. The front residence (3738) was originally approximately 1,068 SF and has been expanded with permits to approximately 1,468 SF. It underwent an extensive studs-out reconstruction featuring a new roof, central HVAC, plumbing, electrical, windows, insulation, drywall, designer kitchen, remodeled bathrooms, premium flooring, lighting, doors, and modern finishes throughout. The rear residence (3736) is a brand-new approximately 1,200 SF permitted ADU, completed in 2026, featuring an open-concept floor plan, designer kitchen, central HVAC, owned solar panels, and a residential fire sprinkler system. Additional highlights include individually metered electric, gas, and water services for each residence, new vinyl fencing, low-maintenance landscaping, and the original swimming pool professionally removed with permits to create additional usable outdoor space. Thoughtfully rebuilt and improved with permits, this property offers the rare opportunity to enjoy two like-new residences with modern building systems and low-maintenance improvements. Each residence is individually metered for electricity, gas, and water, providing maximum flexibility for independent living, tenant billing, and long-term investment management. Ideal for extended families, rental income, guest accommodations, or multigenerational living, this versatile property is truly move-in ready with virtually every major component newly constructed or extensively upgraded. Ideally located near Old Town Pasadena, Caltech, Pasadena City College, The Huntington Library, shopping, dining, parks, Metro stations, and major freeways, offering outstanding convenience and lifestyle. Properties offering two like-new permitted residences with individually metered utilities rarely become available in Pasadena. Don't miss this exceptional opportunity! ** SELLER MAY CONSIDER TO CARRY THE LOAN. CALL FOR DETAILS.

Location

3738 Blanche

Pasadena, Los Angeles, CA, 91107