Excellent opportunity for investors and owner-users. RM-16 zoning allows multi-family housing for at least 2 homes (buyer to verify). The existing property consists of a charming 1 bedroom, 1 bath bungalow-style home featuring approximately 624 sqft of comfortable living space on an expansive 8,004 sqft lot. Ideally situated close to Caltech and within walking distance of PCC, this residence offers exceptional access to local education, shopping, dining, and some of Pasadena’s most sought-after destinations, a rare find with high-growth redevelopment potential.