This is golden real estate - Not difficult to make $200,000 + DAMN ITS GONE

[Jason Meissner]

This location is amazing and you can easily add the square footage to get over 2 million at the sale after the remodel. The home next door just went $300,000 over asking. This is a good example of getting in and out in 8 months with more than $200,000 in profit. If your permitting is straight forward Pasadena is a good place to work.

Building for value add rental prospects could be even better. It is a location where you can get very long term high rents. Design your own value add project. Rent it out standard or to short term to tourists, hospitals near the property and an area where people go to retire. Walk to down town Pasadena and the Rose Bowl. 

I'm uninvolved in any way. This is my area and I like it. 

https://www.zillow.com/homedetails/149-California-Ter-Pasade...

The remodeled house next door went off market in 10 days and sold at $2.7mil and $300,000 over asking price: https://www.zillow.com/homedetails/161-California-Ter-Pasade...