[[800]]1210 Wafer St unit4 is listed for sale at 599,000. The Multi-Family - Fourplex property has 0 bedroom, 4766 square feet, and was built in 1971. The lot size is 17010 Square feet.[[500]]HIGH-YIELD VALUE-ADD 4-PLEX IN PASADENA - ALREADY SECTION 8 APPROVED Purchase through a (QOF) Incredible opportunity to acquire a cash-flowing Pasadena 4-plex positioned for an immediate equity push. Currently managed by a long-term, mom-and-pop owner, the asset is primed for a strategic investor to step in and capture massive operational upside. By implementing a Ratio Utility Billing System (RUBS), a new owner can wipe out 7,200 in annual owner-paid utilities, transferring that value straight to the bottom line. Skip the red tapethe property is already approved for the Section 8 program, making it a turnkey transition for a high-performing voucher portfolio. Aligning the units with local Housing Choice Voucher limits (1,260 for 2-beds / 1,700 for 3-beds) unlocks a robust 71,040 gross annual income. Priced to deliver a highly competitive 7.5 Cap Rate upon optimization, this asset perfectly blends immediate government-backed income stability with premier value-add potential.