South Pasadena, CA 91030,329 Pasadena Avenue
South Pasadena, CA 91030,329 Pasadena Avenue
South Pasadena, CA 91030,329 Pasadena Avenue
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$1,250,000
Est. payment /mo
4 Beds
4 Baths
1,660 SqFt
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UPDATED:

11/22/2024 07:33 AM

Key Details

Property Type Commercial

Sub Type Duet

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,660 sqft

Price per Sqft $753

MLS Listing ID CRSW24218961

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1923

Lot Size 6,961 Sqft

Acres 0.1598

Property Description

This charming duplex, located at 329 & 329 ½ Pasadena Avenue, offers two spacious 2-bedroom, 2-bathroom units ideal for both investors and owner-occupants. Each unit features a well-appointed layout with a den, formal dining room, living room with in-unit laundry, and front and back patios, totaling 830 sq. ft. The second unit will be delivered vacant, providing flexibility for future leasing or owner-occupation. With a total building square footage of 1,660 sq. ft., this property is competitively priced at $1,250,000, reflecting $753 per square foot. Positioned near popular local attractions, shopping, and the coveted South Pasadena school district, this duplex offers a strong long-term investment with potential for rental income growth. Recent comps in the area suggest market rates for these units could range between $2.50 and $3.86 per sq. ft., presenting an opportunity for even higher returns in this sought-after neighborhood. Furthermore, both the duplex and the adjacent four-unit property can be combined for a total asking price of $3,200,000, with significant potential for future density development.

Location

State CA

County Los Angeles

Area Listing

Zoning SPR3

Interior

Interior Features Family Room

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Pool None

View Y/N true

View Other

Private Pool false

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One Story

New Construction No

Schools

School District South Pasadena Unified

Others

Tax ID 5313012002


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Bridge MLS
Listed by Michael Onyemaobi • Revel Real Estate

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Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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329 Pasadena Avenue