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329 Pasadena AVE
$1,250,000

329 Pasadena AVE

4 Beds 4 Baths 1,660 Sq.Ft.

Description

This charming duplex, located at 329 & 329 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 $3,000,000, with significant potential for future density development. Current rent: 329.5 Pasadena Ave - $2,250 329. Pasadena Ave - (vacant) Projected rent: (830 sq ft x $3.80) 329.5 Pasadena Ave - $3,154 329. Pasadena Ave - $3,154 Total projected $6,308

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Location

329 Pasadena AVE, SOUTH PASADENA, CA 91030

Status

Coming Soon
Michael  Onyemaobi

Michael Onyemaobi

TITLE

Realtor®

John  Campbell

John Campbell

TITLE

Realtor®

Property Amenities

Interior
Laundry room Inside
Fireplace None
Total Bedrooms: 4
Full Bathrooms: 4
Area & Lot
Lot Area 6,961 Sq.Ft.
Living area 1,660 Sq.Ft.
MLS® ID SW24218961MR
Year Built 1923
School District South Pasadena
Type Multi-Family
Status Coming Soon
Exterior
Stories 1
Pool None
Air conditioning Wall/Window Unit(s)
Water Source Public
Sewer Public Sewer
Finance
Sales Price $1,250,000

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