Under contract
Active - Contingent
329 Pasadena Avenue
South Pasadena CA, 91030
$1,250,000
$753.01 per sqft
Under contract
Active - Contingent
4 Beds
4 Baths
1,660 sqft
Multi-family
Built in 1923
This charming duplex, located at 329 & 329 A 1/2 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.
CRSW24218961
MLSⓇ ID
October 22, 2024
Listed
December 21, 2024
Updated
Map
329 Pasadena Avenue
South Pasadena CA, 91030
Interior Features
Total Stories
1
Bedrooms
4
Total Bathrooms
4
Full Bathrooms
4
Interior Features
Family Room
Laundry Description
Inside
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.16 Acres
Sewer
Public Sewer
School Information
School District
South Pasadena Unified
Other Property Details
Area Name
South Pasadena
Association Amenities
Dog Park
Garage
No
Parking Total
0
View
Yes
View Description
Other
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
SPR3
Listing History
Date | Event | Price |
---|---|---|
11/22/2024 | Under contract | — |
Listed by Michael Onyemaobi with Revel Real Estate
Listing Contact: 951-445-6981
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