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 

Bay East  ©2024 CCAR  ©2024. bridgeMLS  ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 3:18 PM UTC, 12/21/2024.

Powered byLuxury Presence