South Pasadena, CA 91030,329 Pasadena Avenue
South Pasadena, CA 91030,329 Pasadena Avenue
South Pasadena, CA 91030,329 Pasadena Avenue
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

$1,250,000

Est.Price: ?

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Est. payment /mo

4 Beds

4 Baths

1,660 SqFt


SOLD DATE : 12/24/2024

Key Details

Sold Price $1,250,000

Property Type Townhouse

Sub Type Townhome

Listing Status Sold

Purchase Type For Sale

Square Footage 1,660 sqft

Price per Sqft $753

MLS Listing ID SW24218961

Sold Date 12/24/24

Style Townhome

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 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.
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 $3,200,000, with significant potential for future density development.

Location

State CA

County Los Angeles

Area South Pasadena (91030)

Zoning SPR310000*

Interior

Cooling Wall/Window

Laundry Inside

Exterior

View Neighborhood

Building

Lot Description Sidewalks

Story 1

Lot Size Range 4000-7499 SF

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Others

Monthly Total Fees $93

Acceptable Financing Cash, Conventional, Exchange, FHA

Listing Terms Cash, Conventional, Exchange, FHA

Special Listing Condition Standard

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San Diego Regional MLS (SDMLS)
Listed by Michael Onyemaobi • Revel Real Estate
Bought with Julia Zhao • Re/Max Elite Realty
agent-avatar

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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