329 -329 1/2 Pasadena Avenue

South Pasadena, CA 91030

$1,250,000

List Price

4

bed Beds

4

shower Baths

1,660 sqft

straighten / sqft

1923

calendar_month Built

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.

Listing Information

List Price $1,250,000
Status Active Under Contract
MLS SW24218961
HOA $0
Type Residential
Subtype Duplex
Year Built 1923
Lot Size 6,961
Structure Size 1,660
DOM 13
Courtesy Of Revel Real Estate
Listing Agent Michael Onyemaobi DRE#02179969
Co-Listing Agent John Campbell DRE#01969583

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms 4
Total Bathroom
Bathrooms 4
Fireplace Information
Features None
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Michael Onyemaobi, John Campbell, Revel Real Estate 951-445-6981. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 22nd, 2024 at 4:29 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.