329 -329 1/2 Pasadena Avenue, South Pasadena, CA 91030
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Listed Price :
$1,250,000
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Beds :
4
-
Baths :
4
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Property Size :
1,660 sqft
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Year Built :
1923
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.
Interior Features
Laundry Information |
Location(s) |
Inside |
Bedroom Information |
Bedrooms |
4 |
Bathroom Information |
Bathrooms |
4 |
Interior Information |
Cooling Type |
Wall/Window Unit(s) |
Listing Information
Address |
329 -329 1/2 Pasadena Avenue |
City |
South Pasadena |
State |
CA |
Zip |
91030 |
County |
Los Angeles |
Listing Agent |
Michael Onyemaobi DRE #02179969 |
Co-Listing Agent |
John Campbell DRE #01969583 |
Courtesy Of |
Revel Real Estate |
List Price |
$1,250,000 |
Status |
Active Under Contract |
Type |
Residential |
Subtype |
Duplex |
Structure Size |
1,660 |
Lot Size |
6,961 |
Year Built |
1923 |
Listing information courtesy of: Michael Onyemaobi, John Campbell, Revel Real Estate. *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.