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
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4 BD
4 BA
1,660 SqFt
Active

329 Pasadena Avenue South Pasadena, CA 91030

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UPDATED:

11/08/2024 03:03 PM

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 1,660 sqft

Price per Sqft $753

MLS Listing ID SW24218961

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


San Diego Regional MLS (SDMLS)
Listed by Michael Onyemaobi • Revel Real Estate

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Damon Cuccia

Broker Associate, REALTOR®, ABR, MRP | License ID: 01422266

+1(619) 370-3777

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329 Pasadena Avenue