CA > South Pasadena
South Pasadena, CA 91030,329 -329 1/2 Pasadena AVE
South Pasadena, CA 91030,329 -329 1/2 Pasadena AVE
South Pasadena, CA 91030,329 -329 1/2 Pasadena AVE
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$1,250,000
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4 BD
4 BA
1,660 SqFt
Active Under Contract

329 -329 1/2 Pasadena AVE South Pasadena, CA 91030

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Jerry And Rachel Team Hsieh

Jerry And Rachel Team Hsieh

+1(424) 242-8856

UPDATED:

11/22/2024 04:29 AM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,660 sqft

Price per Sqft $753

MLS Listing ID SW24218961

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1923

Lot Size 6,960 Sqft

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.

Location

State CA

County Los Angeles

Area 658 - So. Pasadena

Zoning SPR310000*

Rooms

Main Level Bedrooms 2

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Pool None

Community Features Biking, Dog Park, Golf, Park, Sidewalks

View Y/N Yes

View Neighborhood

Private Pool No

Building

Lot Description 2-5 Units/Acre

Dwelling Type Duplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District South Pasadena

Others

Senior Community No

Tax ID 5313012002

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Conventional, 1031 Exchange, FHA

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Michael Onyemaobi • Revel Real Estate • mikeonyemaobi@gmail.com

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Jerry And Rachel Team Hsieh

Owner/Director of Sales | License ID: 01701809

+1(424) 242-8856

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329 -329 1/2 Pasadena AVE

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