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

$1,250,000

Est. payment /mo
Est.Price: ?

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

4 Beds

4 Baths

1,660 SqFt

SOLD DATE : 12/24/2024

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,660 sqft

Price per Sqft $753

MLS Listing ID SW24218961

Bedrooms 4

Full Baths 4

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*

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Laundry Inside

Exterior

Pool None

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

View Y/N Yes

View Neighborhood

Building

Lot Description 2-5 Units/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Schools

School District South Pasadena

Others

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Conventional, 1031 Exchange, FHA

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Michael Onyemaobi • Revel Real Estate • [email protected]
Bought with Julia Zhao • Re/Max Elite Realty

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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