329 -329 1/2 Pasadena AVE Active Save Request In-Person Tour Request Virtual Tour
South Pasadena,CA 91030
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
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
Ensuite Laundry Inside
Interior
Laundry Location Inside
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