Sold
Closed
329 -329 1/2 Pasadena Avenue
South Pasadena CA, 91030
$1,250,000
$753.01 per sqft
Sold
Closed
4 Beds
4 Baths
1,660 sqft
Multi-family
Built in 1923
Listed by Michael Onyemaobi with Revel Real Estate [email protected]
This charming duplex, located at 329 & 329 1/2 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.
SW24218961
MLSⓇ ID
November 8, 2024
Listed
December 24, 2024
Updated
Map
329 -329 1/2 Pasadena Avenue
South Pasadena CA, 91030
Interior Features
Total Stories
1
Bedrooms
4
Total Bathrooms
4
Full Bathrooms
4
Laundry Description
Inside
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.16 Acres
Lot Features
2-5 Units/Acre
Sewer
Public Sewer
School Information
School District
South Pasadena
Other Property Details
Area Name
658 - So. Pasadena
Days on Market
12
Garage
No
Parking Total
0
View
Yes
View Description
Neighborhood
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
SPR310000*
Listing History
Date | Event | Price |
|---|---|---|
12/24/2024 | Sold | $1,250,000 |
Listing Contact: 310-717-5522
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/24/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/24/2024 at 6:48 PM UTC