$1,250,000
Accepting Backup Offers

329 Pasadena Avenue

South Pasadena, CA 91030
1660 sqft | 4 beds | 4 baths | 0.16 acres | #SW24218961
Listing OfficeRevel Real Estate
Browse 15 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

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.

  • Interior Details
      • Bedrooms4
      • Bathrooms4
      • Full Baths4
  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre
      • ViewNeighborhood
      • Stories1
    • Measurements
      • Acres0.1598
      • Square Feet1660
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1923
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • School DistrictSouth Pasadena
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,250,000
  • Other
      • MLS #SW24218961

Location

RayBon MortgageReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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