South Pasadena, CA 91030,329 Pasadena Avenue
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South Pasadena, CA 91030,329 Pasadena Avenue
South Pasadena, CA 91030,329 Pasadena Avenue
South Pasadena, CA 91030,329 Pasadena Avenue
South Pasadena, CA 91030,329 Pasadena Avenue
Listed by Michael Onyemaobi • Revel Real Estate

$1,250,000

Est. payment /mo

$1,250,000

Est.Price: ?

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329 Pasadena Avenue South Pasadena, CA 91030

4 Beds

4 Baths

1,660 SqFt

SOLD DATE : 12/24/2024

Key Details

Sold Price $1,250,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 1,660 sqft

Price per Sqft $753

MLS Listing ID SW-24218961

Sold Date 12/24/24

Bedrooms 4

Full Baths 4

Year Built 1923

Lot Size 6,961 Sqft

Property Description

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.

Location

State CA

County Los Angeles

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

Building

Lot Description 2-5 Units/Acre

Sewer Public Sewer

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Nicole Van Parys & Gary Nesen

Nicole Van Parys & Gary Nesen

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Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors | License ID: 01108944

+1(805) 795-1880

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