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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.
Last Updated | 11/21/2024 | Year Built | 1923 |
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Community | So. Pasadena | County | Los Angeles |
SCHOOLS
School District | South Pasadena |
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Additional Details
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | So. Pasadena |
HOA DUES | 0 |
LOT | 6961 sq ft |
LOT DESCRIPTION | 2-5 Units/Acre |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 1 |
VIEW | Yes |
VIEW DESCRIPTION | Neighborhood |
WATER | Public |
ZONING | SPR310000* |
Location
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