329 Pasadena Avenue South Pasadena, CA 91030

Duplex Residence

4 Beds

4 Baths

1,660 Sq. Ft.

0.16 Acre Lot

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Last updated on 12/3/2024 9:01 AM

Listing Details

This charming duplex, located at 329 & 329 Â½ 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, totalin...g 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. Continue reading

MLS#

CRSW24218961

Property Type

Duplex

Bedrooms

Bathrooms

4 Full

Year Built

1923

Square Feet

1,660 sq. ft

Lot Size