301 N Hudson Avenue

Description

Corner multifamily property with 180 ft deep lot – ideal for high-income production as-is, or unlock its potential with high-density urban housing under favorable zoning! Prime investment opportunity that blends historic charm with modern convenience. This unique property features six updated units across two tri-plex buildings, all meticulously maintained to preserve their Craftsman style. Each unit has been thoughtfully updated while retaining the timeless Craftsman aesthetic. The property includes one spacious 2-bedroom unit, three comfortable 1-bedroom units, and two efficient studio units. With a total of six bathrooms and separate laundry for each unit, this versatile property is currently fully rented, providing a steady income stream. Investors will appreciate the excellent condition of the buildings, ensuring minimal maintenance and maximum return. Additionally, there's significant development potential, with the potential to build a multi-story residential building on the lot, offering further investment opportunities. Located in the heart of Pasadena, this property offers convenient access to local amenities, dining, and cultural attractions. The blend of historical charm and modern updates makes this an exceptional investment in a desirable area. Don't miss out on this rare opportunity to own a piece of Pasadena's architectural heritage with promising future development prospects. Contact us today to schedule a viewing and explore the endless possibilities that 301 North Hudson Avenue has to offer.

Listing information courtesy of: Amy Pace, The Agency . *Based on information from the Association of REALTORS/Multiple Listing as of 11/13/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.