329 -329 1/2 Pasadena Avenue

South Pasadena, CA 91030 Active Under Contract for $1,250,000
 


Beds: 4  Baths: 4  Structure Size: 1,660 sqft  Lot Size: 6,961 sqft


Property Facts
MLS SW24218961
Year Built 1923
Property Type Duplex
County Los Angeles
Status Active Under Contract
Active Under Contract $1,250,000
Structure Size 1,660 sqft
Lot Size 6,961 sqft
Beds 4
Baths 4

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.

Listing information courtesy of: Michael Onyemaobi, Revel Real Estate 951-445-6981. *Based on information from the Association of REALTORS/Multiple Listing as of 11/24/2024 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.


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