329 -329 1/2 Pasadena AVE Contingent

South Pasadena,CA 91030

$ 1250000

4 Beds

4 Baths

1660 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Contingent

Purchase Type For Sale

Square Footage 1,660 sqft

Price per Sqft $753

MLS Listing ID CRSW24218961

Bedrooms 4

Full Baths 4

Originating Board California Regional MLS

Year Built 1923

Lot Size 6,961 Sqft

Property 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.

Location

State CA

County Los Angeles

Area 658 - So. Pasadena

Zoning SPR310000*

Rooms

Family Room Other

Interior

Cooling Window / Wall Unit

Fireplaces Type None

Laundry Other

Exterior

Pool None

View Local/Neighborhood

Building

Story One Story

Water District - Public

Others

Tax ID 5313012002

Special Listing Condition Not Applicable ,Accepting Backups

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