329 Pasadena Avenue
South Pasadena, CA, 91030
$1,250,000
4 Beds
4 Baths
1,660 SqFt
0.16 Acres
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This charming duplex, located at 329 &#38' 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.

Property Details

Price:
$1,250,000
MLS #:
SW24218961
Status:
Active Under Contract
Beds:
4
Baths:
4
Address:
329 Pasadena Avenue
Type:
Single Family
Subtype:
Duplex
Neighborhood:
658sopasadena
City:
South Pasadena
Listed Date:
Oct 7, 2024
State:
CA
Finished Sq Ft:
1,660
ZIP:
91030
Lot Size:
6,961 sqft / 0.16 acres (approx)
Year Built:
1923
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