329 Pasadena Avenue Save Request In-Person Tour Request Virtual Tour
South Pasadena,CA 91030
Key Details
Property Type Commercial
Sub Type Duet
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,660 sqft
Price per Sqft $753
MLS Listing ID CRSW24218961
Bedrooms 4
Full Baths 4
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 Listing
Zoning SPR3
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Inside
Exterior
Pool None
View Y/N true
View Other
Building
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
School District South Pasadena Unified