325 327 1/2 Pasadena Avenue

South Pasadena, CA 91030

  • 5 Bed(s)
  • 5 Bath(s)
  • 3,672 Sqft
  • 17468
    Sqft(Lot)
$1,950,000

Description

Pasadena avenue presents an exceptional investment opportunity with a diverse mix of units, two of which will be delivered vacant, allowing for immediate rent increases or owner-occupancy options. the property features a total of four units, including a primary house at 327 pasadena avenue, a 2-bedroom, 2-bathroom unit spanning 1,535 sq. ft. and currently occupied. the remaining three units include:



a front-facing 1-bedroom, 1-bathroom unit at 325 pasadena avenue (737 sq. ft.)

a rear 1-bedroom, 1-bathroom unit at 325 ½ pasadena avenue (700 sq. ft.)

a 1-bedroom, 1-bathroom unit at 327 ½ pasadena avenue (700 sq. ft.)

this property is competitively priced, with projected rents based on market rates of $2.50 to $3.86 per sq. ft. the four-unit property has a total price of $1,950,000, reflecting a strong investment with potential for rental growth.



when combined with the adjacent duplex, the total asking price for both properties is $3,200,000, offering a unique opportunity for future density development on a 0.56-acre lot with 150 feet of frontage. given the spr310000 zoning, there is significant potential for maximizing the unit count through entitlements and higher-density​​‌​​​​‌​​‌‌​‌‌​​‌​​​‌​‌​​‌‌​‌​‌ development.

  • Property Type

    Residential

  • County

    Los Angeles

  • Style

    Residential

  • AD ID

    47586065

Sell a home like this and save $116,501 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Bedroom Information

    • Total Bedrooms : 5

    Bathroom Information

    • Total Baths: 5
    • Full Baths: 5

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1930

    Pool Features

    • None

    Laundry Features

    • Inside

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.401
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 17468

  • Listing Price Information

    • Original List Price: 1,950,000
    • Listing Contract Date: 2024-10-07

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5313012003

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 658 - So. Pasadena
    • Postal Code Plus 4: 2904
    • Directions: Take 110 North, exit Orange Grove, right on Orange Grove, left on Pasadena Ave. Destination on the left.
    • Zoning: SPR310000*
    • Source Property Type: Residential
    • Area: 658 - So. Pasadena
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 94
    • Common Walls: No Common Walls
    • Structure Type: Quadruplex
    • Year Built Source: Public Records
    • Total Square Feet Living: 3672
    • Entry Level: 1
    • Entry Location: 1
    • Levels or Stories: One
    • Building Total Stories: 1
    • Structure Type: Quadruplex
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Message allows only 500 character
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

BuyOwner last updated this listing 11/16/2024 @ 21:47

  • MLS: SW24220453
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 bedrooms which is for sale, it has 3,672 sqft, 17,468 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of South Pasadena , in zip code 91030, this Los Angeles County Home , it is in the Not Applicable Subdivision, are nearby neighborhoods.