Know someone buying a home?
Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
14
Photos
325 Pasadena Avenue, South Pasadena, CA 91030
$1,950,000 Asking Price
$---/mo Est. Payment Get Prequalified »
5
beds
5
baths
3,672
sqft
Built in
1930
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 Pasadena Avenue (700 sq. ft.) A 1-bedroom, 1-bathroom unit at 327 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.
Features & Amenities
Interior
- Laundry:
- Inside
- A/C:
- Wall/Window
- Fireplace:
- N/K
Exterior
- Pool:
- None
- Parking:
- Parking spaces: 0
Construction
- General:
- 1 Story
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- California Regional MLS
- County:
- Los Angeles
Lot
- Zoning:
- SPR310000*, 5313012003
- View:
- Neighborhood,Trees/Woods
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- California Regional MLS
This listing courtesy of:
Revel Real Estate, Michael Onyemaobi
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
Powered by
Ready to get started? Get prequalified »
About South Pasadena, CA
Housing
- Number of Units
- 10,814
- Median Home Value
- $1,041,426
- Median Rent
- $1,769
51.18% of housing units are renter occupied.
4.96% are vacant.
Commute
- Car
-
53.11%
- Public Transportation
-
3.72%
- Walk to Work
-
1.88%
- Work from Home
-
39.24%
- Other
-
0.35%
The median travel time to work is 21 minutes.
People
- Population
- 26,653
- Median Age
- 40.10
- Median Household Size
- 2.84
Education
- High School
-
6.56%
- Associate’s Degree
-
7.49%
- Bachelor’s Degree
-
35.72%
- Graduate Degree
-
35.39%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
Similar Homes
Interested in this home?
Request more information: