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Key Details
Sold Price $1,750,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MB24160091
Sold Date 11/21/24
HOA Y/N No
Year Built 1959
Lot Size 0.262 Acres
Property Description
Discover a highly desirable investment opportunity at 429 N Hill Ave, Pasadena. This 7-unit property features a versatile mix of units, including four 1-bedroom, 1-bathroom apartments (one of which will be delivered vacant), a spacious 2-bedroom unit, an expansive 4-bedroom unit, and a convenient studio apartment. Located in close proximity to the 210 freeway, the Gold Line train station, Pasadena City College, Old Town Pasadena, and downtown Los Angeles, this property is ideally situated for a wide range of tenants. The strategic location, diverse unit mix, and low maintenance requirements make this property a perfect investment for those seeking consistent rental demand. Don't miss this chance to own a prime piece of Pasadena real estate.
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Zoning PSR4
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 1.0
Carport Spaces 3
Garage Description 1.0
Pool None
Community Features Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Story 22
Sewer Unknown
Water Public
New Construction No
Others
Senior Community No
Tax ID 5739001055
Acceptable Financing Cash, Conventional, Court Approval, Fannie Mae, Freddie Mac
Listing Terms Cash, Conventional, Court Approval, Fannie Mae, Freddie Mac
Financing Cash
Special Listing Condition Third Party Approval, Probate Listing
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Bought with ALEXANDRA PARRA RIVERA • CENTURY 21 REALTY MASTERS