Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    325 Pasadena Avenue, South Pasadena, CA 91030
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    325 Pasadena Avenue
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    • MLS#: SW24220453 ( Quadruplex )
    • Street Address: 325 Pasadena Avenue
    • Viewed: 4
    • Price: $1,950,000
    • Price sqft: $531
    • Waterfront: No
    • Year Built: 1930
    • Bldg sqft: 3672
    • Bedrooms: 5
    • Total Baths: 5
    • Full Baths: 5
    • Days On Market: 77
    • Additional Information
    • County: LOS ANGELES
    • City: South Pasadena
    • Zipcode: 91030
    • District: South Pasadena
    • Provided by: Revel Real Estate
    • Contact: Michael Michael
    • California Regional MLS IDX
    • DMCA Notice
    • 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 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.
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    Features
    Assessments
    1. None
    Association Fee
    1. 0.00
    Commoninterest
    1. None
    Common Walls
    1. No Common Walls
    Cooling
    1. Wall/Window Unit(s)
    Country
    1. US
    Days On Market
    1. 39
    Fireplace Features
    1. None
    Garage Spaces
    1. 0.00
    Laundry Features
    1. Inside
    Levels
    1. One
    Living Area Source
    1. Assessor
    Lockboxtype
    1. None
    Lot Features
    1. 2-5 Units/Acre
    Parcel Number
    1. 5313012003
    Pool Features
    1. None
    Postalcodeplus4
    1. 2904
    Property Type
    1. Quadruplex
    School District
    1. South Pasadena
    Sewer
    1. Public Sewer
    View
    1. Neighborhood
    2. Trees/Woods
    Water Source
    1. Public
    Year Built
    1. 1930
    Year Built Source
    1. Public Records
    Zoning
    1. SPR310000*
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836