new - 6 days on rocket

329-3291/2 Pasadena Ave, South Pasadena, CA, 91030

$1,250,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths
1,660 SqFt
$753/SqFt
Multi

Location

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329-3291/2 Pasadena Ave, South Pasadena$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1923
CoolingWall/Window Unit(s)
FireplaceNone
ViewNeighborhood
MLS #SW24218961
Lot Size0.16 Acres
StatusActive

About 329-3291/2 Pasadena Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 1
  • Living Area: 1,660 SqFt

Listing Office:

  • Office Name: Revel Real Estate
  • Office Email: mikeonyemaobi@gmail.com
  • Listing Agent: Michael Onyemaobi

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Take 110 North, exit Orange Grove, right on Orange Grove, left on Pasadena Ave. Destination on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $753/SqFt
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Housing Market Comparison

See how this home compares to others in South Pasadena, CA.

Med. Sold Price

$1.6M

Med. Price/SqFt

$882

Avg. Days On Market

28

# of Sold Homes

12

329-3291/2 Pasadena Ave vs South Pasadena

6 DAYS ON ROCKET

-22 Days

$1,250,000

-$380K Less

$753/SqFt

-$130 Less

KEY TAKEAWAY

This property is $380K less than the Median Sold Price and $130/SqFt less than other homes in South Pasadena, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SW24218961

Listing Office:

  • Office Name: Revel Real Estate
  • Office Email: mikeonyemaobi@gmail.com
  • Listing Agent: Michael Onyemaobi

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-393162
8
/10
  • Arroyo Vista Elementary School

  • 335 El Centro St

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-393163
7
/10
  • San Pascual STEAM Magnet

  • 815 San Pascual Ave

  • 0.51 miles

  • Public Magnet Grades KG-5

school-card-donut-393164
6
/10
  • Garvanza Elementary

  • 317 N Avenue 62

  • 0.68 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,077. The majority of South Pasadena, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountySouth Pasadena91030329-3291/2 Pasadena Ave

This home is located at 329-3291/2 Pasadena Ave in South Pasadena, CA and zip code 91030 in the The San Gabriel Valley neighborhood. This 1,660 square foot home, which was built in 1923, sits on a 0.16 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $1,250,000.

While more than 6 listings in South Pasadena, CA in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 4 were sold below. The inventory of homes for sale in South Pasadena, CA between September 2024 and October 2024 increased by 5.2%. In October 2024 median list price was $1,630,000 and the average listing age was 28 days.

From Rocket Homes Real Estate and based on county public records data.

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