429 Hill Avenue, Pasadena

$2,000,000

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0 Bed
0 Bath
.26 Acre
0 Garage

Welcome to this exceptional 7-unit property nestled in the beautiful city of Pasadena! Located conveniently close to Pasadena City College, the 210 freeway, shops, and restaurants, this property offers an unparalleled opportunity for both investors and residents alike.



The property features a diverse mix of units, catering to various needs and preferences. The main building comprises a spacious 4-bedroom, 2-bathroom, and studio unit, perfect for an investor looking to maximize his profits. In the second building, you'll find four charming apartments, each unit 1 bedroom and 1 bathroom. One of the units will be delivered vacant, presenting an excellent opportunity for immediate rental at market rents, maximizing potential income for the new owner.



The property's proximity to Pasadena City College makes it an attractive option for students and faculty seeking convenient housing options. The nearby 210 freeway offers easy access to surrounding areas, making commuting a breeze. Surrounded by shops, restaurants, and amenities, residents will enjoy the vibrant lifestyle that Pasadena has to offer. Whether it's exploring the local dining scene, shopping at nearby boutiques, or enjoying outdoor activities in one of Pasadena's beautiful parks, there's something for everyone to enjoy in this charming city.



Don't miss out on the chance to own this unique 7-unit property in the heart of Pasadena. With its prime location, diverse unit mix, and income potential, it's an investment opportunity that won't last long. Schedule a viewing today and discover the endless possibilities of this remarkable property!

Essential Information

MLS® #
MB24032711
Price
$2,000,000
Bathrooms
0.00
Acres
0.26
Year Built
1959
Type
Commercial Sale
Sub-Type
Multi Family
Status
Active

Community Information

Address
429 Hill Avenue
Area
645 - Pasadena (NW)
City
Pasadena
County
Los Angeles
Zip Code
91106
Senior Community
N

Interior

# of Stories
2

Additional Information

Date Listed
February 15th, 2024
Days on Market
74

Listing Details

Agent
Alexandra Parra Rivera
Office
CENTURY 21 REALTY MASTERS
Property History
Price Reduced from $2,080,000 to $2,000,000
Price Reduced from $2,100,000 to $2,080,000

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Properties for Sale Similar to 429 Hill Avenue, Pasadena

Based on information from California Regional Multiple Listing Service, Inc. as of April 29th, 2024 at 1:30am PDT. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.