Description for
429 N Hill AvenuePasadena, CA 91106
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!
Price
$2,000,000
Los Angeles
4,228 (approx)
MB24032711
Active
Description
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!
Listing Information
Property Type: Multi-Family, Business Opportunities, 2 Story
0.26 Acres
Assessor
4,228 (approx)
1959
2
Public
Neighborhood
Room Information
Outside
Exterior / Lot Features
0 Covered Parking Spaces,
Driving Directions
Exit Hill Ave. - Turn right if you are going West.
Financial Considerations
5739001055
Listing Price History
Pasadena Real Estate
Pasadena is located in California.
Pasadena, California 91106 has a population of 141,907.
The median household income in Pasadena, California 91106 is
$89,645.
The median household income for the surrounding county is $73,262
compared to the national median of $66,222.
The median age of people living in Pasadena 91106 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
Street Address
City
Beds
Baths
Sold Price
Sold Date
No information is available for recently sold properties within this search.