301 N Hudson Ave Pasadena, CA 91101
Playhouse Village NeighborhoodHighlights
- Laundry Room
- Detached Carport Space
- 5-minute walk to Lake Avenue Station
About This Home
301-303 North Hudson Avenue represents a rare opportunity to acquire a well-located multifamily asset in one of Los Angeles County's most desirable and supply-constrained rental markets. Situated in a strong Pasadena neighborhood, the property offers investors durable cash flow, stable tenancy, and long-term appreciation potential supported by exceptional market fundamentals. The property consists of six (6) residential units with a desirable and diversified unit mix, appealing to a broad tenant base: 1 Studio (Non-Conforming), 1 Studio + Loft, 3 One-Bedroom/ One-Bathroom Units, 1 Two-Bedroom/ One-Bathroom Unit. Located just minutes from Old Town Pasadena, the property benefits from immediate proximity to one of the region's most vibrant employment, retail, and lifestyle hubs. Tenants enjoy access to high-end dining, boutique shopping, entertainment venues, and cultural attractions, all of which drive consistent rental demand and support above-average rent growth. The surrounding area is characterized by tree-lined residential streets, historic charm, and limited new multifamily development, creating a high barrier to entry for competing supply. Pasadena's strong demographics, affluent renter base, and landlord-friendly rental dynamics further enhance the investment profile. The property is strategically positioned near major employment anchors including Caltech, Pasadena City College, Huntington Hospital, and the Jet Propulsion Laboratory (JPL), which provide a stable and diverse tenant pool. Convenient access to the 210 and 134 freeways, as well as nearby Metro transit options, ensures strong regional connectivity throughout Greater Los Angeles. 301-303 N Hudson Ave offers investors a compelling combination of location-driven demand, attractive unit mix, and long-term upside in a proven Pasadena submarket with a history of strong rent performance and asset appreciation.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 9,358 Sq Ft Lot
Interior Spaces
- 4,248 Sq Ft Home
- 2-Story Property
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 7 Parking Spaces
- Detached Carport Space
- Assigned Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
Community Details
- 2 Buildings
- 6 Units
Listing and Financial Details
- Assessor Parcel Number 5723-008-025
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,494 | $626,354 | $443,181 | $183,173 |
| 2024 | $8,494 | $614,074 | $434,492 | $179,582 |
| 2023 | $8,426 | $602,034 | $425,973 | $176,061 |
| 2022 | $8,168 | $590,230 | $417,621 | $172,609 |
| 2021 | $7,853 | $578,658 | $409,433 | $169,225 |
| 2019 | $7,589 | $561,996 | $397,290 | $164,706 |
| 2018 | $7,641 | $550,987 | $389,500 | $161,487 |
| 2016 | $7,323 | $529,113 | $374,376 | $154,737 |
| 2015 | $7,235 | $521,166 | $368,753 | $152,413 |
| 2014 | $7,122 | $510,958 | $361,530 | $149,428 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/16/2026 02/16/26 | For Sale | $2,185,000 | 0.0% | $514 / Sq Ft |
| 05/18/2017 05/18/17 | Rented | $2,150 | 0.0% | -- |
| 05/18/2017 05/18/17 | Under Contract | -- | -- | -- |
| 05/04/2017 05/04/17 | For Rent | $2,150 | +4.9% | -- |
| 09/09/2016 09/09/16 | Rented | $2,050 | 0.0% | -- |
| 09/09/2016 09/09/16 | Under Contract | -- | -- | -- |
| 08/18/2016 08/18/16 | For Rent | $2,050 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Individual Deed | $424,000 | First American Title Co | |
| Individual Deed | $315,000 | Old Republic Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $244,000 | Commercial | |
| Previous Owner | $244,000 | Commercial | |
| Closed | $97,000 | No Value Available |
Source: The MLS
MLS Number: 26653189
APN: 5723-008-025
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Ask me questions while you tour the home.