NOT LISTED FOR SALE
10 Beds
7 Baths
4,228 Sq Ft
0.26 Acres Lot

Sale Details

Date Sold: November 21, 2024

Last sale price $1,750,000 $414 Per Sq Ft

87 Days on Market

Highlights

  • Laundry Room
  • Pasadena High School Rated A
  • 5-minute walk to Jefferson Park

About This Home

As of November 2024

Discover a highly desirable investment opportunity at 429 N Hill Ave, Pasadena. This 7-unit property features a versatile mix of units, including four 1-bedroom, 1-bathroom apartments (one of which will be delivered vacant), a spacious 2-bedroom unit, an expansive 4-bedroom unit, and a convenient studio apartment. Located in close proximity to the 210 freeway, the Gold Line train station, Pasadena City College, Old Town Pasadena, and downtown Los Angeles, this property is ideally situated for a wide range of tenants. The strategic location, diverse unit mix, and low maintenance requirements make this property a perfect investment for those seeking consistent rental demand. Don't miss this chance to own a prime piece of Pasadena real estate.

Last Agent to Sell the Property

Alexandra Parra Rivera

CENTURY 21 REALTY MASTERS Brokerage Phone: 323-482-0705 License #01763911 Listed on: 08/03/2024

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Alexandra Parra Rivera

CENTURY 21 REALTY MASTERS Brokerage Phone: 323-482-0705 License #01763911 Listed on: 08/03/2024

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 11,418 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 1 Car Garage
  • 3 Carport Spaces

Home Design

  • 4,228 Sq Ft Home
  • Apartment
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Additional Features

  • Laundry Room
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 5739001055
  • $1,288 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 7 Units
  • 22-Story Property

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0.26 Acres

Parking

1

Listing Details

  • Property Attached: Yes
  • Zoning: PSR4
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5739001055
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Stories: 22
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 413.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11418.00
  • Lot Size Acres: 0.2621

Multi Family

  • Lot Size Area: 11418.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 7
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4623.01
  • Tax Lot: 30
  • TaxOtherAnnualAssessmentAmount: 1288.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2024 11/21/24 Sold $1,750,000 -12.5% $414 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
08/03/2024 08/03/24 For Sale $1,999,900 +2.7% $473 / Sq Ft
01/27/2017 01/27/17 Sold $1,946,700 +5.2% $460 / Sq Ft View Prior Sale
01/17/2017 01/17/17 Pending -- -- --
12/15/2016 12/15/16 For Sale $1,850,000 -- $438 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $25,765 $1,750,000 $950,000 $800,000
2024 $25,765 $2,233,315 $1,338,872 $894,443
2023 $25,548 $2,189,525 $1,312,620 $876,905
2022 $24,661 $2,146,594 $1,286,883 $859,711
2021 $23,646 $2,104,504 $1,261,650 $842,854
2019 $22,585 $2,025,906 $1,316,106 $709,800
2018 $22,979 $1,986,194 $1,290,300 $695,894
2016 $10,825 $886,021 $562,813 $323,208
2015 $10,706 $872,714 $554,360 $318,354
2014 $10,528 $855,619 $543,501 $312,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB24160091

California Regional Multiple Listing Service (CRMLS)
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