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Sold for $4,200,000
  • Listed by: Keller Williams Realty/Pasadena • KEVIN LUTZ • Contact: 626-204-3475
    Bought with: Keller Williams Realty/Pasadena
    $4,200,000

    231 S Hudson Ave, Pasadena, CA 91101

    12beds
    14baths
    8,716sqft
    Multi Family
    Built in 1954
    -- sqft lot
    $2,506,000 Zestimate®
    $482/sqft
    $2,597 Estimated rent

    Home value

    $2,506,000

    $1.95M - $3.18M

    $2,597/mo

    Zestimate® history
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    What's special

    Two-story garden-style buildingVinyl flooringNew electrical subpanelsGas heaters
    Introducing 231 S. Hudson Ave, situated in one of Pasadena's most desirable neighborhoods. This charming walk-up building with 14 units offers a fantastic opportunity for investors seeking quality assets in premier locations. With an impressive Walk Score of 96, this location is a true Walker’s Paradise® for pedestrians, making it attractive to both investors and tenants alike. The property has been meticulously maintained and comprises 2 studios and 12 one-bedroom units. Unit interiors are outfitted with wall air conditioning, gas heaters, carpet and vinyl flooring, gas stoves/ovens, refrigerators, and garbage disposals. The one-bedroom units also feature a cozy dinette area. This two-story garden-style building rests on a concrete slab foundation and boasts a central courtyard. It offers a total of 8 parking spaces, all 8 detached carports. Recent upgrades include new electrical subpanels in August 2021 and copper re-piping (excluding the main lines) in January 2022. For added convenience, there is a shared laundry room equipped with two washers and two dryers owned by the building. The units are separately metered for gas and electric, each with individual hot water heaters. The owner pays for water, sewer, trash, as well as common area gas and electric. The subject property is subject to the newly passed rent control initiative Measure H in the city of Pasadena

    Zillow last checked:

    Listing updated:

    Listed by:

    KEVIN LUTZ DRE #00925595 626-204-3475,

    Keller Williams Realty/Pasadena

    Bought with:

    KEVIN LUTZ, DRE #00925595

    Keller Williams Realty/Pasadena

    KEVIN HURLEY, DRE #01237798

    Keller Williams Realty/Pasadena

    Source: CRMLS,MLS#: WS23093966MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 14
    Heating
    • Natural Gas
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Disposal, Gas Oven
    • Laundry: Common Area
    Features
    • Flooring: Carpet, Vinyl
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 8,716
    • Total interior livable area: 8,716 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport, Uncovered
    • Carport spaces: 8
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: front door
    • Pool features: None
    Lot
    • Size: 0.3 Acres
    • Features: Street Level
    Details
    • Parcel number: 5734026013
    • Zoning: PSR4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: Pasadena

    Financial & listing details

    • Price per square foot: $482/sqft
    • Date on market: 5/31/2023
    • Cumulative days on market: 14 days
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    8/9/2023Sold$4,200,000-4.5%$482/sqft
    Source: CRMLS #WS23093966 Report a problem
    6/16/2023Pending sale$4,400,000$505/sqft
    Source: CRMLS #WS23093966 Report a problem
    6/1/2023Listed for sale$4,400,000$505/sqft
    Source: CRMLS #WS23093966 Report a problem
    9/15/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    9/10/2021Listed for rent$1,500-3.2%
    Source: Zillow Rental Manager Report a problem
    4/20/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/14/2021Price change$1,550-1.6%
    Source: Zillow Rental Manager Report a problem
    3/25/2021Price change$1,575-1.6%
    Source: Zillow Rental Manager Report a problem
    3/10/2021Listed for rent$1,600+1.6%
    Source: Zillow Rental Manager Report a problem
    6/2/2020Listing removed$1,575
    Source: Zillow Rental Manager Report a problem
    5/8/2020Price change$1,575-3.1%
    Source: Zillow Rental Manager Report a problem
    4/28/2020Price change$1,625-1.5%
    Source: Zillow Rental Manager Report a problem
    3/26/2020Listed for rent$1,650
    Source: Zillow Rental Manager Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: South

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,506,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,506,000