Sold for $1,750,000

Listed by: CENTURY 21 REALTY MASTERS • ALEXANDRA PARRA RIVERA • Contact: 323-722-7300

Bought with: CENTURY 21 REALTY MASTERS

Tax assessed value

$1,750,000

429 N Hill Ave, Pasadena, CA 91106

10beds

7baths

4,228sqft

Mixed Use

Built in 1959

-- sqft lot

$-- Zestimate^®

$414/sqft

$2,625 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,625/mo

Zestimate^® history

Owner options

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$2,625/mo

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$2,625/mo

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$11,159/mo

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$11,159/mo

Est. payment

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What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 7

Appliances

Laundry: Common Area

Features

Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 4,228
Total interior livable area: 4,228 sqft

Property

Parking

Total spaces: 4
Parking features: Garage, Carport
Garage spaces: 1
Carport spaces: 3
Covered spaces: 4

Features

Entry location: 1
Pool features: None

Lot

Size: 0.26 Acres

Details

Parcel number: 5739001055
Zoning: PSR4
Special conditions: Third Party Approval,Probate Listing

Construction

Type & style

Home type: MultiFamily
Property subtype: Mixed Use
Attached to another structure: Yes

Condition

New construction: No
Year built: 1959

Utilities & green energy

Sewer: Unknown
Water: Public

Community & HOA

Community

Features: Sidewalks

Location

Region: Pasadena

Financial & listing details

Price per square foot: $414/sqft
Tax assessed value: $1,750,000
Annual tax amount: $21,072
Date on market: 8/3/2024
Cumulative days on market: 87 days
Listing terms: Cash,Conventional,Court Approval,Fannie Mae,Freddie Mac

Price history

Date	Event	Price
11/21/2024	Sold	$1,750,000-20.4%$414/sqft
Source: CRMLS #MB24160091 Report a problem
9/25/2021	Listing removed	--
Source: SDMLS #DW20152057 Report a problem
11/17/2020	Price change	$2,199,000-4.3%$520/sqft
Source: SDMLS #DW20152057 Report a problem
9/11/2020	Price change	$2,298,000-4.2%$544/sqft
Source: ReMax Sky #DW20152057 Report a problem
8/6/2020	Listed for sale	$2,399,000+23.2%$567/sqft
Source: ReMax Sky #DW20152057 Report a problem
7/6/2020	Listing removed	$875
Source: Owner Report a problem
6/26/2020	Listed for rent	$875
Source: Owner Report a problem
1/27/2017	Sold	$1,947,000+174.2%$461/sqft
Source: Public Record Report a problem
5/23/2002	Sold	$710,000+50.4%$168/sqft
Source: Public Record Report a problem
12/1/2000	Sold	$472,000$112/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$21,072 -18.2%	$1,750,000 -21.7%
2024	$25,765 +0.9%	$2,233,875 +2%
2023	$25,548 +3.6%	$2,190,085 +2%
2022	$24,661 +4.3%	$2,147,154 +2%
2021	$23,646 +5%	$2,105,064 +1.9%
2020	$22,521	$2,066,412 +2%
2019	$22,521 -2%	$2,025,906 +2%
2018	$22,979	$1,986,194 +119.8%
2017	$22,979 +107.3%	$903,741 +2%
2016	$11,084 +2.4%	$886,021 +1.5%
2015	$10,825 +2.8%	$872,714 +2%
2014	$10,528	$855,619 +5.3%
2010	--	$812,564 -0.2%
2009	--	$814,496 +2%
2008	--	$798,527 +4%
2006	--	$767,522
2005	--	$767,522 +4%
2004	--	$737,720 +53.2%
2002	--	$481,440 +58.1%
2000	--	$304,570