Wonderful investment opportunity in a prime Pasadena location. This 6-unit multi-family property is ideally situated near Pasadena City College, Caltech, the Rose Bowl, Norton Simon Museum, shopping, dining, and easy access to the 210 freeway. The front building consists of 1 bedroom, 1 bathroom apartments (524 units 1–4). Behind the main building are two separate residences: one 2 bedroom, 1 bathroom unit at 520 N Hill, which features its own washer and dryer and patio area, and another 2 bedroom, 1 bathroom unit at 522 N Hill.
Updates at this property include: newer composition shingle roofs installed on all three buildings in 2023 and a freshly paved parking area completed in 2024. There are six covered parking spaces in the carport, providing convenience for tenants. Most tenants are long term, offering consistent income and stability for investors. With its excellent location, strong rental history, and desirable unit mix, this property presents a rare chance to own a high-demand multi-family asset in the heart of Pasadena.
Sold for $1,825,000
Listed by: Coldwell Banker Realty • Imy Dulake • Contact: 626-664-1280
Bought with: Longo Realty, Inc.
$1,825,000
520 N Hill Ave, Pasadena, CA 91106
7beds
6baths
4,941sqft
Multi Family
Built in 1923
-- sqft lot
$-- Zestimate®
$369/sqft
$3,316 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,316/mo
Zestimate® history
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List your homeWhat's special
Freshly paved parking areaNewer composition shingle roofsCovered parking spaces
Zillow last checked:
Listing updated:
Listed by:
Imy Dulake DRE #00987845 626-664-1280,
Coldwell Banker Realty,
Roger Phillips DRE #01057506 310-721-2896,
Keller Williams Realty
Bought with:
ALEX LAI, DRE #01961835
Longo Realty, Inc.
Source: CRMLS,MLS#: AR25192867
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Rooms
- Room types: Bedroom, Kitchen
Bedroom
- Features: Bedroom on Main Level
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Oven, Gas Range, Water Heater
- Laundry: Inside
Features
- Tile Counters, Unfurnished, Bedroom on Main Level
- Flooring: Carpet, Laminate
- Windows: Screens
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,941
- Total interior livable area: 4,941 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Detached Carport, Driveway, On Site, Oversized, Paved, Private, Shared Driveway, Side By Side
- Carport spaces: 6
Accessibility
- Accessibility features: Parking
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Exterior features: Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Block
- Has view: Yes
- View description: Mountain(s), Neighborhood
Lot
- Size: 0.32 Acres
- Features: 6-10 Units/Acre, Front Yard, Level, Walkstreet
Details
- Parcel number: 5749018006
- Zoning: PSR1
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Curbs, Gutter(s), Hiking, Street Lights, Suburban, Sidewalks
Location
- Region: Pasadena
Financial & listing details
- Price per square foot: $369/sqft
- Tax assessed value: $144,828
- Annual tax amount: $3,548
- Date on market: 9/3/2025
- Cumulative days on market: 13 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange
- Total actual rent: 10494
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2025 | Sold | $1,825,000+1.4%$369/sqft |
Source:  CRMLS #AR25192867 Report a problem | ||
| 10/30/2025 | Pending sale | $1,800,000$364/sqft |
Source: CRMLS #AR25192867 Report a problem | ||
| 9/18/2025 | Contingent | $1,800,000$364/sqft |
Source: CRMLS #AR25192867 Report a problem | ||
| 9/3/2025 | Listed for sale | $1,800,000$364/sqft |
Source: CRMLS #AR25192867 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,548 +6.8% | $144,828 +2% |
| 2024 | $3,323 +0.9% | $141,990 +2% |
| 2023 | $3,294 +2.5% | $139,207 +2% |
| 2022 | $3,212 +4.1% | $136,478 +2% |
| 2021 | $3,087 +2.3% | $133,803 +1% |
| 2020 | $3,018 | $132,432 +2% |
| 2019 | $3,018 +9.1% | $129,836 +2% |
| 2018 | $2,767 | $127,291 +2% |
| 2017 | $2,767 +1.8% | $124,796 +2% |
| 2016 | $2,719 +4.6% | $122,350 +1.5% |
| 2015 | $2,600 +1% | $120,513 +2% |
| 2014 | $2,574 | $118,153 +4.5% |
| 2011 | -- | $113,054 +0.5% |
| 2009 | -- | $112,477 +2% |
| 2008 | -- | $110,272 +4% |
| 2006 | -- | $105,993 |
| 2005 | -- | $105,993 +4% |
| 2004 | -- | $101,879 +1.9% |
| 2003 | -- | $100,013 +2% |
| 2002 | -- | $98,053 +4% |
| 2000 | -- | $94,247 |
Find assessor info on the county website
Neighborhood: Mid Central
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Nearby schools
GreatSchools rating
- 4/10Longfellow (Henry W.) Elementary SchoolGrades: K-5Distance: 1.1 mi
- 2/10Eliot Arts MagnetGrades: 6-8Distance: 2 mi
- 7/10Pasadena High SchoolGrades: 9-12Distance: 1.7 mi
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- California
- Los Angeles County
- Pasadena
- 91106
- Mid Central
- 520 N Hill Ave
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