231 S Hudson Avenue, Pasadena, CA 91101

About this property

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

Listing description from the August 2023 sale, as reported to CRMLS.

Sale history

$4,200,000

Sold August 2023 · listed $4,400,000, on market May 2023 · MLS #WS23093966 · Source: CRMLS

Listing Agent: KEVIN LUTZ · Listing Office: Keller Williams Realty/Pasadena · Contact: 626-204-3300 · Bought with: KEVIN LUTZ · Keller Williams Realty/Pasadena

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