1428 N Hill Ave - Multi-Family FOR SALE


Pasadena, CA 91104
$1,100,000 USD
818-381-6601
1428 N Hill Ave, Pasadena, CA for Sale
$1,100,000 USD
Multi-Family - FOR SALE
1/13
null | 3.57% Cap Rate

1428 N Hill Ave
Pasadena, CA 91104


HIGHLIGHTS

  • High Demand Rental Location
  • Quick Access To CA-710, CA-134, & I-210 Freeways
  • Short Distance To Rose Bowl Stadium
  • Nearby Shopping/Transit
  • The Paseo Nearby
  • Great Pasadena Location

OVERVIEW

Located in the highly desirable city of Pasadena, 1428 N Hill Ave presents a fantastic duplex investment opportunity in one of the San Gabriel Valley’s most sought-after rental markets. Known for its strong tenant demand, excellent amenities, and proximity to major employment and education centers, Pasadena continues to attract a wide range of renters, making this property ideal for both investors and owner-users. The property features a well-balanced unit mix of one 2-Bedroom/1-Bath unit and one 3-Bedroom/1-Bath unit, offering spacious layouts that appeal to families, professionals, and roommates alike. Each unit is individually metered for gas and electric, helping to reduce owner expenses while providing tenants with control over their utilities. The building also includes on-site parking and on-site laundry, key amenities that enhance convenience and long-term tenant retention. Situated in a high-demand rental location, the property benefits from close proximity to a variety of shopping, dining, and entertainment options. Residents can enjoy easy access to destinations such as the Pasadena Convention Center and The Paseo, along with numerous neighborhood retail corridors and everyday conveniences. The location is further strengthened by its proximity to major educational institutions, including Pasadena City College and the prestigious California Institute of Technology, both of which contribute to a consistent pool of renters. Outdoor and recreational amenities are also nearby, including the iconic Rose Bowl Stadium. Commuters will appreciate the property’s quick access to the Interstate 210, State Route 134, and State Route 710, as well as its close proximity to a nearby light rail station, providing convenient connectivity throughout Los Angeles County. With its prime Pasadena location, functional unit mix, desirable amenities, and proximity to major education, transit, and lifestyle destinations, 1428 N Hill Ave represents a strong opportunity for investors seeking stable income and long-term growth in a highly desirable rental market. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$585 USD /SF

# OF UNITS

2

PRICE/UNIT

$550,000

CAP RATE

3.57%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Duplex On N Hill Ave

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

PSR1

APN/PARCEL ID

5850-016-001

ASK ABOUT THIS PROPERTY

James AntonucciAPLA GROUPMore Info
818-381-6601

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James AntonucciAPLA GROUPMore Info
818-381-6601

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.