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295 S Hudson Ave 14 Unit Apartment Building $5,595,000 ($399,643/Unit) Pasadena, CA 91101
Investment Highlights
- Constructed in 1954 and well-maintained, providing spacious units, dedicated covered parking, and on-site laundry facilities for tenant convenience.
- Located in a strong rental market with steady demand, making this property a solid candidate for investors seeking long-term growth potential and reli
- Includes 10 covered parking spaces and neighborhood accessibility for both pedestrians and commuters.
Executive Summary
Located just one block west of the vibrant and desirable South Lake Avenue District of Pasadena offering a variety of fine dining and casual eateries, financial services, transportation, personal service establishments, boutique and major retailers, has this multi-family, fourteen unit building (12 – 1 bedroom 1 bath, 2 – 2 bedroom 1 bath) much to offer to residents and investors alike. Spacious units, covered surface parking, onsite laundry room, and more.
Property Facts
| Price | $5,595,000 | Building Class | C |
| Price Per Unit | $399,643 | Lot Size | 0.32 AC |
| Sale Type | Investment | Building Size | 9,945 SF |
| Gross Rent Multiplier | 17 | Average Occupancy | 93% |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1954 |
| Property Subtype | Apartment | Parking Ratio | 1.01/1,000 SF |
| Zoning | PSR4 - multiple dwelling | ||
| Price | $5,595,000 |
| Price Per Unit | $399,643 |
| Sale Type | Investment |
| Gross Rent Multiplier | 17 |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 9,945 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built | 1954 |
| Parking Ratio | 1.01/1,000 SF |
| Zoning | PSR4 - multiple dwelling |
Amenities
Site Amenities
- Laundry Facilities
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Very walkable
80/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5734-027-004 | Improvements Assessment | $234,852 |
| Land Assessment | $87,251 | Total Assessment | $322,103 |
Property Taxes
Parcel Number
5734-027-004
Land Assessment
$87,251
Improvements Assessment
$234,852
Total Assessment
$322,103
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295 S Hudson Ave
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