295 S Hudson, Pasadena, CA 91101
295 S Hudson, Pasadena, CA 91101
295 S Hudson, Pasadena, CA 91101
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$4,880,000
Est. payment /mo
0.32 Acres Lot
Save Virtual Tour

UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26217850

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1954

Lot Size 0.322 Acres

Property Sub-Type Apartment

Property Description

TROPHY CLASS-A LOCATION: 14-Unit Value-Add in the Heart of the South Lake Ave District Walker's Paradise (95), Steps to Erewhon & Trader Joe's, Generational Hold (Owned Since 1957), Highest Density Zoning (RM-48), Can Be Acquired together with 1677 N Lake Ave, Pasadena (12 units).

295 S Hudson Ave, a premier 14-unit value-add apartment investment located squarely in the heart of Pasadena's highly coveted South Lake Avenue District. As a multi-generational hold property owned by the same family since 1957, this offering represents a true generational acquisition. Assets with this ownership history and ideal operational scale provide investors an exclusive opportunity to secure a well-maintained property in a trophy location with an attractive ±6.47% PROFORMA Cap Rate.

Location is the ultimate amenity for this investment. Categorized as a "Walker's Paradise" with a phenomenal Walk Score of 95, 295 S Hudson Ave is situated just one lot away from the corner of Hudson Ave and Del Mar Blvd. Tenants are positioned directly across from Trader Joe's and a major executive office tower on Lake Ave, with a brand-new Erewhon market and myriad upscale dining options just a short stroll away. This Class-A neighborhood provides residents with effortless access to historic Old Pasadena (housing over 200 premier shops and vibrant nightlife), the Playhouse District, and Caltech. Furthermore, regional transit access to the 110, 210, and 134 freeways connects residents instantly to major employment hubs in Downtown Los Angeles, Glendale, and Burbank.

Constructed in 1954, the clean Mid-Century building features attractive curb appeal and a charming center garden courtyard with outdoor seating. The property encompasses 9,945 square feet of living space on a 14,023 square-foot highest-density residential lot. The highly desirable unit mix consists of two (2) 2-bedroom/1-bathroom units and twelve (12) spacious 1-bedroom/1-bathroom units, averaging ±711 square feet each. Floor plans feel bright and expansive, featuring large windows for natural light and either original or upgraded hardwood flooring. Each unit has an upgraded electrical panel and subpanel, semiprivate patio/balcony, individual water heaterunit (gh the wall A/C. One unit (#1) has been upgraded with new kitchen and new 2nd bathroom.

Location

State CA

County Los Angeles

Area 647 - Pasadena (Sw)

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate, Vinyl, Wood

Fireplaces Type None

Fireplace No

Appliance Gas Range

Laundry Common Area

Exterior

Parking Features Assigned

Carport Spaces 10

Fence None

Pool None

Community Features Urban, Valley

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

View City Lights

Roof Type Shingle

Accessibility None

Total Parking Spaces 10

Private Pool No

Building

Lot Description Lawn, Landscaped, Level, Near Public Transit, Rectangular Lot, Sprinkler System, Street Level, Value In Land

Faces East

Story 2

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community Yes

Tax ID 5734027004

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Energy Description 321.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Virtual Tour https://growthinvestmentgroup.com/listingdetail.aspx?pid=10551

Read Less Info
CRMLS Full IDX Feed (MAIN Website Search)
Listed by Handoko Chen Growth Investment Group Pasade han.chen@growthinvestmentgroup.com, DRE #01749321

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Serving Southern California

Customized quick search tools to explore nearby zip codes, cities, and neighborhoods in your favorite destinations

There are 30 quick searches
 
Serving Arizona
Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations
More