CA > Pasadena
Pasadena, CA 91106,520 N Hill AVE
Pasadena, CA 91106,520 N Hill AVE
Pasadena, CA 91106,520 N Hill AVE
Pasadena, CA 91106,520 N Hill AVE
Pasadena, CA 91106,520 N Hill AVE
Pasadena, CA 91106,520 N Hill AVE
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Carlos Tovar

Carlos Tovar

+1(951) 264-7544
$ 1,800,000
Est. payment | /mo

0.32 Acres Lot

Save
$ 1,800,000
Est. payment | /mo
Save

0.32 Acres Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25192867

HOA Y/N No

Year Built 1923

Lot Size 0.324 Acres

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County Los Angeles

Area 646 - Pasadena (Ne)

Zoning PSR1

Interior

Interior Features Tile Counters, Unfurnished, Bedroom on Main Level

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate

Fireplace No

Appliance Gas Oven, Gas Range, Water Heater

Laundry Inside

Exterior

Exterior Feature Rain Gutters

Parking Features Assigned, Detached Carport, Driveway, On Site, Oversized, Paved, Private, Shared Driveway, Side By Side

Carport Spaces 6

Fence Block

Pool None

Community Features Biking, Curbs, Gutter(s), Hiking, Street Lights, Suburban, Sidewalks

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

View Y/N Yes

View Mountain(s), Neighborhood

Roof Type Asphalt,Shingle

Accessibility Parking

Total Parking Spaces 6

Private Pool No

Building

Lot Description 6-10 Units/Acre, Front Yard, Level, Walkstreet

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5749018006

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard, Trust

CRMLS – RECore
Listed by Imy Dulake Coldwell Banker Realty 626-664-1280
Carlos Tovar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(951) 264-7544

carlos@tovarrealestate.com

11010 Arrow Route STE 109, Ranco Cucamongo, California, 91730, USA

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520 N Hill AVE