520 N Hill Avenue, Pasadena, California 91106
- $1,800,000
- $1,800,000
Overview
- Apartment, Residential Income
- 4941 Sqft
- 1923
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.
Address
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Address: 520 N Hill Avenue
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City: Pasadena
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State/county: CA
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Zip/Postal Code: 91106
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Country: US
Details
Updated on November 6, 2025 at 5:39 pm-
Property ID AR25192867
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Price $1,800,000
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Property Size 4941 Sqft
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Land Area 0.3244 Acres
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Year Built 1923
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Cash to New Loan, 1031 Exchange
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Roof Asphalt, Shingle
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Utilities Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
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Sewer Public Sewer
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Cooling Wall/Window Unit(s)
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Flooring Carpet, Laminate
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Assigned, Detached Carport, Driveway, On Site, Oversized, Paved, Private, Shared Driveway, Side By Side
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Community Features Biking, Curbs, Gutter(s), Hiking, Street Lights, Suburban, Sidewalks
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