
Pasadena, California 91104
This Renovated Pasadena Duplex represents a strategic income asset with a List Price of $1,100,000, reflecting the stability of the local market relative to its $1,084,322 Fair Market Value. The property features a high-demand unit mix, including a rare 3-bedroom layout, and maintains a Condition Rating of 3 due to extensive interior updates like wide-plank laminate flooring and recessed LED lighting. With a private patio and proximity to Caltech and Pasadena City College, the location ensures consistent rental demand. This is an optimal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing rental market.
Property is move-in ready.
While the property was originally built in 1923, the interior has been extensively renovated with modern finishes including wide-plank laminate flooring, recessed LED lighting, and updated doors with contemporary hardware. The units appear move-in ready and well-maintained; however, the exterior and some utility systems show visible signs of age, preventing an 'excellent' rating.
The property is situated in a high-demand Pasadena rental market near Caltech and Pasadena City College, ensuring a consistent pool of academic and professional tenants.
Featuring a rare 3-bedroom unit alongside a 2-bedroom unit, the property offers spacious layouts that appeal to families and roommate groups, maximizing rental income potential.
Individual metering for gas and electricity, combined with essential amenities like on-site parking and laundry, reduces owner overhead while increasing tenant satisfaction.
Built in 1923, this century-old property may require significant ongoing maintenance or capital improvements to aging electrical, plumbing, and structural systems.
Both units contain only one bathroom; the 3-bedroom unit in particular may be less competitive compared to modern rentals that typically offer multiple bathrooms for larger layouts.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,881 | 2,428 | 50% |
| Lot Size | 7,336 | 6,353.5 | 50% |
| Price | $1.10M | $1.33M | 50% |
| Price per sq ft | $585 | $657 | 33% |
| Built year | 1923 | 1942 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 193 | 17% |
Apr 15, 2026
$1,100,000
Initial Listing
May 14, 2012
$415,004
Public Record