$1,325,000
$2,185,000
39.4%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
6 Baths
4,248 SqFt
SOLD DATE : 06/02/2026
Key Details
Sold Price $1,325,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,248 sqft
Price per Sqft $311
MLS Listing ID 26653189
Sold Date 06/02/26
Bedrooms 7
Year Built 1920
Lot Size 9,358 Sqft
Acres 0.2148
Property Sub-Type Multi-Family
Property Description
301-303 North Hudson Avenue represents a rare opportunity to acquire a well-located multifamily asset in one of Los Angeles County's most desirable and supply-constrained rental markets. Situated in a strong Pasadena neighborhood, the property offers investors durable cash flow, stable tenancy, and long-term appreciation potential supported by exceptional market fundamentals. The property consists of six (6) residential units with a desirable and diversified unit mix, appealing to a broad tenant base: 1 Studio (Non-Conforming), 1 Studio + Loft, 3 One-Bedroom/ One-Bathroom Units, 1 Two-Bedroom/ One-Bathroom Unit. Located just minutes from Old Town Pasadena, the property benefits from immediate proximity to one of the region's most vibrant employment, retail, and lifestyle hubs. Tenants enjoy access to high-end dining, boutique shopping, entertainment venues, and cultural attractions, all of which drive consistent rental demand and support above-average rent growth. The surrounding area is characterized by tree-lined residential streets, historic charm, and limited new multifamily development, creating a high barrier to entry for competing supply. Pasadena's strong demographics, affluent renter base, and landlord-friendly rental dynamics further enhance the investment profile. The property is strategically positioned near major employment anchors including Caltech, Pasadena City College, Huntington Hospital, and the Jet Propulsion Laboratory (JPL), which provide a stable and diverse tenant pool. Convenient access to the 210 and 134 freeways, as well as nearby Metro transit options, ensures strong regional connectivity throughout Greater Los Angeles. 301-303 N Hudson Ave offers investors a compelling combination of location-driven demand, attractive unit mix, and long-term upside in a proven Pasadena submarket with a history of strong rent performance and asset appreciation.
Location
State CA
County Los Angeles
Area Pasadena Se
Zoning PSC-
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall Unit(s)
Equipment Dishwasher, Washer, Dryer, Microwave, Range/Oven
Laundry Laundry Area
Exterior
Parking Features Carport Detached, Assigned
Garage Spaces 7.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Marcus & Millichap
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