295 S Hudson, Pasadena, CA 91101
295 S Hudson, Pasadena, CA 91101
295 S Hudson, Pasadena, CA 91101
295 S Hudson, Pasadena, CA 91101
295 S Hudson, Pasadena, CA 91101
295 S Hudson, Pasadena, CA 91101
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Zach Arrington

Zach Arrington

+1(619) 374-5339
$ 4,880,000
Est. payment | /mo

3 Beds

2 Baths

0.32 Acres Lot

Save Virtual Tour
$ 4,880,000
Est. payment | /mo
Save Virtual Tour

3 Beds

2 Baths

0.32 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26217850

Bedrooms 3

Lot Size 0.322 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

TROPHY CLASS-A LOCATION: 14-Unit Value-Add in the Heart of the South Lake Ave District Walkers 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 Pasadenas 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 "Walkers 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 Joes 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 buildi

Location

State CA

County Los Angeles

Zoning Assessor

Direction FWY 210 EXIT LAKE AVE AND GO SOUTH, MAKE RIGHT ON DEL MAR BLVD AND MAKE RIGHT ON HUDSON AVE.

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Restrictions Other/Remarks

Tax ID 5734027004

Acceptable Financing Cash

Listing Terms Cash

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

MLS Router / San Diego MLS
Listed by Handoko Chen, DRE#01749321 Growth Investment Group Pasade 

Nearby Locations

Zach Arrington

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

+1(619) 374-5339

zach@zarealtygroup.com

1420 Kettner Blvd suite 100, San Diego, California 92101, USA

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295 S Hudson