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Listed by KEVIN KWAN • REALIV
$ 1,100,000
Est. payment | /mo
1,436 SqFt
$ 1,100,000
Est. payment | /mo
1,436 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,436 sqft
Price per Sqft $766
MLS Listing ID WS-26090600
Year Built 1941
Lot Size 5,655 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Ideally situated just three lots north of the Rose Parade route on Colorado Boulevard, 44 N Berkeley Avenue offers a strategic opportunity for both owner-users and investors seeking a foothold in the heart of Pasadena. This front-to-back duplex consists of two distinct residences on one lot, providing a unique sense of privacy and separation. The front home is a 2-bedroom, 1-bathroom residence featuring classic curb appeal and a dedicated one-car garage. To the rear, a separate 1-bedroom, 1-bathroom unit offers additional flexibility with an attached bonus storage room—an ideal space for a home office, creative studio, or fitness area.
Both units maintain their original character and vintage charm, serving as a clean slate for a new owner to modernize and build immediate equity. While the front unit anchors the property's aesthetic on the tree-lined street, the rear unit features a private backyard area, currently utilized as a vibrant vegetable garden, along with a dedicated carport. The property is designed for ease of management with separate gas and electric meters and a shared driveway split to accommodate parking for both dwellings.
Beyond the immediate quiet of the neighborhood, the location offers unparalleled access to the best of Pasadena. The property is less than two miles from the premier shopping and dining destination of South Lake Avenue and only three miles from the historic energy of Old Town Pasadena. With Caltech and Pasadena City College just a half-mile away, this is a prime asset in a high-demand rental market. The front unit is currently leased at $2,700, and the rear unit is leased at $1,400 with the potential to reach market rates of approximately $2,000. Rear unit can be delivered vacant.
Both units maintain their original character and vintage charm, serving as a clean slate for a new owner to modernize and build immediate equity. While the front unit anchors the property's aesthetic on the tree-lined street, the rear unit features a private backyard area, currently utilized as a vibrant vegetable garden, along with a dedicated carport. The property is designed for ease of management with separate gas and electric meters and a shared driveway split to accommodate parking for both dwellings.
Beyond the immediate quiet of the neighborhood, the location offers unparalleled access to the best of Pasadena. The property is less than two miles from the premier shopping and dining destination of South Lake Avenue and only three miles from the historic energy of Old Town Pasadena. With Caltech and Pasadena City College just a half-mile away, this is a prime asset in a high-demand rental market. The front unit is currently leased at $2,700, and the rear unit is leased at $1,400 with the potential to reach market rates of approximately $2,000. Rear unit can be delivered vacant.
Location
State CA
County Los Angeles
Area 648 - Pasadena Se
Interior
Laundry In Garage
Exterior
Parking Features Garage, Carport
Garage Spaces 1.0
Pool None
Community Features Curbs, Sidewalks, Urban
Building
Lot Description Front Yard, Back Yard
Sewer Public Sewer