597 N Hill Avenue N
Pasadena, CA, 91106 $ 2,999,999
Baths1.0 Sq 2,938 Monthly Estimate*
$ 18,716
Listed by Coldwell Banker Hallmark
Studio for $2,999,999 with 1 full bath. This 2,938 square foot home was built in 1908 on a lot size of 0.3865.
Welcome to 597–609 N Hill Avenue, an exceptional multi-unit Craftsman property nestled in the heart of Pasadena Heights. Resting on a generous 16,836 sq. ft. RM-32 zoned lot, this fully remodeled and income-producing estate offers classic Pasadena charm blended with modern updates—ideal for both owner-users and investors. Originally built in 1908 and thoughtfully remodeled to perfection, this three-unit property sits on a serene, tree-lined street just minutes from Old Town Pasadena, South Lake shopping district, and Caltech. The property features: • Main House (approx. 1,935 sq. ft.) – 3 bedrooms, 1 bath, beautifully upgraded kitchen, hardwood and tile flooring, spacious living and dining areas, and refined Craftsman details. • Unit 2 (approx. 540 sq. ft.) – 1 bedroom, 1 bath, remodeled kitchen and bath, newer flooring and paint. • Unit 3 (approx. 540 sq. ft.) – 1 bedroom, 1 bath, bright open layout with modern upgrades and fresh finishes. All units have been recently remodeled with new kitchens, updated baths, paint, and flooring. The property has been meticulously maintained, with a condition rated as “excellent” in the 2024 appraisal. Exterior highlights include ample parking, a security gate, mature landscaping, and inviting outdoor patios and decks perfect for relaxation. The RM-32 zoning offers significant development potential—allowing for up to 12 units based on Pasadena city code—making this property a rare opportunity for expansion or long-term appreciation. Located in a prime residential neighborhood surrounded by well-kept homes and small multi-unit complexes, the property benefits from stable demand, low vacancy rates (~3%), and strong rental values. Location Perks: • Minutes to Pasadena City College, Caltech, and Huntington Library • Close to Metro Gold Line and major freeways (210 & 134) • Walkable to parks, shops, and dining Whether you’re seeking a turnkey multi-unit investment or a character-rich property with income potential, 597–609 N Hill Avenue embodies timeless Pasadena living and smart real estate value.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
HOA Fee 0
Garage Spaces 2
Architectural Style Craftsman
Pool Features None
Year Built 1908
Tenant Pays Electricity Gas
Stories Count 2
Levels Two
Property Subtype Triplex
Gross Income 5400
Community Features Curbs Suburban
County Los Angeles
Net Operating Income 300
Operating Expense 300
Insurance Expense 1200
New Construction 0
Property Type Residential Income
HOA 0
Garage Y/N 1
Special Listing Conditions Probate Listing
Status Active
Directions 210 E Exit Hill Ave North On Hill Ave
City Pasadena
Entry Location FRONT
Senior Community Y/N 0
Number Of Units Total 3
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 16836
Number of Units Leased 2
Listing Terms Cash Cash to Existing Loan Cash to New Loan Conventional
Property Attached Y/N 0
Land Lease Y/N 0
Electric Expense 200
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 28
Total Actual Rent 5600
Property Sub Type Additional Triplex
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InteriorInterior Amenities All Bedrooms Up
Flooring Laminate Wood
Fireplace Features Family Room
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N 1
Heating Y/N 1
Fireplace Y/N 1
Laundry Features Inside
Entry Level 1
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ExteriorFencing Electric
Parking Features Driveway On Site Other Paved
Lot Features Sprinklers In Rear Sprinklers In Front Sprinkler System
Water Source Public
Total Parking 2
Lot Size Area 16836
Number of Buildings 3
Building Area Total 2938
Lot Size Acres 0.3865
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded FeaturesList ByColdwell Banker HallmarkBroker
mikelarealtor@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $18,716
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Pasadena, CA
Average List Price $3,090,501
Percent of Sale Price 3%
About Pasadena, CA 141,450 Population
6% Since 2002
$ 77,514 Median Income
39.52 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/20/2025 | $2,999,999 | | Listed Price |