301 N Hudson Avenue
Pasadena, CA, 91101 $ 2,185,000
Bedrooms7 Baths1.0 Sq 4,248 Monthly Estimate*
$ 13,453
Listed by Marcus & Millichap
for $2,185,000 with 7 bedrooms and 1 full bath. This 4,248 square foot home was built in 1920 on a lot size of 0.2148.
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.
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FeaturesGeneralLiving Area 4248
Heating Wall Furnace
Appliances Dishwasher Microwave Dryer Washer
Zoning PSC-
Year Built 1920
Stories Count 2
Levels Two
Gross Income 181140
County Los Angeles
Net Operating Income 120009
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Corner of Corson St. and N. Hudson Ave.
City Pasadena
Senior Community Y/N false
Number Of Units Total 6
MLS Area 648 - Pasadena (SE)
Lot Size Units Square Feet
Lot Size Square Feet 9358
Carport Y/N true
Standard Status Active
Cap Rate 5.49
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InteriorTotal Stories 2
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 7
Total Baths 6
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ExteriorParking Features Assigned Detached Carport
Total Parking 7
Lot Size Area 9358
Number of Buildings 2
Building Area Total 4248
Lot Size Acres 0.2148
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* Excluded FeaturesList Byjeff.louks@marcusmillichap.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $13,453
- Monthly Property Taxes
- --
- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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 $2,314,386
Percent of Sale Price 6%
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 |
|---|
| 2/18/2026 | $2,185,000 | | Listed Price |