301 North Hudson Avenue
Pasadena, CA, 91101 $ 2,185,000
Baths0.0 Sq 4,248 Monthly Estimate*
$ 13,453
Studio for $2,185,000. This 4,248 square foot home was built in 1920 on a lot size of 0.21.
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 4248.0
Heating Wall Furnace
Zoning PSC-
Year Built 1920
Levels Two
County Los Angeles
Net Operating Income 120009.0
New Construction No
Property Type C
HOA No
Status Active
City Pasadena
Senior Community Y/N No
MLS Area 648 - Pasadena SE
Lot Size Units Square Feet
Lot Size Square Feet 9358.0
Standard Status Active
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InteriorKitchen Appliances Dishwasher Microwave
Total Stories 2
Heating Y/N Yes
Laundry Features Washer Included Dryer Included
Total Baths 0
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ExteriorParking Features Assigned Detached Carport
Lot Size Area 9358.0
Pool Y/N? Yes
Building Area Total 4248.0
Lot Size Acres 0.21
Land Lease Type Fee
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* Excluded FeaturesList ByJeffrey LouksListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $13,453
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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 $2,191,478
Percent of Sale Price 0%
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.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/18/2026 | $2,185,000 | | Listed Price |