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1428 N Hill Ave
Pasadena, CA 91104
Duplex On N Hill Ave · Multifamily Property For Sale
·
2 Units


Investment Highlights
- High Demand Rental Location
- Short Distance To Rose Bowl Stadium
- The Paseo Nearby
- Quick Access To CA-710, CA-134, & I-210 Freeways
- Nearby Shopping/Transit
- Great Pasadena Location
Executive Summary
Located in the highly desirable city of Pasadena, 1428 N Hill Ave presents a fantastic duplex investment opportunity in one of the San Gabriel Valley’s most sought-after rental markets. Known for its strong tenant demand, excellent amenities, and proximity to major employment and education centers, Pasadena continues to attract a wide range of renters, making this property ideal for both investors and owner-users.
The property features a well-balanced unit mix of one 2-Bedroom/1-Bath unit and one 3-Bedroom/1-Bath unit, offering spacious layouts that appeal to families, professionals, and roommates alike. Each unit is individually metered for gas and electric, helping to reduce owner expenses while providing tenants with control over their utilities. The building also includes on-site parking and on-site laundry, key amenities that enhance convenience and long-term tenant retention.
Situated in a high-demand rental location, the property benefits from close proximity to a variety of shopping, dining, and entertainment options. Residents can enjoy easy access to destinations such as the Pasadena Convention Center and The Paseo, along with numerous neighborhood retail corridors and everyday conveniences.
The location is further strengthened by its proximity to major educational institutions, including Pasadena City College and the prestigious California Institute of Technology, both of which contribute to a consistent pool of renters. Outdoor and recreational amenities are also nearby, including the iconic Rose Bowl Stadium.
Commuters will appreciate the property’s quick access to the Interstate 210, State Route 134, and State Route 710, as well as its close proximity to a nearby light rail station, providing convenient connectivity throughout Los Angeles County.
With its prime Pasadena location, functional unit mix, desirable amenities, and proximity to major education, transit, and lifestyle destinations, 1428 N Hill Ave represents a strong opportunity for investors seeking stable income and long-term growth in a highly desirable rental market.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
The property features a well-balanced unit mix of one 2-Bedroom/1-Bath unit and one 3-Bedroom/1-Bath unit, offering spacious layouts that appeal to families, professionals, and roommates alike. Each unit is individually metered for gas and electric, helping to reduce owner expenses while providing tenants with control over their utilities. The building also includes on-site parking and on-site laundry, key amenities that enhance convenience and long-term tenant retention.
Situated in a high-demand rental location, the property benefits from close proximity to a variety of shopping, dining, and entertainment options. Residents can enjoy easy access to destinations such as the Pasadena Convention Center and The Paseo, along with numerous neighborhood retail corridors and everyday conveniences.
The location is further strengthened by its proximity to major educational institutions, including Pasadena City College and the prestigious California Institute of Technology, both of which contribute to a consistent pool of renters. Outdoor and recreational amenities are also nearby, including the iconic Rose Bowl Stadium.
Commuters will appreciate the property’s quick access to the Interstate 210, State Route 134, and State Route 710, as well as its close proximity to a nearby light rail station, providing convenient connectivity throughout Los Angeles County.
With its prime Pasadena location, functional unit mix, desirable amenities, and proximity to major education, transit, and lifestyle destinations, 1428 N Hill Ave represents a strong opportunity for investors seeking stable income and long-term growth in a highly desirable rental market.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Property Facts
| Price Per Unit | $751,113 CAD | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 1,881 SF |
| Cap Rate | 3.57% | Average Occupancy | 100% |
| Gross Rent Multiplier | 16.67 | No. Stories | 1 |
| No. Units | 2 | Year Built | 1923 |
| Zoning | PSR1 | ||
| Price Per Unit | $751,113 CAD |
| Sale Type | Investment |
| Cap Rate | 3.57% |
| Gross Rent Multiplier | 16.67 |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 1,881 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1923 |
| Zoning | PSR1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | - | - |
| 2+1 | 1 | - | - |
Property Taxes
| Parcel Number | 5850-016-001 | Improvements Assessment | $248,718 CAD |
| Land Assessment | $463,138 CAD | Total Assessment | $711,856 CAD |
Property Taxes
Parcel Number
5850-016-001
Land Assessment
$463,138 CAD
Improvements Assessment
$248,718 CAD
Total Assessment
$711,856 CAD
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