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$4,880,000

For Sale

12 hours ago

295 S Hudson Ave, Pasadena, CA

Condo

MLS® AR26217850

0 Bed

0 Bath

10 Parking

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential Income

Size -

Garage

HOA Fees

Taxes

Days Active 1

Approx. Age 1954

MLS® Number AR26217850

Property Address: 295 S Hudson Ave, Pasadena, CA, 91101-2972

Average square foot calculated using Size range provided by listing agent.

Description

TROPHY CLASS-A LOCATION: 14-Unit Value-Add in the Heart of the South Lake Ave District Walker’s Paradise (95), Steps to Erewhon & Trader Joe's, Generational Hold (Owned Since 1957), Highest Density Zoning (RM-48), Can Be Acquired together with 1677 N Lake Ave, Pasadena (12 units). 295 S Hudson Ave, a premier 14-unit value-add apartment investment located squarely in the heart of Pasadena’s highly coveted South Lake Avenue District. As a multi-generational hold property owned by the same family since 1957, this offering represents a true generational acquisition. Assets with this ownership history and ideal operational scale provide investors an exclusive opportunity to secure a well-maintained property in a trophy location with an attractive ±6.47% PROFORMA Cap Rate. Location is the ultimate amenity for this investment. Categorized as a "Walker’s Paradise" with a phenomenal Walk Score of 95, 295 S Hudson Ave is situated just one lot away from the corner of Hudson Ave and Del Mar Blvd. Tenants are positioned directly across from Trader Joe’s and a major executive office tower on Lake Ave, with a brand-new Erewhon market and myriad upscale dining options just a short stroll away. This Class-A neighborhood provides residents with effortless access to historic Old Pasadena (housing over 200 premier shops and vibrant nightlife), the Playhouse District, and Caltech. Furthermore, regional transit access to the 110, 210, and 134 freeways connects residents instantly to major employment hubs in Downtown Los Angeles, Glendale, and Burbank. Constructed in 1954, the clean Mid-Century building features attractive curb appeal and a charming center garden courtyard with outdoor seating. The property encompasses 9, 945 square feet of living space on a 14, 023 square-foot highest-density residential lot. The highly desirable unit mix consists of two (2) 2-bedroom/1-bathroom units and twelve (12) spacious 1-bedroom/1-bathroom units, averaging ±711 square feet each. Floor plans feel bright and expansive, featuring large windows for natural light and either original or upgraded hardwood flooring. Each unit has an upgraded electrical panel and subpanel, semiprivate patio/balcony, individual water heaterunit (gh the wall A/C. One unit (#1) has been upgraded with new kitchen and new 2nd bathroom.

MLS® NumberAR26217850

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

Garage

Approx. Age1954

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatWall Furnace

A/CWall Window Units

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Oct 6, 2026List Date

$4,880,000List Price

Home Appraisal

This property is estimated to sell between: $1,582,000 and $6,529,000.

Similar properties in this area sold on average for: $1,582,571

Expected to sell in 226 days. Similar properties sold in 227 days. This home has been on eXp Realty for 1 day.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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