Movoto Real Estate
Sold on 05/28/2026
  • View/Area
  • Exterior
  • Entry Way
  • Other
  • Bath
  • Living
  • Kitchen
  • Bedroom

301 N Hudson Ave, Pasadena, CA 91101

  • $1,325,000

    Last sold 05/28/2026 after 99 Days

  • 7

    bed

  • 6

    bath

  • 4,248

    Sqft ($312/Sqft)

Multi-family not for sale
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About 301 N Hudson Ave

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 9,358 Sqft
Property description
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.
Listed by
Listing Agent - Jeffrey Louks
Listing Office - Marcus & Millichap
Source: The MLS mls logo
MLS#26653189 • last updated 1 week ago
Movoto checked The MLS for data 6 minutes ago
Overview
Levels/Style Two
MLS # 26653189
Type Residential Income
Status Sold
SqFt 4248
Lot Size (SqFt) 9358
Lot Size (Acres) 0.2148
Year Built 1920
Interior
Total # of Baths 6
Total # of Bedrooms 7
Exterior
# Parking Spaces 7
Parking Desc Carport Detached, Assigned
Add'l Structures None
Amenities / Utilities
Equipment Dishwasher, Washer, Dryer, Microwave, Range/Oven
Location
County Los Angeles
Zoning PSC-
APN 5723-008-025
Multifamily Details
Unit 3: Furnished No
Unit 1: Furnished No
Unit 4: Furnished No
Unit 3: Projected Rent 8400
Unit 1: Projected Rent 1750
Unit 4: # Beds 2
Unit 1: Rent 1750
Unit 2: Rent 2700
Unit 3: Rent 2632
Unit 4: Rent 2750
Unit 2: Furnished No
Unit 2: Projected Rent 2700
Unit 4: Projected Rent 3400
Unit 3: # Beds 1
Unit 2: # Baths 1
Unit 3: # Baths 1
Unit 1: # Baths 1
Unit 4: # Baths 1
Unit 4: Actual Rent 2750
Unit 2: Actual Rent 2700
Unit 3: Actual Rent 7895
Unit Type 2106, 2107, 2108, 2109
Unit 1: Actual Rent 1750
Total # Of Buildings 2
Net Operating Income 120009
Cap Rate 5.49
Vacancy Rate 2
Gross Income 181140
Gross Operating Income 175706
Gross Rent Multiplier 12.06
Total Annual Expenses 55697
  • Jun 2026
    mls logo MLS # 26653189
  • Jun 2, 2026 Sold
    $1,325,000 (-39.4%)
  • May 28, 2026 Pending
  • Feb 16, 2026 Listed
    $2,185,000 (+0.2%)
  • Feb 2025
    mls logo MLS # PF24229101
  • Feb 19, 2025 Price Change
    $2,180,000 (-14.8%)
  • Sep 19, 2024 Listed
    $2,560,000
  • 301 N Hudson Ave
    $1.32M
  • Downtown Pasadena
    $877K +9% y/y
  • 91101
    $818K +2% y/y
  • Pasadena
    $1.17M -9% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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