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$1,825,000

  • Sold
  • Closed
  • Multi-Family
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Wonderful investment opportunity in a prime Pasadena location. This 6-unit multi-family property is ideally situated near Pasadena City College, Caltech, the Rose Bowl, Norton Simon Museum, shopping, dining, and easy access to the 210 freeway. The front building consists of 1 bedroom, 1 bathroom apartments (524 units 1-4). Behind the main building are two separate residences: one 2 bedroom, 1 bathroom unit at 520 N Hill, which features its own washer and dryer and patio area, and another 2 bedroom, 1 bathroom unit at 522 N Hill. Updates at this property include: newer composition shingle roofs installed on all three buildings in 2023 and a freshly paved parking area completed in 2024. There are six covered parking spaces in the carport, providing convenience for tenants. Most tenants are long term, offering consistent income and stability for investors. With its excellent location, strong rental history, and desirable unit mix, this property presents a rare chance to own a high-demand multi-family asset in the heart of Pasadena.

Full Property Details for 520 N Hill Ave

General

  • Sold For: $1,825,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: AR25192867
  • Added to Site: 156 day(s) ago

Interior

  • Rooms/Areas: Kitchen, Main Floor Bedroom
  • Interior Features: Tile Counters, Unfurnished
  • Appliances: Gas Oven, Gas Range, Water Heater
  • Flooring: Carpet, Laminate

Rooms

Other Rooms

  • Laundry: Inside

Additional Information

  • Pool Description: None
  • Spa Description: None

Exterior

  • Exterior Features: Rain Gutters

Parking

  • Parking Features: Assigned, Detached Carport, Driveway, Paved, On-Site, Oversized, Private, Shared Driveway, Side-by-Side
  • Parking: Assigned, Detached Carport, Driveway, Paved, On-Site, Oversized, Private, Shared Driveway, Side-by-Side

Location

  • Area: 646 - Pasadena (NE)
  • County: Los Angeles
  • Development Name: 646 - Pasadena (NE)
  • Driving Directions: N. of 210 fwy, S. of Orange Grove, W. of Allen

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 6
  • # Electric Meters: 6

Structural Information

  • Roof: Asphalt, Shingle
  • Windows: Screens
  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 4,941
  • Year Built: 1923

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Property View: Mountain(s), Neighborhood
  • Lot Size (Acres): 0.3244
  • Lot Size Source: Assessor
  • Zoning: PSR1
  • Lot Description: 6-10 Units/Acre, Front Yard, Level, Walking Street

Financial Considerations

  • Price Per Sq. Ft.: $369.36
  • Price Per Unit: 300000

Meet the listing agent

Meet the listing agent
— 520 N Hill Ave —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 520 N Hill Ave

School District:Pasadena Unified School District
NameGradesDistance
Longfellow (Henry W.) Elementary School
1065 East Washington Boulevard, Pasadena, CA 91104
K-51.1 mi
Charles W. Eliot Middle School
2184 Lake Avenue, Altadena, CA 91001
6-82 mi
Pasadena High School
2925 East Sierra Madre Boulevard, Pasadena, CA 91107
9-121.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 520 N Hill Ave

Date
Details
Price
Change
Source
11/04/2025
Sold
$1,825,000
1.39%
MLS
9/03/2025
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Just Listed near 520 N Hill Ave

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Price Reduced near 520 N Hill Ave

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1406 Stratford, South Pasadena, CA 91030 - Photo 1 Price Reduced
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1406 Stratford  South Pasadena, CA 91030

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3751 N Hollingsworth Rd, Altadena, CA 91001 - Photo 1 Price Reduced
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3751 N Hollingsworth Rd  Altadena, CA 91001

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Recent Sales near 520 N Hill Ave

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1281 E Orange Grove Blvd, Pasadena, CA 91104 - Photo 1 Sold
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1281 E Orange Grove Blvd  Pasadena, CA 91104

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1660 Las Lunas St, Pasadena, CA 91106 - Photo 1 Sold
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520 N Hill Avenue, Pasadena, CA 91106 (MLS# AR25192867) is a Multi-Family property that was sold at $1,825,000 on November 04, 2025. This property was listed by Imy Dulake from our Arcadia Office.Want to learn more about 520 N Hill Avenue? Do you have questions about finding other Multi-Family real estate for sale in Pasadena? You can browse all Pasadena real estate or contact a Coldwell Banker agent to request more information.