For sale · Active

295 S Hudson

Pasadena, CA 91101

$4,880,000
Lot size0.3221 acres
Property typeApartment
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Listing broker / agent: Growth Investment Group Pasade · Handoko Chen · han.chen@growthinvestmentgroup.com · CRMLS

MLS # AR26217850 · Last checked Oct 8, 2026 05:05 UTC

About this property

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.

Property details

MLS number
AR26217850
Status
Active
Type
Residential Income
Subtype
Apartment
Lot size
0.3221 acres
Year built
1954
Stories
2
More property detailsExpandCollapse

Listing

Days on market
1

Building

Year built
1954
Year built source
Assessor
Stories
2
Building stories
2
Levels
Two
Entry level
1
Construction
Stucco
Roof
Shingle
Foundation
Raised
Condition
Repairs Cosmetic

Rooms & interior

Appliances
Gas Range
Flooring
Laminate, Vinyl, Wood
Heating
Wall Furnace
Cooling
Wall Window Units
Fireplace
None
Laundry
Common Area
Accessibility features
None

Exterior & parking

Total parking spaces
10
Garage spaces
0
Carport spaces
10
Parking
Assigned
Pool
None
Lot features
Lawn, Landscaped, Level, Near Public Transit, Rectangular Lot, Sprinkler System, Street Level, Value In Land
Lot size source
Assessor
Fencing
None
Property outlook
City Lights

Utilities & community

Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community features
Urban, Valley

Fees & lease terms

Association
No
Association fee
$0.00
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
McKinley (school website, opens in a new tab) Pasadena Unified · Pasadena K–8 0.1 mi
Twentieth Street Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 0.9 mi
Blair High (school website, opens in a new tab) Pasadena Unified · Pasadena 6–12 1.2 mi
Madison Elementary (school website, opens in a new tab) Pasadena Unified · Pasadena Not reported 1.3 mi
Hamilton Elementary (school website, opens in a new tab) Pasadena Unified · Pasadena Not reported 1.5 mi
Valentine Elementary (school website, opens in a new tab) San Marino Unified · San Marino K–5 1.9 mi
Huntington Middle (school website, opens in a new tab) San Marino Unified · San Marino 6–8 1.9 mi
Thurgood Marshall Secondary (school website, opens in a new tab) Pasadena Unified · Pasadena 6–12 2.0 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$4,880,000
MLS-reported original asking price
$4,880,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 7, 2026 00:28$4,880,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Pasadena

Active residential homes for sale in Pasadena, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings307Current authorized inventory
Median asking price$1,150,000307 listings with a valid price
Median asking price / sq ft$745.17274 listings with confirmed sq ft
Median days on market29307 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction12
Listings with an increase0

12 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-08 06:56 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Loan assumptions and ownership costs

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295 S Hudson