$1,100,000
1428 N Hill Ave, Pasadena CA 91104
Multi-Family (Duplex)
Property type
51 days
On market
$585
Price per sqft
0 cars
Garage
1923
Year built
7,336 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: James Antonucci DRE #01822661 818-432-1513, Keller Williams Realty-Studio City, Michael Pesci DRE #01274379 818-432-1627, Keller Williams Studio City
Listing updated: Apr 18, 2026 at 09:01pm.
Last checked: Jun 4, 2026 at 08:31pm
Source: CRMLS #SR26080201
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,400 | $2,400 | $2,800 | Unfurnished |
| 1 | 3 | 1 | — | $3,100 | $3,100 | $3,700 | Unfurnished |
# of Buildings: 2
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 1
Rent Control: Yes
Total Actual Rent: $5,500
Financial Snapshot
Gross Rent Multiplier
16.7x
List Price / Annual Gross Rent
Cap Rate
3.57%
NOI / List Price
Gross Scheduled Income: $66,000
Vacancy Allowance: $1,980
Vacancy Allowance Rate: 3%
Operating Expense: $24,796
Net Operating Income: $39,224
Annual Operating Expenses
Cable TV: $0
Electric: $1,080
Furniture Replacement: $0
Gardener: $1,500
Fuel: $1,080
Insurance: $2,445
Licenses: $0
Maintenance: $2,561
New Taxes: $13,750
Pest Control: $900
Pool: $0
Professional Management: $0
Supplies: $0
Trash: $0
Water / Sewer: $1,080
Workers Comp: $0
Other Expense: $400
Interior
Laundry: Washer Hookup, Inside
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Lot Features: Two To Five Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Carport
Garage Spaces: 0
Parking Total: 2
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5850016001
Additional Parcels: No
Tax Lot: 22
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Suburban
Nearby Schools
Nearby schools around the 1428 N Hill Ave, Pasadena, CA 91104. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$880,000
Total Interest
$1,122,391
Total Payment
$2,002,391
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,858
per month
Property History for 1428 N Hill Ave
Pasadena Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91104.
Similar Homes
Listings with similar prices to 1428 N Hill Ave