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Listed by Kristopher German • RE/MAX 2000 REALTY
$2,325,000
Est. payment /mo
4,666 SqFt
Price Dropped by $170K
739 East Villa Street Pasadena, CA 91101
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Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,666 sqft
Price per Sqft $498
MLS Listing ID CV-25030247
Year Built 1924
Lot Size 10,750 Sqft
Property Sub-Type Apartment
Property Description
We are proud to present this pride-of-ownership asset located in the heart of Pasadena. The subject property consists of a 2-Bedroom/1-Bathroom Single Family Residence on its own parcel and (4) Large 1-Bedroom/ 1-Bathroom units on their own parcel. Spanning over 4,666 of rentable square feet on a grand total of 10,750 square feet of land, an investor will have the flexibility of obtaining residential financing, perfect for an owner-user. Tenants enjoy on-site garage parking, individual washer and dryer hookups in ALL units and private balconies/patios. Tenants pay for electricity & gas while the owner pays for water and trash. The subject property offers a stable investment with a 5.12% cap rate and 14.23 GRM. Located just minutes from Downtown Pasadena and a block from the I-210 Fwy, this asset is positioned in a high-demand rental market with low turnover.
Location
State CA
County Los Angeles
Area 645 - Pasadena Nw
Zoning PSR1
Interior
Laundry Inside
Exterior
Parking Features Assigned
Garage Spaces 5.0
Pool None
Community Features Sidewalks
Utilities Available Water Available, Electricity Available
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer