1998 E Villa ST Active Save Request In-Person Tour Request Virtual Tour
Pasadena,CA 91107
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,750 sqft
Price per Sqft $502
MLS Listing ID 24413791
Bedrooms 8
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1935
Lot Size 9,417 Sqft
Acres 0.2162
Property Description
5.67% CAP, 12.15 GRM ON CURRENT RENTS! REMODELED UNITS, FULL COPPER PLUMBING, UPDATED ELECTRICAL, TANK-LESS WATER HEATERS, MINI-SPLIT & CENTRAL AC SYSTEMS, ROOFS UPDATED, A TON OF ATTENTION TO DETAIL IN REMODELS. NO Soft-Story Retrofit. We are pleased to present this 9-unit apartment that will yield a solid return for the new buyer. The property has been very thoughtfully updated offer modern comfort and convenience all while preserving the original character and charm that so many appreciate and seek out in a property. The unit mix consists of Three 2 Bed + 1 bath units; Two 1 Bed + 1 bath units and Four Studio + 1 bath units. Couple the retro and timeless look of this property with being surrounded by single family homes and it makes sense why it features high occupancy with high rents. There are currently six on-site, parking spaces and property is separately metered for gas and electricity. A well updated, meticulously managed by the ownership and still has upside growth and potential for a new owner make this an investment not to pass up. PLEASE DO NOT DISTURB THE TENANTS.
Location
State CA
County Los Angeles
Area 646 - Pasadena (Ne)
Zoning PSC-
Rooms
Ensuite Laundry Laundry Room
Interior
Laundry Location Laundry Room
Heating Electric,Forced Air,Wall Furnace
Cooling Electric
Fireplace No
Appliance Dishwasher,Microwave,Range,Refrigerator
Laundry Laundry Room
Exterior
Garage Driveway
Pool None
Parking Type Driveway
Total Parking Spaces 7
Private Pool No
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5745002037
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Financing Cash
Special Listing Condition Standard