1998 E Villa Street, Pasadena CA, 91107

Under contract

Active Under Contract

1998 E Villa Street

Pasadena CA, 91107

$2,888,000

$502.26 per sqft

Under contract

Active Under Contract

8 Beds

9 Baths

5,750 sqft

Residential

Built in 1935

Listed by Alexander Metaxas with Realty Investment Advisors, Inc. 626-313-4901

5.72% CAP, 12.07 GRM ! 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.

24413791

MLSⓇ ID

July 10, 2024

Listed

December 7, 2024

Updated

Map

1998 E Villa Street
Pasadena CA, 91107

Interior Features

Total Stories: 2
Bedrooms: 8
Total Bathrooms: 9
Appliances: Dishwasher, Microwave, Range, Refrigerator
Laundry Description: Laundry Room
Fireplace: No
Cooling: Yes
Cooling Description: Electric
Heating: Yes
Heating Description: Electric, Forced Air, Wall Furnace

Exterior/Building Features

Lot Size: 0.22 Acres

Other Property Details

Area Name: 646 - Pasadena (NE)
Days on Market: 148
Garage: No
Parking: Driveway
Parking Total: 7
View: No
County: Los Angeles
Pool: No
Pool Features: None
Zoning: PSC-

Listing History

Date	Event	Price
12/7/2024	Under contract	—
10/3/2024	Price change	$2,888,000 -4%

Listing Contact:

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/7/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 12/7/2024 at 2:14 AM UTC