Active
1302 E Villa Street
Pasadena CA, 91106
$1,375,000
$469.76 per sqft
Active
7 Beds
4 Baths
2,927 sqft
Residential
Built in 1923
Listed by Robyn Calvin with Robyn Calvin 310-751-8850
GET INTO YOUR NEW INVESTMENT WITH A LOWER PAYMENT! 1302 E Villa St, Pasadena, CA 91106 Now Only $1,375,000 REDUCED MONTHLY PAYMENTS WITH A SELLER BUY-DOWN! Your Opportunity Awaits: Seller is offering a rate buy-down option, reducing your interest rate from 7% to 5.125% for the first year or two! This can save you up to $900 per month on your payments! How Does This Work? Instead of overpaying for monthly interest, our seller buy-down puts money back in your pocket. It's like a 0% financing deal for your real estate investment. Forget hesitation your payments just got a lot more affordable. PROPERTY HIGHLIGHTS: * 3-Unit Multifamily Property: Single-family home + duplex each unit with private entrances.* $458,333/Unit: Incredible value in one of Pasadena's most sought-after areas.* 4.60% Cap Rate: Great income potential for investors.* Prime Location: Minutes from Old Town Pasadena, Rose Bowl, and top schools like Caltech.* Ample Parking: 7 spaces, including 3 garagesperfect for ADU conversions.* Flexible Tenancy: Month-to-month leases with potential for vacancy at COE.* Value-Add Potential: R6 Zoning redevelopment opportunities for savvy investors. LOCATION ADVANTAGES: Quiet, tree-lined street near the best of Pasadena shopping, dining, and entertainment.* Excellent access to the 110 and 210 Freeways for commuters.* Walking distance to public transportation and Pasadena's vibrant Colorado Boulevard. BUY WITH CONFIDENCE: No need to let today's rates hold you back. With this seller buy-down option, you can own this exceptional property without stretching your budget. Monthly savings go toward building equity, not just paying interest. Don't miss out on this rare opportunity to own a prime triplex in Pasadena with built-in affordability. Call or email Robyn Calvin at 310-751-8850/[email protected] today for more details and to schedule a private tour!Your Dream Investment is Closer Than You Think. Let's Make It Happen!
24455327
MLSⓇ ID
October 14, 2024
Listed
January 28, 2025
Updated
Map
1302 E Villa Street
Pasadena CA, 91106
Interior Features
Total Stories
1
Bedrooms
7
Total Bathrooms
4
Appliances
Gas Cooktop, Gas Oven, Oven
Laundry Description
Common Area, Laundry Closet
Fireplace
Yes
Fireplace Description
Living Room
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.21 Acres
Lot Features
Back Yard, Front Yard, Yard
Architectual Style
Spanish
Sewer
Sewer Tap Paid
Other Property Details
Area Name
646 - Pasadena (NE)
Days on Market
106
Garage
Yes
Garage Spaces
3
Parking
Assigned, Door-Multi, Driveway, Garage
Parking Total
3
View
No
View Description
None
County
Los Angeles
Water Source
Public
Pool
No
Zoning
PSR6
Listing Contact:
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/28/2025. 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.
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Data last updated on 1/28/2025 at 7:27 PM UTC