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.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 1/28/2025 at 7:27 PM UTC

 

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