1998 E Villa Street
Pasadena, CA, 91107
$2,888,000
Beds
0 Baths
SqFt
0.22 Acres
Add
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.

Property Details

Price:
$2,888,000
MLS #:
24413791
Status:
Active Under Contract
Baths:
0
Address:
1998 E Villa Street
Type:
Residential Income
Neighborhood:
646pasadenane
City:
Pasadena
Listed Date:
Jul 10, 2024
State:
CA
ZIP:
91107
Lot Size:
9,417 sqft / 0.22 acres (approx)
Year Built:
1935
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Interior

Appliances
Dishwasher, Microwave, Refrigerator, Range
Cooling
Electric
Heating
Forced Air, Electric, Wall Furnace

Exterior

Parking Features
Driveway
Parking Spots
7.00
Pool Features
None
Security Features
Smoke Detector(s), Carbon Monoxide Detector(s)
Stories Total
2

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1998 E Villa Street
Pasadena, CA