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
See this Listing
Mortgage Calculator
Schools
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
Financial
Map
Community
- Address1998 E Villa Street Pasadena CA
- Area646 – Pasadena (NE)
- CityPasadena
- CountyLos Angeles
- Zip Code91107
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Courtesy of Realty Investment Advisors, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1998 E Villa Street
Pasadena, CA
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