We are proud to present this pride-of-ownership asset located in the heart of Pasadena. The subject property consists of a 2-Bedroom/1-Bathroom Single Family Residence on its own parcel and (4) Large 1-Bedroom/ 1-Bathroom units on their own parcel. Spanning over 4,666 of rentable square feet on a grand total of 10,750 square feet of land, an investor will have the flexibility of obtaining residential financing, perfect for an owner-user. Tenants enjoy on-site garage parking, individual washer and dryer hookups in ALL units and private balconies/patios. Tenants pay for electricity & gas while the owner pays for water and trash. The subject property offers a stable investment with a 5.12% cap rate and 14.23 GRM. Located just minutes from Downtown Pasadena and a block from the I-210 Fwy, this asset is positioned in a high-demand rental market with low turnover.
Property Details
Price:
$2,325,000
MLS #:
CV25030247
Status:
Active
Baths:
0
Address:
739 E Villa Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
645pasadenanw
City:
Pasadena
Listed Date:
Feb 12, 2025
State:
CA
ZIP:
91101
Lot Size:
10,750 sqft / 0.25 acres (approx)
Year Built:
1924
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Schools
Interior
Exterior
Community Features
Sidewalks
Fencing
Average Condition
Garage Spaces
5.00
Lot Features
0-1 Unit/ Acre
Parking Features
Assigned
Parking Spots
5.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Tenant Pays
Gas
Utilities
Electricity Available, Water Available
Map
Community
- Address739 E Villa Street Pasadena CA
- Area645 – Pasadena (NW)
- CityPasadena
- CountyLos Angeles
- Zip Code91101
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739 E Villa Street
Pasadena, CA
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