$3,000,000
Active
44 Days Online
8 Beds9 Baths5,750 SQFT
Active

1998 E Villa Street Pasadena, CA 91107

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5.36% CAP, 12.70 GRM ON CURRENT RENTS!! REMODELED KITCHENS AND BATHROOMS, FULL COPPER PLUMBING, UPDATED ELECTRICAL, TANKLESS WATER HEATERS, MINI-SPLIT & CENTRAL AC SYSTEMS, WOOD FLOORS, NO Soft-Story Retrofit. We are pleased to present this 9-unit architectural gem of a property. 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 TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site43 Days
  • MLS StatusActive
  • MLS ID Number24413791
  • Home Size Source Assessor
  • Year Built1935
  • Lot Size0.2162 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Driveway
  • Parking Spaces 7
  • Number of Stories Multi/Split2
  • Acreage 0.2162
  • Security Smoke Detector(s)Carbon Monoxide Detector(s)
  • Zoning PSC-
  • Listing Conditions Standard
  • Property Condition Updated/ Remodeled

Interior Features

  • Cooling Electric
  • Heating Forced AirElectricWall Furnace
  • Appliances DishwasherMicrowaveRefrigeratorRange
  • Laundry Features Individual Room

Exterior Features

  • Pool Features None

Community Features

  • Senior Community No
  • MLS Area 646 - Pasadena (NE)
  • Security Features Smoke Detector(s)Carbon Monoxide Detector(s)

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Monthly Payment (Est.)

$14,513
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