1998 E Villa Street, Pasadena, CA 91107
- $3,000,000
- $522
- $3,000,000
- $522
Description
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.
Address
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Address: 1998 E Villa Street
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City: Pasadena
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State/county: CA
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Zip/Postal Code: 91107
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Area: 646 - Pasadena (NE)
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Country: United States
Details
Updated on September 30, 2024 at 7:54 am-
Property ID SGR-34076708
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Price $3,000,000
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Property Size 5750.00 m²
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Land Area 9417.00 m²
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Bedrooms 8
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Bathrooms 9
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Year Built 1935
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Property Type Residential Income
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Property Status For Sale
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Living Area 5750.00
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MLS# 24413791
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Office Name REALTY INVESTMENT ADVISORS, INC.
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Agent Name Alexander Metaxas
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MLS Status Active
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Living Area Prefix Sqft
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Co-Office Name Realty Investment Advisors, Inc.
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Co-Agent Name Benjamin J. Hsiang
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Agent State License 01784652
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Co-Agent State License 01438644
Additional details
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Cooling Electric
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Heating Forced Air,Electric,Wall Furnace
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County Los Angeles
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Parking 7.00
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