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Sold for $2,888,000 on 02/07/25
  • $2,888,000

    1998 E Villa St, Pasadena, CA 91107

    3beds
    3baths
    --sqft
    Multi Family
    Built in 1935
    -- sqft lot
    $2,842,900 Zestimate®
    $--/sqft
    $3,251 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: February 08, 2025 at 03:08am

    Listed by:

    Alexander Metaxas DRE #01784652 626-313-4901,

    Realty Investment Advisors, Inc.,

    Benjamin J. Hsiang DRE #01438644 424-377-6001,

    Realty Investment Advisors, Inc.

    Bought with:

    Alain Babaian, DRE #01890396

    Americana Real Estate Services

    Source: SDMLS,MLS#: 24-413791MLS LogoOriginating MLS: Beverly Hills/Greater LA

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Heating
    • Forced Air Unit, Wall/Gravity
    Cooling
    • Wall/Window
    Interior area
    • Total structure area: 0

    Property

    Features
    • Levels: Split Level
    • Pool features: N/K
    Lot
    • Size: 9,417 sqft
    Details
    • Zoning: PSC-
    • Zoning description: PSC-

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1935

    Community & neighborhood

    Location
    • Region: Pasadena

    Other

    Other facts
    • Listing terms: Cash
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $2,842,900

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,842,900