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.
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
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#: 24-413791
Originating 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
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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