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Sold for $1,350,000 on 12/24/24
  • Listing Provided by: 

    Harout Khayalian DRE #01237831 626-390-2544,

    Lucent Properties

    $1,350,000

    2359 E Villa St, Pasadena, CA 91107

    --beds
    --baths
    2,486sqft
    Quadruplex
    Built in 1941
    -- sqft lot
    $1,551,800 Zestimate®
    $543/sqft
    $4,890 Estimated rent

    What's special

    2359-2365 East Villa Street presents a unique opportunity for rental income with exciting development potential. The property sits on a 13,500 sq. ft. lot (100 ft. wide x 135 ft. deep) and includes two duplexes (1,264 sq. ft. each), a 700 sq. ft. garage, and a bonus utility/storage room, along with expansive open space for future enhancements. There is the potential for a lot split, providing an investor with a variety of development options, such as remodeling the existing duplexes, creating new single-family homes, or starting fresh with new construction. Additional possibilities include adding ADUs or converting the garage into living space. All development options, including lot splits, new home sites, and ADU conversions, will require city approval. With the right approach, this property offers the potential for a highly rewarding investment, allowing for rental income during the planning phase.

    Zillow last checked: 7 hours ago

    Listing updated: January 13, 2025 at 06:18pm

    Listing Provided by:

    Harout Khayalian DRE #01237831 626-390-2544,

    Lucent Properties

    Bought with:

    Harout Khayalian, DRE #01237831

    Lucent Properties

    Source: CRMLS,MLS#: PF24160855MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,486
    • Total interior livable area: 2,486 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Entry location: front
    • Pool features: None
    Lot
    • Size: 0.31 Acres
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 5744020008
    • Zoning: PSR6
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1941

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Street Lights, Suburban, Sidewalks, Urban
    Location
    • Region: Pasadena

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Conventional
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $1,551,800

    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

    $1,551,800