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.
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
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#: PF24160855
Originating 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