$2,888,000
- Beds
- 8
- sq ft
- 5,750
1998 E Villa St, Pasadena, CA 91107
1998 E Villa St
Pasadena, CA 91107
- 135 days on market
- Price drop $112,000↓
5.67% CAP, 12.15 GRM ON CURRENT RENTS! 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.
Details
Property type
Property condition
Updated/Remodeled
Lot size
9,417 sq ft
Price per sq ft
$503
Year built
1935
HOA
No
Price History
10/03/2024
CLAW #24413791
Price change
$2,888,000
-3.73%
08/21/2024
CLAW #24413791
Listed
$3,000,000
08/19/2024
CLAW #24413791
Removed
$3,000,000
Schools & Community
Neighborhood:
Mid Central
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 11/22/2024 at 4:20 PM
Listing updated: 10/29/2024 at 4:55 PM
Listed by: Alexander Metaxas, Realty Investment Advisors, Inc.
MLS: CLAW #24413791
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