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Listed by Kristopher German • RE/MAX 2000 REALTY
$2,325,000
Est. payment /mo
10,750 Sqft Lot
Price Dropped by $170K
739 E Villa ST Pasadena, CA 91101
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV25030247
Originating Board California Regional MLS
Year Built 1924
Lot Size 10,750 Sqft
Property Description
We are proud to present this pride-of-ownership asset located in the heart of Pasadena. The subject property consists of a 2-Bedroom/1-Bathroom Single Family Residence on its own parcel and (4) Large 1-Bedroom/ 1-Bathroom units on their own parcel. Spanning over 4,666 of rentable square feet on a grand total of 10,750 square feet of land, an investor will have the flexibility of obtaining residential financing, perfect for an owner-user. Tenants enjoy on-site garage parking, individual washer and dryer hookups in ALL units and private balconies/patios. Tenants pay for electricity & gas while the owner pays for water and trash. The subject property offers a stable investment with a 5.12% cap rate and 14.23 GRM. Located just minutes from Downtown Pasadena and a block from the I-210 Fwy, this asset is positioned in a high-demand rental market with low turnover.
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Interior
Laundry Other
Exterior
Parking Features Assigned Spaces
Garage Spaces 5.0
Pool 31, None
View None
Building
Water District - Public
Others
Tax ID 5731017006
Special Listing Condition Not Applicable
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