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1830 E Villa Street, Pasadena, CA 91107
$1,875,000
1830 E Villa Street, Pasadena, CA 91107View this property at 1830 E Villa Street, Pasadena, CA 91107
1830 E Villa StreetPasadenaCA91107
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Property Description
Motivated seller, submit your reasonable offer. Excellent investment opportunity in the heart of Pasadena, a two story apartment with total eight units, all one bedroom and one bathroom. Cap rate is 5.26% and gross multiplier is 14.26. Great cash flow. Each unit is around 440 Sqft, smaller than regular one bedroom apartment but it has a high rental demand. Purchase price is less than $250K per unit. Four carports plus four parking spaces. Individual hot water boilers, all changed within 5 years. All units have individual electrical and gas meters, updated kitchen countertops and cabinets, updated bathtubs and toilets, copper plumbing; well-maintained included the roof, deck, and stairway. On-site laundry, washers and dryers owned by seller to generate an extra income. Located in a nice neighborhood, close to Freeway 210. Very convenient to either daily life or various entertaining activities with Pasadena's dynamic SoCal lifestyle. Such an attractive real estate to own! Drive by only, please don't disturb tenants, offer subject to interior inspection. Contact listing broker for offering memorandum.
Full Property Details
Full Property Details for 1830 E Villa St
General
- Sold For: $1,875,000
- Status: Closed
- Type: Multi-Family
- MLS ID: WS21159927
- Added to Site: 1, 024 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Parking
- Parking Features: Carport, Driveway, Parking Space
- Parking: Carport, Driveway, Parking Space
Location
- Area: 646 - Pasadena (NE)
- County: Los Angeles
- Development Name: 646 - Pasadena (NE)
- Driving Directions: Allen Ave cross Villa St
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
Utilities
- Water: Public
- # Water Meters: 1
- # Gas Meters: 9
- # Electric Meters: 9
Structural Information
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,520
- Year Built: 1954
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 4
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1726
- Lot Size Source: Assessor
- Zoning: PSR1
- Lot Description: Front Yard
Financial Considerations
- Price Per Sq. Ft.: $532.67
- Price Per Unit: 237500
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed and Sold by Treeline Realty, DORESA WANG
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Schools
Schools serving 1830 E Villa St
School District:Pasadena Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
Jefferson Elementary School, Pasadena, CA
1500 E Villa St, Pasadena, CA 91106 | PK-5 | 0.4 mi | |
2184 Lake Ave, Altadena, CA 91001 | 6-8 | 2.3 mi | |
2925 E Sierra Madre Blvd, Pasadena, CA 91107 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1830 E Villa St
Date
Details
Price
Change
Source
2/07/2022
Sold
$1,875,000
-1.32%
MLS
10/20/2021
Price Reduced
$1,900,000
-2.56%
MLS
8/09/2021
Price Reduced
$1,950,000
-1.52%
MLS
7/21/2021
Listed
$1,980,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1830 E Villa Street, Pasadena, CA 91107 (MLS# WS21159927) is a Multi-Family property that was sold at $1,875,000 on February 07, 2022. Want to learn more about 1830 E Villa Street? Do you have questions about finding other Multi-Family real estate for sale in Pasadena? You can browse all Pasadena real estate or contact a Coldwell Banker agent to request more information.