CA > Pasadena
Pasadena, CA 91107,1998 E Villa St
Pasadena, CA 91107,1998 E Villa St
Pasadena, CA 91107,1998 E Villa St
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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$2,888,000
Est. payment /mo
8 Beds
9 Baths
5,750 SqFt
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UPDATED:

10/29/2024 11:34 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,750 sqft

Price per Sqft $502

MLS Listing ID 24-413791

Style Architectural

Bedrooms 8

Construction Status Updated/Remodeled

Year Built 1935

Lot Size 9,417 Sqft

Acres 0.2162

Property Description

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.

Location

State CA

County Los Angeles

Area Pasadena Ne

Zoning PSC-

Rooms

Other Rooms None

Interior

Heating Forced Air, Electric, Wall

Cooling Wall Unit(s), Electric

Equipment Dishwasher, Microwave, Range/Oven, Refrigerator

Laundry Room

Exterior

Garage Driveway

Garage Spaces 7.0

Pool None

Building

Story 2

Architectural Style Architectural

Level or Stories Multi/Split

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Realty Investment Advisors, Inc.

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Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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