$1,450,000
$1,488,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
10,750 Sqft Lot
SOLD DATE : 10/23/2024
Key Details
Sold Price $1,450,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-19145
Sold Date 10/23/24
HOA Y/N No
Year Built 1931
Lot Size 10,750 Sqft
Property Description
709 E Villa St is a prime triplex income property in the heart of Pasadena, offering a workshop (321 sqft) and two-car garage (332 sqft) with potential for ADU conversion. The front unit #709 is (662 sqft) with 1 bed, 1 bath, living room, and kitchen with dining area, with a potential rental income of $2,500/month. The middle unit #711 is (693 sqft), also with 1 bed, 1 bath, and a laundry room, with potential income of $2,500/month. The back unit #713 is (830 sqft) with 1 bed, a den, living room, kitchen, and dining room, with potential income of $3,200/month. The property offers an excellent opportunity for owner-occupancy in one unit while renting out the others. Located minutes from Old Town Pasadena's dining, shopping, and cultural scene, with easy access to freeways and public transportation, this property is situated in a quiet neighborhood near parks, schools, and amenities. A fantastic investment in a strong rental market.
Location
State CA
County Los Angeles
Area 646 - Pasadena (Ne)
Zoning PSR1
Interior
Heating Floor Furnace, Wall Furnace
Cooling None
Flooring Wood
Fireplace Yes
Appliance Free-Standing Range, Gas Oven, Gas Range, Water Heater
Laundry Washer Hookup
Exterior
Garage Driveway, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence None
Pool None
Community Features Sidewalks
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 2
Private Pool No
Building
Story One
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 5731017010
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Contract
Listing Terms Contract
Financing Cash
Special Listing Condition Standard
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Bought with Richard Schulman • KW Advisors
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "