1998 East Villa Street
$2,888,000
8
9
5,750
5,750
$502
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...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.
Property Details for 1998 East Villa Street
Zoning
PSC-
StyleArchitectural
Parcel Number5745002037
Total Units9.0
Living Area5750
Source Living AreaAssessor
AreaPasadena NE (646)
Vacancy Rate0
LISTING UPDATED: 10/29/2024 04:34 PM
Property Details for 1998 East Villa Street
Status | Active |
---|---|
MLS # | 24-413791 |
Days on Market | 112 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1935 |
Lot Size | 0.22 AC / 9,417 SF |
County | Los Angeles County |
Building Information for 1998 East Villa Street
Stories2Residences-Year Built1935Building Size-Lot Size0.22 AC / 9,417 SF
Property Information for 1998 East Villa Street
Property History for 1998 East Villa Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1998 East Villa Street
Taxable ValueLand$1,119,367Additions$742,765Total$1,862,132
Tax Record2024$22,392 ($1,866 / month)
Home Facts
Total Finished SqFt5,750 SqFtAbove Grade Finished SqFt5,750 SqFtLot Size9,414 SqFtStyleMulti-Family Res (5+ Units)ZoningPSC-CountyLOS ANGELESAPN5745-002-037
Schools near 1998 East Villa Street
This home is within Pasadena Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Jefferson Elementary School PublicK to 5 | ||
Charles W. Eliot Middle School Public6 to 8 | ||
Pasadena High School Public9 to 12 | ||
Aveson Global Leadership Academy Charter6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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