2359 East Villa Street
$1,449,000
4
4
2,486
2,486
$583
Active Under Contract
Description
2359-2365 East Villa Street presents a unique opportunity for rental income with exciting development potential. The property sits on a 13,500 sq. ft. lot (100 ft. wide x 135 ft. deep) and includes two duplexes (1,264 sq. ft. each), a 700 sq. ft. garage, and a bonus utility/storage room, along with expansive open space for future enhancements. There is the potential for a lot split, providing an investor with a variety of development options, such as remodeling the existing duplexes, creating new...2359-2365 East Villa Street presents a unique opportunity for rental income with exciting development potential. The property sits on a 13,500 sq. ft. lot (100 ft. wide x 135 ft. deep) and includes two duplexes (1,264 sq. ft. each), a 700 sq. ft. garage, and a bonus utility/storage room, along with expansive open space for future enhancements. There is the potential for a lot split, providing an investor with a variety of development options, such as remodeling the existing duplexes, creating new single-family homes, or starting fresh with new construction. Additional possibilities include adding ADUs or converting the garage into living space. All development options, including lot splits, new home sites, and ADU conversions, will require city approval. With the right approach, this property offers the potential for a highly rewarding investment, allowing for rental income during the planning phase.
- Listed by Harout Khayalian • DRE #01237831 • Brokerage DRE #01237831 • Lucent Properties • 626-390-2544
Property Details for 2359 East Villa Street
Parking Spaces Total
4
Private PoolNo
Total Units4.0
Lot Size SourceAssessor
Property Attached YNtrue
Common Walls1 Common Wall
New ConstructionNo
Average Studio Area UnitsSquare Feet
LISTING UPDATED: 12/19/2024 12:16 AM
Property Details for 2359 East Villa Street
Status | Active Under Contract |
---|---|
MLS # | PF24160855 |
Days on Market | 91 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1941 |
Lot Size | 0.31 AC / 13,503 SF |
County | Los Angeles County |
Building Information for 2359 East Villa Street
Stories1Residences-Year Built1941Building Size-Lot Size0.31 AC / 13,503 SF
Property Information for 2359 East Villa Street
Property History for 2359 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 2359 East Villa Street
Taxable ValueLand$88,150Additions$205,712Total$293,862
Tax Record2024$4,419 ($368 / month)
Home Facts
Total Finished SqFt2,486 SqFtAbove Grade Finished SqFt2,486 SqFtLot Size13,499 SqFtStyleQuadraplexYear Built1941ZoningPSR6CountyLOS ANGELESAPN5744-020-008
Schools near 2359 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 |
---|---|---|
Norma Coombs Elementary PublicK to 5 | ||
Woodrow Wilson 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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