739 Villa Street, Pasadena, CA 91101
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- MLS#: CV25030247 ( Apartment )
- Street Address: 739 Villa Street
- Viewed: 1
- Price: $2,495,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1924
- Bldg sqft: 0
- Days On Market: 22
- Additional Information
- County: LOS ANGELES
- City: Pasadena
- Zipcode: 91101
- Provided by: RE/MAX 2000 REALTY
- Contact: Kristopher Kristopher
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DescriptionWe are proud to present this pride of ownership asset located in the heart of Pasadena. The subject property consists of a 2 Bedroom/1 Bathroom Single Family Residence on its own parcel and (4) Large 1 Bedroom/ 1 Bathroom units on their own parcel. Spanning over 4,666 of rentable square feet on a grand total of 10,750 square feet of land, an investor will have the flexibility of obtaining residential financing, perfect for an owner user. Tenants enjoy on site garage parking and individual washer and dryer hookups in ALL units. Tenants pay for electricity & gas while the owner pays for water and trash. The subject property offers a stable investment with a 4.51% cap rate and 15.58 GRM. One unit to be delivered vacant. Located just minutes from Downtown Pasadena and a block from the I 210 Fwy, this asset is positioned in a high demand rental market with low turnover.
Property Location and Similar Properties
Features
Additional Parcels Description
- 5731017005
Building Area Total
- 4666.00
Commoninterest
- Community Apartment
Common Walls
- 2+ Common Walls
Country
- US
Days On Market
- 17
Entry Location
- Ground
Fencing
- Average Condition
Garage Spaces
- 5.00
Gardner Expense
- 1440.00
Insurance Expense
- 4677.00
Laundry Features
- Inside
Levels
- Two
Lot Features
- 0-1 Unit/Acre
Netoperatingincome
- 112561.00
Parcel Number
- 5731017006
Parking Features
- Assigned
Pool Features
- None
Postalcodeplus4
- 1236
Professionalmanagementexpense
- 0.00
Property Type
- Apartment
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 431946573:CRM
Spa Features
- None
Tenant Pays
- Gas
Totalexpenses
- 39549.00
Trash Expense
- 0.00
Utilities
- Electricity Available
- Water Available
Vacancyallowance
- 8006
View
- None
Water Sewer Expense
- 2862.00
Water Source
- Public
Year Built
- 1924
Year Built Source
- Assessor
Zoning
- PSR1