1302 E Villa Street
Pasadena, CA 91106
- – beds
- – baths
- – sqft
- 9,202 sqft lot
- 1923 build
- 79 days on site
GET INTO YOUR NEW INVESTMENT WITH A LOWER PAYMENT! 1302 E Villa St, Pasadena, CA 91106 Now Only $1,375,000 REDUCED MONTHLY PAYMENTS WITH A SELLER BUY-DOWN! Your Opportunity Awaits: Seller is offering a rate buy-down option, reducing your interest rate from 7% to 5.125% for the first year or two! This can save you up to $900 per month on your payments! How Does This Work? Instead of overpaying for monthly interest, our seller buy-down puts money back in your pocket. It's like a 0% financing deal for your real estate investment. Forget hesitation your payments just got a lot more affordable. PROPERTY HIGHLIGHTS: * 3-Unit Multifamily Property: Single-family home + duplex each unit with private entrances.* $458,333/Unit: Incredible value in one of Pasadena's most sought-after areas.* 4.60% Cap Rate: Great income potential for investors.* Prime Location: Minutes from Old Town Pasadena, Rose Bowl, and top schools like Caltech.* Ample Parking: 7 spaces, including 3 garagesperfect for ADU conversions.* Flexible Tenancy: Month-to-month leases with potential for vacancy at COE.* Value-Add Potential: R6 Zoning redevelopment opportunities for savvy investors. LOCATION ADVANTAGES: Quiet, tree-lined street near the best of Pasadena shopping, dining, and entertainment.* Excellent access to the 110 and 210 Freeways for commuters.* Walking distance to public transportation and Pasadena's vibrant Colorado Boulevard. BUY WITH CONFIDENCE: No need to let today's rates hold you back. With this seller buy-down option, you can own this exceptional property without stretching your budget. Monthly savings go toward building equity, not just paying interest. Don't miss out on this rare opportunity to own a prime triplex in Pasadena with built-in affordability. Call or email Robyn Calvin at 310-751-8850/robynsellsla@gmail.com today for more details and to schedule a private tour!Your Dream Investment is Closer Than You Think. Let's Make It Happen!
Listed By CRMLS_CA / Robyn Calvin / Robyn Calvin
Last checked:
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Last updated Jan 9, 2025
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MLS# 24455327 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1923
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New Construction:No
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Construction Materials:Stucco
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Building Area Total:2927.00
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Total Number Of Units:3
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# of Buildings:2
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Architectural Style:Spanish
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Stories Total:1
Interior
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Levels:One
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Entry Location:Ground Level w/steps
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Room Type:Living Room
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Fireplace:Yes
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Fireplace:Living Room
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Laundry:In Closet, Community
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Laundry:1
Location
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Directions:From the 210 Fwy head west on E Maple St towards Hill Ave. Turn right at the first cross-street onto N Hill Ave. Left on E Villa St.
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Latitude:34.15401700
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Longitude:-118.12348700
The Property
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Property Type:Residential Income
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Property Condition:Repairs Cosmetic
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Zoning:PSR6
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Lot Features:Back Yard, Front Yard, Yard
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Lot Size Area:9202.0000
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Lot Size Acres:0.2112
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Lot Size SqFt:9202.00
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View:None
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5739002047
Heating & Cooling
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Heating:1
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Heating:Natural Gas
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Cooling:No
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Cooling:None
Utilities
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Sewer:Sewer Paid
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Water Source:Public
Appliances
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Appliances:Gas Oven, Oven, Gas Cooktop
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Included:Yes
The Community
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Inclusions:All appliances
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Driveway, Garage - Three Door, Assigned
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Parking Spaces:3.00
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Garage Spaces:3.00
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Uncovered Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/21/24
Oct 21, 2024
|
Listed / Active | CRMLS_CA | $1,375,000 | 52.9% (6.4% / YR) |
7/19/16
Jul 19, 2016
|
CRMLS_CA | $899,200 |