Lupita 4 Homes DRE 01915462
Address
1830 E Villa Street Pasadena, CA
Price
$ 1,900,000
Property Attributes
  • MLS#WS21159927
  • TypeContingent
  • CountyLOS ANGELES
  • CityPasadena
  • AreaPasadena
  • Zip91107
  • Style
  • Price$ 1,900,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage3520
  • Lot Size7,517 SqFt
Listing Provided Courtesy Of:
DORESA WANG with TREELINE REALTY - 626-877-6866
Data Source:
California Regional MLS (CRMLS)
Property Description

Motivated seller, submit your reasonable offer. Excellent investment opportunity in the heart of Pasadena, a two story apartment with total eight units, all one bedroom and one bathroom. Cap rate is 5.26% and gross multiplier is 14.26. Great cash flow. Each unit is around 440 Sqft, smaller than regular one bedroom apartment but it has a high rental demand. Purchase price is less than $250K per unit. Four carports plus four parking spaces. Individual hot water boilers, all changed within 5 years. All units have individual electrical and gas meters, updated kitchen countertops and cabinets, updated bathtubs and toilets, copper plumbing; well-maintained included the roof, deck, and stairway. On-site laundry, washers and dryers owned by seller to generate an extra income. Located in a nice neighborhood, close to Freeway 210. Very convenient to either daily life or various entertaining activities with Pasadena’s dynamic SoCal lifestyle. Such an attractive real estate to own! Drive by only, please don’t disturb tenants, offer subject to interior inspection. Contact listing broker for offering memorandum.

Price History
7/22/2021 Listed $1,980,000
8/13/2021 2% - $1,950,000
10/20/2021 3% - $1,900,000

General Features

Carport Spaces 4
Carport Y/N Yes
Community Features Sidewalks
Cooling Wall/Window Unit(s)
Levels Two
Listing Agent DORESA WANG - BRE#01523172
Listing Agent State License 01523172
Lot Size Square Feet 7517
MLS Area 646 - Pasadena (NE)
Open Parking Spaces 4
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Senior Community Y/N No
Sewer Unknown
Special Listing Conditions Standard
Status Active Under Contract
Stories 2
Terms Cash, Cash to New Loan
Total Actual Rent 10950
Total Units 8
Water Sewer Expense 4000
Zoning PSR1

Interior Features

Air Conditioning Y/N Yes
Common Walls 2+ Common Walls
Laundry Features Common Area

Exterior Features

Lot Features Front Yard
Lot Size Acres 0.17
Lot Size Area 7517
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 9
Number of Separate Gas Meters 9
Number of Separate Water Meters 1
Parking Features Carport, Driveway, One Space
Total Parking 8
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 91107

Price
AVG $1.07M
$1.9M
Visits
AVG 51
17
Year Built
AVG 1952
1954
Walkscore
AVG 64
84
Data Provided by Walkscore ® not using MLS data

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