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Sold for $2,888,000
  • $2,888,000

    1998 E Villa St, Pasadena, CA 91107

    8beds
    9baths
    5,750sqft
    Multi Family
    Built in 1935
    -- sqft lot
    $2,855,200 Zestimate®
    $502/sqft
    $2,901 Estimated rent

    Home value

    $2,855,200

    $2.57M - $3.17M

    $2,901/mo

    Zestimate® history
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    What's special

    Remodeled unitsFull copper plumbingTank-less water heaters
    5.72% CAP, 12.07 GRM ! 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alexander Metaxas DRE # 01784652 626-313-4901,

    Realty Investment Advisors, Inc.,

    Benjamin J. Hsiang DRE # 01438644 424-377-6001,

    Realty Investment Advisors, Inc.

    Bought with:

    Alain Babaian, DRE # 01890396

    Americana Real Estate Services

    Source: CLAW,MLS#: 24-413791MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 9
    Heating
    • Forced Air, Electric, Wall
    Cooling
    • Wall Unit(s), Electric
    Appliances
    • Included: Range, Microwave, Dishwasher, Range/Oven, Refrigerator, Tankless Water Heater
    • Laundry: Laundry Room
    Interior area
    • Total structure area: 5,750
    • Total interior livable area: 5,750 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: Multi/Split
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 9,417 Square Feet
    Details
    • Additional structures: None
    • Zoning: PSC-
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Architectural
    • Property subtype: Multi Family
    Condition
    • Updated/Remodeled
    • Year built: 1935

    Community & HOA

    Community
    • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
    Location
    • Region: Pasadena

    Financial & listing details

    • Price per square foot: $502/sqft
    • Tax assessed value: $1,825,179
    • Date on market: 7/11/2024

    Price history

    DateEventPrice
    2/7/2025Sold$2,888,000$502/sqft
    Source: CLAW #24-413791 Report a problem
    12/7/2024Contingent$2,888,000$502/sqft
    Source: CLAW #24-413791 Report a problem
    10/3/2024Price change$2,888,000-3.7%$502/sqft
    Source: CLAW #24-413791 Report a problem
    7/11/2024Listed for sale$3,000,000$522/sqft
    Source: CLAW #24-413791 Report a problem
    6/6/2015Listing removed$1,050
    Source: SGV Management, LLC Report a problem
    5/30/2015Price change$1,050-8.7%
    Source: SGV Management, LLC Report a problem
    5/8/2015Price change$1,150-3.8%
    Source: SGV Management, LLC Report a problem
    4/24/2015Listed for rent$1,195
    Source: SGV Management Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Mid Central

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,855,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,855,200