Pasadena, CA 91107,2359 E Villa Street
Pasadena, CA 91107,2359 E Villa Street
Pasadena, CA 91107,2359 E Villa Street
Pasadena, CA 91107,2359 E Villa Street
Pasadena, CA 91107,2359 E Villa Street
Pasadena, CA 91107,2359 E Villa Street
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$1,350,000

$1,449,000

6.8%
Est.Price: ?

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Est. payment /mo

4 Beds

4 Baths

0.31 Acres Lot


SOLD DATE : 12/24/2024

Key Details

Sold Price $1,350,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PF24160855

Sold Date 12/24/24

Bedrooms 4

HOA Y/N No

Lot Size 0.310 Acres

Property 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 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.
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.

Location

State CA

County Los Angeles

Area Pasadena (91107)

Zoning Assessor

Building

Lot Description Sidewalks

Story 1

Level or Stories 1 Story

Others

Monthly Total Fees $99

Acceptable Financing Cash, Conventional

Space Rent $1,610

Listing Terms Cash, Conventional

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San Diego Regional MLS (SDMLS)
Listed by Harout Khayalian • Lucent Properties
Bought with Harout Khayalian • Lucent Properties
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