1830 E Villa Street, Pasadena, CA 91107

$1,980,000
List Price
$1,980,000
Status
ACTIVE
MLS#
WS21159927
Year Built
1954
Lot Size
7,517
Acres
0.17
Lot Location
Front Yard
Days on Market
13
Property Type
Multifamily
Stories
Two Levels

Property Description

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% and gross multiplier is 15. Great cash flow with stable tenants, four carports plus four parking spaces. Individual hot water boilers, all changed within 3 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 with 2 washers and 2 dryers, own 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.

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Sewer
Unknown
Water
Public
Number Of Units Total
8
Gross Scheduled Income
$131,460
Operating Expense
9136

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of DORESA WANG from TREELINE REALTY

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.