$2,195,000
For more information regarding the value of a property, please contact us for a free consultation.
8,245 Sqft Lot
SOLD DATE : 07/08/2022
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR22108014
Sold Date 07/08/22
HOA Y/N No
Year Built 1924
Lot Size 8,245 Sqft
Property Sub-Type Apartment
Property Description
The property located at 739 E. Villa St. is rare opportunity for investors to acquire an attractive 4-unit apartment building in the highly desirable location in the City of Pasadena.
Built in 1924 and maintained extremely well by the current owners, the building offers approx. 3,730sf and is situated on an 8,246sf lot. Each the units offer 1-bedroom and 1-bath, measuring approx. 935sf in size and each unit offers a large living and dining area, a decorative fireplace, gleaming wood floors, high-end built-in appliances in the kitchens including dishwashers, and an individual laundry room with a washer/dryer in each unit. The building offers numerous updates throughout including earthquake retrofitting, updated lighting and plumbing, ceiling fans, updated bathrooms, window a/c units and a tankless water heater in unit 743 are just a few. Each unit is separately metered for electricity and gas. Parking is provided by the individual detached garages in the back, which are easily accessed by the individual rear doors found in each unit. Well-built and full of charm throughout, and easy to maintain, the property is located just a block away from Lake Ave and within walking distance to myriad of shopping and other amenities on Lake Ave. It is within minutes from Old Town Pasadena, local shops such as The Paseo on Colorado, and many other amenities that Pasadena has to offer. The 210 Freeway and the 110 Freeway that connects to Downtown Los Angeles are both within proximity.
745 E. Villa St. is a 2-bed/1bath single home measuring approx.. 950sf. is also for sale and is located directly behind this property. Both escrows to close concurrently. Please see MLS#22108298
Location
State CA
County Los Angeles
Area 646 - Pasadena (Ne)
Zoning PSR1
Interior
Fireplace No
Laundry Inside
Exterior
Parking Features Garage, Shared Driveway, Garage Faces Side
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
Total Parking Spaces 4
Private Pool No
Building
Lot Description Front Yard, Near Public Transit, Street Level
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5731017006
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Luther Tsinoglou DPP
