Address
803 E Villa Street Pasadena, CA
Price
$ 1,500,000
Property Attributes
  • MLS#20564618
  • TypeIncome
  • CountyLOS ANGELES
  • CityPasadena
  • AreaPasadena
  • Zip91101
  • Style
  • Price$ 1,500,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms0
Listing Provided Courtesy Of:
Roderick 'Rick' Raymundo with Marcus & Millichap.
Data Source:
CRMLS
Property Description

The Craftsman-style property sits just three blocks from the Pasadena Playhouse District, and one mile from Old Town Pasadena, allowing tenants convenient access to some of the more vibrant shopping and dining areas in the city. Current rents sit far below the market rates in the area, allowing a new investor the potential to capitalize on the approximately 76% rent upside. Originally constructed in 1905, the building features many of the character accents often associated with iconic Pasadena Craftsman-style properties, including decorative windows, a covered front porch, overhanging eaves, exposed beams, fireplaces, and a pitched roof. There is ample parking, including individual garages, and the building is not on the seismic retrofit list (Buyer to verify). Tenants are within easy walking distance of the Metro Gold Line, with the Lake Avenue station just one block away. The Hat, known for its "World Famous Pastrami" sandwiches, is just three parcels east of the building.

Price History
3/17/2020 Listed $1,500,000

General Features

MLS Area 646 - Pasadena (NE)
Parking Features Assigned
Property Type Residential Income
Total Units 5
Zoning PSR1

Exterior Features

Lot Size Area 13222
Lot Size Square Feet 13222
Lot Size Units Square Feet
Number of Buildings 1

Amenities

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

Property vs Zip Code Average in 91101

Price
AVG $2.59M
$1.5M
Visits
AVG 58
234
Year Built
AVG 1931
1905
Walkscore
AVG 85
84
Data Provided by Walkscore ® not using MLS data

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