739 E Villa St - Apartments FOR SALE


Pasadena, CA 91101- Olive Heights
$2,325,000 USD
626-427-0786
739 E Villa St, Pasadena, CA for Sale
$2,325,000 USD
Apartments - FOR SALE
1/9
null | 5.12% Cap Rate

739 E Villa St
Pasadena, CA 91101
Olive Heights


HIGHLIGHTS

  • Located Minutes from Downtown Pasadena

OVERVIEW

Kristopher German & Alex Lin of The Apartment Dealer are proud to present this pride-of-ownership asset located in the heart of Pasadena. The subject property consists of a 2-Bedroom/1-Bathroom Single Family Residence on its own parcel and (4) Large 1-Bedroom/ 1-Bathroom units on their own parcel. Spanning over 4,666 of rentable square feet on a grand total of 10,750 square feet of land, an investor will have the flexibility of obtaining residential financing, perfect for an owner-user. Tenants enjoy on-site garage parking, individual washer and dryer hookups in ALL units and private balconies/patios. Tenants pay for electricity & gas while the owner pays for water and trash. The subject property offers a stable investment with a 5.12% cap rate and 14.23 GRM. Located just minutes from Downtown Pasadena and a block from the I-210 Fwy, this asset is positioned in a high-demand rental market with low turnover.

FOR SALE DETAILS

PRICE

$2,325,000 USD

PRICE/SF

$498 USD /SF

# OF UNITS

5

PRICE/UNIT

$465,000

CAP RATE

5.12%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

PSR2

APN/PARCEL ID

5731-017-006

ASK ABOUT THIS PROPERTY

Kristopher GermanThe Apartment DealerMore Info
626-427-0786

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Kristopher GermanThe Apartment DealerMore Info
626-427-0786

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.