5.67% CAP, 12.15 GRM ON CURRENT RENTS! REMODELED UNITS, FULL COPPER PLUMBING, UPDATED ELECTRICAL, TANK-LESS WATER HEATERS, MINI-SPLIT & CENTRAL AC SYSTEMS, ROOFS UPDATED, A TON OF ATTENTION TO DETAIL IN REMODELS. NO Soft-Story Retrofit. We are pleased to present this 9-unit apartment that will yield a solid return for the new buyer. The property has been very thoughtfully updated offer modern comfort and convenience all while preserving the original character and charm that so many appreciate and seek out in a property. The unit mix consists of Three 2 Bed + 1 bath units; Two 1 Bed + 1 bath units and Four Studio + 1 bath units. Couple the retro and timeless look of this property with being surrounded by single family homes and it makes sense why it features high occupancy with high rents. There are currently six on-site, parking spaces and property is separately metered for gas and electricity. A well updated, meticulously managed by the ownership and still has upside growth and potential for a new owner make this an investment not to pass up. PLEASE DO NOT DISTURB THE TENANTS.
This property is $1.6M more than the Median Sold Price and $263/SqFt less than other homes in Pasadena, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24413791
Listing Office:
Office Name: Realty Investment Advisors, Inc.
Listing Agent: Alexander Metaxas
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$20,591
$1,754,756
2020
$19,838
$1,736,319
2019
$20,130
$1,702,274
2018
$19,909
$1,668,897
2017
$19,909
$1,636,175
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Norma Coombs Elementary School
2600 Paloma St
Distance between this listing and this school0.76 miles
Public District Grades KG-5
6
/10
Hamilton Elementary School
2089 Rose Villa St
Distance between this listing and this school0.89 miles
Public District Grades PK-5
6
/10
Daniel Webster Elementary School
2101 E Washington Blvd
Distance between this listing and this school1.08 miles
Public District Grades PK-5
Nearby Schools
3
/10
McKinley School
325 S Oak Knoll Ave
Distance between this listing and this school1.79 miles
Public District Grades KG-8
4
/10
Charles W. Eliot Arts Magnet Academy
2184 Lake Ave
Distance between this listing and this school2.34 miles
Public District Grades 6-8
4
/10
Washington STEAM Multilingual Academy
1505 N Marengo Ave
Distance between this listing and this school2.49 miles
Public District Grades 6-8
Nearby Schools
6
/10
Marshall Fundamental
990 N Allen Ave
Distance between this listing and this school0.66 miles
Public District Grades 6-12
2
/10
Learning Works
90 N Daisy Ave
Distance between this listing and this school1.04 miles
Public Charter Grades 7-12
7
/10
Pasadena High School
2925 E Sierra Madre Blvd
Distance between this listing and this school1.12 miles
The neighbors living near this home have an average income of $82,622. The most common annual income of people living in Pasadena, CA is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1998 E Villa St
What is the listing price of this property?
The listing price of 1998 E Villa St property is $2,888,000.
What type of property is this?
The property 1998 E Villa St is a house located in Pasadena, California, 91107.
Is this property for sale now?
Active Listing: 1998 E Villa St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $20,591 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1998 E Villa St has 8 bedrooms and 9 bathrooms.
What is the square footage of this property?
The property 1998 E Villa St is 5,750 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1998 E Villa St is 1935.
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This home is located at 1998 E Villa St in Pasadena, CA and zip code 91107 in the The Verdugos neighborhood. This 5,750 square foot home, which was built in 1935, sits on a 0.22 acre lot. Features: 8 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $2,888,000.
While more than 38 listings in Pasadena, CA in October 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 37 were sold below. The number of homes for sale in Pasadena, CA increased by 4.4% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,204,134, while the average time on the real estate market was 40 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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