2359-2365 East Villa Street presents a unique opportunity for rental income with exciting development potential. The property sits on a 13,500 sq. ft. lot (100 ft. wide x 135 ft. deep) and includes two duplexes (1,264 sq. ft. each), a 700 sq. ft. garage, and a bonus utility/storage room, along with expansive open space for future enhancements. There is the potential for a lot split, providing an investor with a variety of development options, such as remodeling the existing duplexes, creating new single-family homes, or starting fresh with new construction. Additional possibilities include adding ADUs or converting the garage into living space. All development options, including lot splits, new home sites, and ADU conversions, will require city approval. With the right approach, this property offers the potential for a highly rewarding investment, allowing for rental income during the planning phase.
Property Details
Property Features
Property Information:
Year Built: 1941
Stories: 1
Listing Office:
Office Name: Lucent Properties
Office Phone: (626) 390-2544
Listing Agent: Harout Khayalian
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 4 spaces
Lot Features
Lot Information:
Lot Size: 0.31 Acres
Other
Directions Information:
Directions: West of Altdena Drive
Price Information
Listing Price Info
Price Summary:
List Price: $1,449,000
Tax Information:
Annual Amount: $4,081
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Pasadena, CA.
This property is $244.8K more than the Median Sold Price in Pasadena, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #PF24160855
Listing Office:
Office Name: Lucent Properties
Office Phone: (626) 390-2544
Listing Agent: Harout Khayalian
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, 10:21:08 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
$4,081
$276,916
2020
$3,953
$274,078
2019
$3,841
$268,704
2018
$3,785
$263,436
2017
$3,785
$258,272
History based on county public records data.
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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 school0.38 miles
Public District Grades KG-5
6
/10
Hamilton Elementary School
2089 Rose Villa St
Distance between this listing and this school0.99 miles
Public District Grades PK-5
6
/10
Daniel Webster Elementary School
2101 E Washington Blvd
Distance between this listing and this school1.06 miles
Public District Grades PK-5
Nearby Schools
3
/10
McKinley School
325 S Oak Knoll Ave
Distance between this listing and this school2.19 miles
Public District Grades KG-8
4
/10
Charles W. Eliot Arts Magnet Academy
2184 Lake Ave
Distance between this listing and this school2.55 miles
Public District Grades 6-8
9
/10
Henry E. Huntington Middle School
1700 Hntngtn Dr
Distance between this listing and this school2.63 miles
Public District Grades 6-8
Nearby Schools
2
/10
Learning Works
90 N Daisy Ave
Distance between this listing and this school0.71 miles
Public Charter Grades 7-12
7
/10
Pasadena High School
2925 E Sierra Madre Blvd
Distance between this listing and this school0.75 miles
Public District Grades 9-12
5
/10
Cis Academy
2925 E Sierra Madre Blvd
Distance between this listing and this school0.75 miles
The neighbors living near this home have an average income of $92,226. Typical income of Pasadena, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
This home is located at 2359 E Villa St in Pasadena, CA and zip code 91107 in the The Verdugos neighborhood. This home, which was built in 1941, sits on a 0.31 acre lot. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $1,449,000.
Over 38 listings were sold over their listed price in October 2024 in Pasadena, CA. In the same period over 37 listings were sold below the listed price and 10 listings were sold for the listed price. The number of listings in Pasadena, CA increased by 4.4% between September 2024 and October 2024. In October 2024 median list price was $1,204,134 and the average listing age was 40 days.
From Rocket Homes Real Estate and based on county public records data.