$1,449,000
2359 E Villa ST Pasadena, CA 91107
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$1,449,000
Est. payment /mo
0.31 Acres Lot
Price Dropped by $100K
2359 E Villa ST Pasadena, CA 91107
UPDATED:
10/17/2024 04:06 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPF24160855
Originating Board California Regional MLS
Year Built 1941
Lot Size 0.310 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area 646 - Pasadena (Ne)
Interior
Laundry None
Exterior
Garage Spaces 4.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 5744020008
Special Listing Condition Not Applicable
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Listed by Harout Khayalian • Lucent Properties
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