739 East Villa Street

Pasadena, CA 91101

$2,070,000
Last Sold Price
4
Beds
4
Baths
3,730 Sq. Ft.
$555 / Sq. Ft.
3,730
Sq. Ft.
$555
per Sq. Ft.

Description

The property located at 739 E. Villa St. is rare opportunity for investors to acquire an attractive 4-unit apartment building in the highly desirable location in the City of Pasadena. Built in 1924 and maintained extremely well by the current owners, the building offers approx. 3,730sf and is situated on an 8,246sf lot. Each the units offer 1-bedroom and 1-bath, measuring approx. 935sf in size and each unit offers a large living and dining area, a decorative fireplace, gleaming wood floors, high-end...The property located at 739 E. Villa St. is rare opportunity for investors to acquire an attractive 4-unit apartment building in the highly desirable location in the City of Pasadena. Built in 1924 and maintained extremely well by the current owners, the building offers approx. 3,730sf and is situated on an 8,246sf lot. Each the units offer 1-bedroom and 1-bath, measuring approx. 935sf in size and each unit offers a large living and dining area, a decorative fireplace, gleaming wood floors, high-end built-in appliances in the kitchens including dishwashers, and an individual laundry room with a washer/dryer in each unit. The building offers numerous updates throughout including earthquake retrofitting, updated lighting and plumbing, ceiling fans, updated bathrooms, window a/c units and a tankless water heater in unit 743 are just a few. Each unit is separately metered for electricity and gas. Parking is provided by the individual detached garages in the back, which are easily accessed by the individual rear doors found in each unit. Well-built and full of charm throughout, and easy to maintain, the property is located just a block away from Lake Ave and within walking distance to myriad of shopping and other amenities on Lake Ave. It is within minutes from Old Town Pasadena, local shops such as The Paseo on Colorado, and many other amenities that Pasadena has to offer. The 210 Freeway and the 110 Freeway that connects to Downtown Los Angeles are both within proximity.
745 E. Villa St. is a 2-bed/1bath single home measuring approx.. 950sf. is also for sale and is located directly behind this property. Both escrows to close concurrently. Please see MLS#22108298

Listing Agent

  1. Luther Tsinoglou

    Luther Tsinoglou

    Listing Agent

    Compass

    DRE #01135433

Property Details for 739 East Villa Street

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3730
Assessor Parcel Number
5731-017-006
Property Attached YN
true

Location

Listing Courtesy of DPP, Luther Tsinoglou, DRE #01135433

Sold By DPP, Luther Tsinoglou, DRE #01135433

Add your commute
LISTING UPDATED: 07/09/2022 02:51 AM

Property Details for 739 East Villa Street

StatusClosed
MLS #AR22108014
Days on Market34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
CountyLos Angeles County

Location

Listing Courtesy of DPP, Luther Tsinoglou, DRE #01135433

Sold By DPP, Luther Tsinoglou, DRE #01135433

Add your commute

Building Information for 739 East Villa Street

Building/Complex739 E Villa StFloor-Stories2Residences-Pet Policy-Year Built1924Building Size-

Payment Calculator

$13,298 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,297

Property Taxes

$2,001

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 739 East Villa Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $112,800
  • Gross Scheduled Income: $112,800
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $109,416
  • Net Operating Income: $98,536
  • Financing: Cash
Expense Details
  • Operating Expense: $10,880
  • Gardener Expense: $1,800
  • Pest Control Expense: $1,980
  • Insurance Expense: $2,000
  • Trash Expense: $1,600
  • Water Sewer Expense: $3,500
  • Total Expenses: $10,880
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 4622.01
  • CFD/Mello-Roos Fee: $1,016
  • Tax Lot: 5
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard, Level with Street, Near Public Transit
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Electric: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage, Shared Driveway
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage, Garage Faces Side, Shared Driveway
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,400
  • Unit Type Total Rent: $2,400
  • Unit Type Pro Forma: 2750
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,400
  • Unit Type Total Rent: $2,400
  • Unit Type Pro Forma: 2750
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,350
  • Unit Type Total Rent: $2,350
  • Unit Type Pro Forma: 2750
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,250
  • Unit Type Total Rent: $2,250
  • Unit Type Pro Forma: 2750
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 739 East Villa Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 739 East Villa Street

Taxable ValueLand$1,552,000Additions$518,460Total$2,070,460
Tax Record2023$24,012 ($2,001 / month)
Home Facts
Total Finished SqFt3,730 SqFtAbove Grade Finished SqFt3,730 SqFtLot Size8,246 SqFtStyleQuadraplexYear Built1924ZoningPSR1CountyLOS ANGELESAPN5731-017-006

Schools near 739 East Villa Street

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Madison Elementary School
PublicK to 5

Octavia E. Butler Magnet School
Public6 to 8

John Muir High School
Public9 to 12

Rose City High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DPP, Luther Tsinoglou, DRE #01135433

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.