1001 E Villa St
Pasadena, CA 91106
The Villa · Multifamily Property For Sale · 37 Units

The Growth Investment Group as the exclusive listing agent is proud to offer THE VILLA, a 37-unit garden style apartment investment opportunity located in the highly desirable City of Pasadena, CA. The Villa is an attractive three-story garden style community with that was built in 1963 with ±35,720 SF building size and situated on a ±38,293 SF lot size. It has excellent curb appeal with mature trees in the front and a secured entrance. Walking into the courtyard area, tenants will enjoy a large and manicured courtyard that can be re-utilized as barbeque area, dog walking area, kids’ play area and other amenities. The Villa offers an excellent unit mix of 17 x 2bedroom+2bathroom, 7 x 2bedroom+1.5bathroom, and 13 x 1bedroom+1bathroom units. Each unit is large and bright with excellent layout. Each unit is separately metered for electricity and gas. Each unit has windows A/C, wall heating, plenty of linen cabinets, original kitchen cabinets, tiled kitchen countertops, and original bathroom. 7 units have private patios/balconies (unit# 1, 3, 4, 5, 6, 7, 8), some units have walk-in closets, floor to ceiling closet doors, updated vinyl windows. Parking is provided by tuck-under parking in the back and the side, and a detached carport in the back. There is a total of 39 parking spaces with 9 garage spaces on the side, 13 tuck under parking in the back, 15 spaces in a detached carport, and 2 open spaces. The property is serviced by master water heaters. Laundry is provided through a shared laundry area (laundry lease will be terminated at close of escrow; the building will be delivered without any laundry machine). The property is separately metered for electricity and gas. Amenities including secured entrance and gated parking, large courtyard area, bike rack, and others.