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803 E Villa St
Pasadena, CA 91101
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Higher Allowable Rent Increases with Significant Value-Add Potential – Current Rents are Approximately 76% Below Market Rates.
- Excellent Pasadena Location – One Mile to Old Town Pasadena, Three Blocks to Playhouse District.
- Average Single Family Home Sales Price Exceeds $1,267,000 in Pasadena in Past Year.
- ** CAP and GRM are based on Pro Forma rents **
- Attractive Price per Square Foot Compared to Similar Recent Sales.
- Potential Development Opportunity – Large 13,221 Square Foot Lot.
Property Facts
| No. Units | 5 | Lot Size | 0.30 AC |
| Property Type | Multifamily | Building Size | 3,360 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1905/1922 |
| Building Class | C | ||
| Zoning | PSR1 - Single-Family Residential | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 3,360 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1905/1922 |
| Zoning | PSR1 - Single-Family Residential |
About 803 E VILLA ST , PASADENA, CA 91101
** CAP and GRM are based on Pro Forma rents **
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $780.00 | 500 |
| 1+1 | 3 | $1,075 | 620 |
| 2+2 | 1 | $1,300 | 1,000 |
Property Taxes
| Parcel Number | 5731-018-018 | Improvements Assessment | $49,980 |
| Land Assessment | $25,209 | Total Assessment | $75,189 |
Property Taxes
Parcel Number
5731-018-018
Land Assessment
$25,209
Improvements Assessment
$49,980
Total Assessment
$75,189
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