Address
803 East VILLA Street Pasadena, CA
Price
$ 1,500,000
Property Attributes
  • MLS#0020564618
  • TypeIncome
  • CountyLOS ANGELES
  • CityPasadena
  • AreaPasadena NE
  • Zip91101
  • Style
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.3 Acres
Listing Provided Courtesy Of:
Marcus & Millichap
Data Source:
California Desert Association of REALTORS
Property Description

The Craftsman-style property sits just three blocks from the Pasadena Playhouse District, and one mile from Old Town Pasadena, allowing tenants convenient access to some of the more vibrant shopping and dining areas in the city. Current rents sit far below the market rates in the area, allowing a new investor the potential to capitalize on the approximately 76% rent upside. Originally constructed in 1905, the building features many of the character accents often associated with iconic Pasadena Craftsman-style properties, including decorative windows, a covered front porch, overhanging eaves, exposed beams, fireplaces, and a pitched roof. There is ample parking, including individual garages, and the building is not on the seismic retrofit list (Buyer to verify). Tenants are within easy walking distance of the Metro Gold Line, with the Lake Avenue station just one block away. The Hat, known for its "World Famous Pastrami" sandwiches, is just three parcels east of the building.

Price History
9/16/2020 Listed $1,500,000

General Features

MLS Area 646 - Pasadena NE
Parking Features Assigned
Senior Community Y/N No
Zoning PSR1

Interior Features

Total Stories 2

Exterior Features

Land Lease Type Fee
Lot Size Acres 0.3
Lot Size Area 13222.0
Lot Size Square Feet 13222.0
Lot Size Units Square Feet
Numberofunitsbuildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91101

Price
AVG $2.98M
$1.5M
Visits
AVG 41
12
Year Built
AVG 1935
1905
Walkscore
AVG 86
84
Data Provided by Walkscore ® not using MLS data

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