Pasadena, CA 91107,2359 E Villa Street
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Pasadena, CA 91107,2359 E Villa Street
Pasadena, CA 91107,2359 E Villa Street
Pasadena, CA 91107,2359 E Villa Street
Pasadena, CA 91107,2359 E Villa Street
Listed by Harout Khayalian • Lucent Properties
Bought with Harout Khayalian • Lucent Properties

$1,350,000

Est. payment /mo

$1,449,000

6.8%
Est.Price: ?

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2359 E Villa Street Pasadena, CA 91107

2,486 SqFt

SOLD DATE : 12/24/2024

Key Details

Sold Price $1,350,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,486 sqft

Price per Sqft $543

MLS Listing ID CRPF24160855

Sold Date 12/24/24

HOA Y/N No

Originating Board Datashare California Regional

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

Interior

Fireplace No

Laundry No Hookups

Building

Water Public

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Bay East AOR and Contra Costa AOR
agent

Luis Vasquez

Agent | License ID: 02083319

+1(650) 200-8722

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