Pasadena, CA 91107,2359 E Villa ST
Pasadena, CA 91107,2359 E Villa ST
Pasadena, CA 91107,2359 E Villa ST
Pasadena, CA 91107,2359 E Villa ST
Pasadena, CA 91107,2359 E Villa ST
Pasadena, CA 91107,2359 E Villa ST
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$ 1,449,000
Est. payment | /mo

0.31 Acres Lot


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$ 1,449,000
Est. payment | /mo
Save

0.31 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID PF24160855

HOA Y/N No

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

Area 646 - Pasadena (Ne)

Zoning PSR6

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Street Lights, Suburban, Sidewalks, Urban

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5744020008

Acceptable Financing Cash, Cash to Existing Loan, Conventional

Listing Terms Cash, Cash to Existing Loan, Conventional

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Harout Khayalian • Lucent Properties • 626-390-2544

GET MORE INFORMATION

Chris Kwon

Agent | License ID: 01918857

+1(949) 427-1101

3333 Michelson Drive Suite 300, Irvine, California, 92612, United States

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2359 E Villa ST