$1,449,000
2359 E Villa Street Pasadena, CA 91107
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$1,449,000
Est. payment /mo
4 Beds
2,486 SqFt
UPDATED:
10/17/2024 04:26 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,486 sqft
Price per Sqft $582
MLS Listing ID CRPF24160855
Bedrooms 4
HOA Y/N No
Year Built 1941
Lot Size 0.310 Acres
Acres 0.31
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 Listing
Zoning PSR6
Interior
Fireplace No
Laundry No Hookups
Exterior
Exterior Feature Other
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 5744020008
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Listed by Harout Khayalian • Lucent Properties
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122