Residential Income – 1001 E Villa St, Pasadena, CA 91106, USA -001-11-30T00:00:00-08:00
1001 E Villa is a 37-unit garden style apartment investment opportunity located in the highly desirable City of Pasadena, CA. The Villa is an attractive three-story garden style community with that was built in 1963 with ±35,720 sq.ft building size and situ
1001 E Villa St, Pasadena, CA 91106, USA
$11,700,000 USD
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Address1001 East Villa Street, Pasadena
Price$11,700,000
Year Built1963
Bedrooms Total0
Living Area35,720 ft2
Lot Size (Sq.Ft.)38,293
Listing IDAR20056130
StatusPending
Parcel Number5732014046
ZoningPSR3
Special ConditionsStandard
Days on Market74

Detailed Description: 1001 E Villa is a 37-unit garden style apartment investment opportunity located in the highly desirable City of Pasadena, CA. The Villa is an attractive three-story garden style community with that was built in 1963 with ±35,720 sq.ft building size and situated on a ±38,293 sq.ft lot size. It has excellent curb appeal with mature trees in the front and a secured entrance. Walking into the courtyard area, tenants will enjoy a large and manicured courtyard that can be re-utilized as barbeque area, dog walking area, kids’play area and other amenities. Each unit is large and bright with excellent layout. Each unit is separately metered for electricity and gas. Each unit has windows A / C, wall heating, plenty of linen cabinets, original kitchen cabinets, tiled kitchen countertops, and original bathroom. Parking is provided by tuck-under parking in the back and the side, and a detached carport in the back. There is a total of 39 parking spaces with 9 garage spaces on the side, 13 tuck under parking in the back, 15 spaces in a detached carport, and 2 open spaces. The property is serviced by master water heaters. Laundry is provided through a shared laundry area. The property is separately metered for electricity and gas. Amenities including secured entrance and gated parking, large courtyard area, bike rack, and others.

Cooling
Fireplace
Laundry
Parking
Pool Private
Rent Control
Senior Community
Property Attached
Land Lease

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Address Information
Address1001 East Villa Street, Pasadena
Street PrefixEast
Street SuffixStreet
CityPasadena
Location (MLS Area)645 – Pasadena (NW)
County Or ParishLos Angeles
State or ProvinceCA
Postal Code91106
Postal Code Plus41061
CountryUS
Financial Information
Purchase Contract DateApril 28, 2020
Price per Square Foot$327.55
Price per Lot Square Foot$305.54
Special ConditionsStandard
Total Expenses$274,188
Tax Year2000
New Taxes Expense$135,943
Full Descriptions
Parcel Number5732014046
Detailed Description1001 E Villa is a 37-unit garden style apartment investment opportunity located in the highly desirable City of Pasadena, CA. The Villa is an attractive three-story garden style community with that was built in 1963 with ±35,720 sq.ft building size and situated on a ±38,293 sq.ft lot size. It has excellent curb appeal with mature trees in the front and a secured entrance. Walking into the courtyard area, tenants will enjoy a large and manicured courtyard that can be re-utilized as barbeque area, dog walking area, kids’play area and other amenities. Each unit is large and bright with excellent layout. Each unit is separately metered for electricity and gas. Each unit has windows A / C, wall heating, plenty of linen cabinets, original kitchen cabinets, tiled kitchen countertops, and original bathroom. Parking is provided by tuck-under parking in the back and the side, and a detached carport in the back. There is a total of 39 parking spaces with 9 garage spaces on the side, 13 tuck under parking in the back, 15 spaces in a detached carport, and 2 open spaces. The property is serviced by master water heaters. Laundry is provided through a shared laundry area. The property is separately metered for electricity and gas. Amenities including secured entrance and gated parking, large courtyard area, bike rack, and others.
Lot FeaturesLot 20000-39999 Sqft
Community FeaturesValley
Water SourcePublic
UtilitiesCable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Laundry FeaturesCommon Area
Heating DescriptionWall Furnace
Cooling DescriptionWall / Window Unit (s)
Parking FeaturesAttached Carport, Detached Carport
Sewer DescriptionPublic Sewer, Sewer Paid
Fireplace FeaturesNone
Common Walls Description2
Pool FeaturesNone
Property parameters
Year Built1963
Living Area (Sq.Ft.)35,720 ft2
Lot Size (Sq.Ft.)38,293
Lot Size (Acres)0.879
Lot Size SourceAssessor
Number of Buildings1
Number of Units Total37
ZoningPSR3
Stories Total3
Parking Spaces39
Garage Spaces10
LevelsThree Or More
Carport Spaces29
Water SourcePublic
Units Total37
Year Built SourceAssessor
Number of Separate Electric Meters38
Number of Separate Gas Meters38
Number of Separate Water Meters1
Listed withHandoko Chen (GIG Real Estate Inc.)
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