Homes for sale - 1302 E Villa ST, Pasadena, CA 91106

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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$1,375,000

Est. payment - /mo

7 Beds

4 Baths

2,927 SqFt

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UPDATED:

01/14/2025 02:02 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,927 sqft

Price per Sqft $469

MLS Listing ID 24455327

Bedrooms 7

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1923

Lot Size 9,199 Sqft

Property Description

GET INTO YOUR NEW INVESTMENT WITH A LOWER PAYMENT! 1302 E Villa St, Pasadena, CA 91106 Now Only $1,375,000 REDUCED MONTHLY PAYMENTS WITH A SELLER BUY-DOWN! Your Opportunity Awaits: Seller is offering a rate buy-down option, reducing your interest rate from 7% to 5.125% for the first year or two! This can save you up to $900 per month on your payments! How Does This Work? Instead of overpaying for monthly interest, our seller buy-down puts money back in your pocket. It's like a 0% financing deal for your real estate investment. Forget hesitation your payments just got a lot more affordable. PROPERTY HIGHLIGHTS: * 3-Unit Multifamily Property: Single-family home + duplex each unit with private entrances.* $458,333/Unit: Incredible value in one of Pasadena's most sought-after areas.* 4.60% Cap Rate: Great income potential for investors.* Prime Location: Minutes from Old Town Pasadena, Rose Bowl, and top schools like Caltech.* Ample Parking: 7 spaces, including 3 garagesperfect for ADU conversions.* Flexible Tenancy: Month-to-month leases with potential for vacancy at COE.* Value-Add Potential: R6 Zoning redevelopment opportunities for savvy investors. LOCATION ADVANTAGES: Quiet, tree-lined street near the best of Pasadena shopping, dining, and entertainment.* Excellent access to the 110 and 210 Freeways for commuters.* Walking distance to public transportation and Pasadena's vibrant Colorado Boulevard. BUY WITH CONFIDENCE: No need to let today's rates hold you back. With this seller buy-down option, you can own this exceptional property without stretching your budget. Monthly savings go toward building equity, not just paying interest. Don't miss out on this rare opportunity to own a prime triplex in Pasadena with built-in affordability. Call or email Robyn Calvin at 310-751-8850/robynsellsla@gmail.com today for more details and to schedule a private tour!Your Dream Investment is Closer Than You Think. Let's Make It Happen!

Location

State CA

County Los Angeles

Area 646 - Pasadena (Ne)

Zoning PSR6

Interior

Heating Natural Gas

Cooling None

Fireplaces Type Living Room

Inclusions All appliances

Fireplace Yes

Appliance Gas Cooktop, Gas Oven, Oven

Laundry Common Area, Laundry Closet

Exterior

Parking Features Assigned, Door-Multi, Driveway, Garage

Garage Spaces 3.0

Garage Description 3.0

View Y/N No

View None

Porch Front Porch

Attached Garage No

Total Parking Spaces 3

Building

Lot Description Back Yard, Front Yard, Yard

Story 1

Entry Level One

Sewer Sewer Tap Paid

Water Public

Architectural Style Spanish

Level or Stories One

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 5739002047

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Listed by Robyn Calvin • Robyn Calvin

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

1302 E Villa ST Pasadena, CA 91106