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$1,549,000
New Listing

2359 E Villa Street
Pasadena, CA 91107

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by Harout Khayalian of Lucent Properties 626-390-2544
Call Now: 951-501-1309
Is this the home for you? We can help make it yours.
951-501-1309
2359 E Villa Street2359 E Villa Street2359 E Villa Street2359 E Villa Street
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2359-2365 East Villa Street presents a unique opportunity for rental income with exciting development potential. The property is situated 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 room/storage, along with expansive open spaces for future enhancements. Pasadena has indicated the possibility of a lot split, potentially allowing via a variance the creation of two 50 ft. wide parcels, despite the usual 55 ft. street frontage zoning. This flexibility opens the door for an investor to explore remodeling the existing duplexes into single-family homes or starting fresh with new construction. Additional possibilities include adding ADUs and/or converting the garage into living space. With various options to enhance and maximize its value, this property allows investors to collect rental income during the planning phase. All development options mentioned, including lot splits, new home sites, ADUs, and/or conversions, would require city approval. However, with the right approach, this could be a highly rewarding investment opportunity.

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Listing Snapshot
Price 
$1,549,000
Days Online 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,486 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.31 Acres
Year Built 
1941
MLS® Number 
PF24160855
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 hours agoListing updated with changes from the MLS®
5 hours agoListing first seen online
General Features
Parking Spaces 
4
Sewer 
Public Sewer
Number of Stories 
1
Acreage 
0.31
Water 
Public
Property Sub Type 
Quadruplex
Garage Spaces 
4
Zoning 
PSR6
Listing Conditions 
Standard
Interior Features
Laundry Features 
None
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Exterior Features
Pool Features 
None
Lot 
Item25 Units Acre
Community Features
Community Features 
Street LightsSuburbanSidewalksUrban
Senior Community 
No
MLS Area 
646 - Pasadena (NE)


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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