Seller's Agent in 2025
Alexander Metaxas
Realty Investment Advisors, Inc.
(626) 487-4300
1 in this area
38 Total Sales
1998 E Villa St Pasadena, CA 91107
Casa Grande Neighborhood
8
Beds
9
Baths
5,750
Sq Ft
9,417
Sq Ft Lot
Highlights
- Cooling System Mounted In Outer Wall Opening
- Laundry Room
- Forced Air Heating System
- Pasadena High School Rated A
- Tankless Water Heater
About This Home
As of February 20255.72% CAP, 12.07 GRM ! REMODELED UNITS, FULL COPPER PLUMBING, UPDATED ELECTRICAL, TANK-LESS WATER HEATERS, MINI-SPLIT & CENTRAL AC SYSTEMS, ROOFS UPDATED, A TON OF ATTENTION TO DETAIL IN REMODELS. NO Soft-Story Retrofit. We are pleased to present this 9-unit apartment that will yield a solid return for the new buyer. The property has been very thoughtfully updated offer modern comfort and convenience all while preserving the original character and charm that so many appreciate and seek out in a property. The unit mix consists of Three 2 Bed + 1 bath units; Two 1 Bed + 1 bath units and Four Studio + 1 bath units. Couple the retro and timeless look of this property with being surrounded by single family homes and it makes sense why it features high occupancy with high rents. There are currently six on-site, parking spaces and property is separately metered for gas and electricity. A well updated, meticulously managed by the ownership and still has upside growth and potential for a new owner make this an investment not to pass up. PLEASE DO NOT DISTURB THE TENANTS.
Last Agent to Sell the Property
Realty Investment Advisors, Inc. License #01784652 Listed on: 08/20/2024
Last Buyer's Agent
Alain Babaian
License #01890396
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1935 | Remodeled
Lot Details
- 9,417 Sq Ft Lot
Home Design
- Split Level Home
Interior Spaces
- 5,750 Sq Ft Home
- 2-Story Property
- Laundry Room
Kitchen
- Oven or Range
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- 9 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 7 Parking Spaces
- Driveway
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Heating System Mounted To A Wall or Window
- Tankless Water Heater
Listing and Financial Details
- Assessor Parcel Number 5745-002-037
Community Details
Overview
- 3 Buildings
- 9 Units
Building Details
- Rent Control
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/07/2025 02/07/25 | Sold | $2,888,000 | 0.0% | $502 / Sq Ft |
| 12/05/2024 12/05/24 | Pending | -- | -- | -- |
| 10/03/2024 10/03/24 | Price Changed | $2,888,000 | -3.7% | $502 / Sq Ft |
| 08/20/2024 08/20/24 | For Sale | $3,000,000 | +3.9% | $522 / Sq Ft |
| 08/19/2024 08/19/24 | Off Market | $2,888,000 | -- | -- |
| 07/10/2024 07/10/24 | For Sale | $3,000,000 | -- | $522 / Sq Ft |
Source: The MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $22,392 | $1,898,915 | $1,141,754 | $757,161 |
| 2024 | $22,392 | $1,861,682 | $1,119,367 | $742,315 |
| 2023 | $22,207 | $1,825,179 | $1,097,419 | $727,760 |
| 2022 | $21,460 | $1,789,392 | $1,075,901 | $713,491 |
| 2021 | $20,591 | $1,754,306 | $1,054,805 | $699,501 |
| 2019 | $19,839 | $1,702,724 | $1,023,520 | $679,204 |
| 2018 | $20,131 | $1,669,347 | $1,003,451 | $665,896 |
| 2016 | $22,765 | $1,898,517 | $852,810 | $1,045,707 |
| 2015 | $5,550 | $360,791 | $108,301 | $252,490 |
| 2014 | $5,508 | $353,725 | $106,180 | $247,545 |
Source: Public Records
Agents Affiliated with this Home
-
Alexander Metaxas
-
Benjamin Hsiang
Seller Co-Listing Agent in 2025
Benjamin Hsiang
Realty Investment Advisors, Inc.
(424) 377-6001
1 in this area
75 Total Sales
-
A
Buyer's Agent in 2025
Alain Babaian
Map
Source: The MLS
MLS Number: 24-413791
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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