NOT LISTED FOR SALE

302 E Villa St Pasadena, CA 91101

Northwest Pasadena Neighborhood
6 Beds
6 Baths
2,699 Sq Ft
7,101 Sq Ft Lot

Sale Details

Date Sold: April 20, 2015

Last sale price $595,000 $220 Per Sq Ft

15 Days on Market

About This Home

As of April 2015

PRICE JUST REDUCED TO $599,000! WE ARE PLEASED TO PRESENT FOR SALE 6 UNITS IN PASADENA.THE PROPERTY IS COMPRISED OF TWO SEPARATE STRUCTURES. THE FIRST MAIN STRUCTURE IS COMPRISED OF (ONE) 2 BEDROOM 1 BATH, (TWO) 1 BEDROOM 1 BATH, (ONE) STUDIO, AND (ONE) N/C 1 BEDROOM 1 BATH UNIT. THE SECOND STRUCTURE IS COMPRISED OF A DETACHED 1 BEDROOM 1 BATH UNIT. THE PROPERTY REQUIRES MAINTENANCE AND REPAIRS. PROPERTY IS TO BE SOLD "AS-IS". CASH BUYER'S PREFERRED. THE PROPERTY PRESENTS A GREAT OPPORTUNITY FOR AN INVESTOR TO ADD VALUE. PROPERTY IS IDEAL FOR SOMEONE WITH A CONTRACTOR OR CONSTRUCTION BACKGROUND. CURRENTLY THE RENTS OF THE PROPERTY ARE WELL UNDER-MARKET AND OFFER A NEW INVESTOR THE OPPORTUNITY TO INCREASE RENTS ABOUT 60% IN THIS NON-RENT CONTROLLED MARKET. WITH MARKET RENTS IN PLACE THE PROPERTY WILL ASCERTAIN A 8.43% CAP RATE AND AN 8.05 GRM.

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 03/09/2015

Last Buyer's Agent

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 03/09/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 7,101 Sq Ft Lot

Parking

  • 2 Car Garage
  • Driveway

Interior Spaces

  • 2,699 Sq Ft Home
  • 2-Story Property

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5725-031-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

7,101 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 2699
  • Stories: 2
  • Year Built: 1911
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 221.93

Exterior Features

  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Garage Structures: 1
  • Parking Garage: Driveway - Concrete
  • Total Parking: 4

Utilities

  • Water Expense: 3600.00

Fee Information

  • Gas Expense: 240.00
  • Insurance Expense: 2699.00
  • Maintenance Expense: 1734.00
  • Trash Expense: 2400.00

Lot Info

  • Assessed Improvement Value: 80602
  • Assessed Land Value: 195161
  • Assessor Parcel Number: 5725-031-005
  • Geocode Override: No
  • Lot Size Area: 7101

Rental Info

  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 13.40
  • Number Of Units: 6
  • Rent Control: 0
  • Type Of Units: apt

Tax Info

  • Tax Expense: 7598.00

MLS Schools

  • School District: Pasadena Unified
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/20/2015 04/20/15 Sold $595,000 -0.7% $220 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $599,000 -- $222 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,402 $715,088 $600,920 $114,168
2024 $8,908 $701,068 $589,138 $111,930
2023 $8,833 $687,323 $577,587 $109,736
2022 $8,545 $673,847 $566,262 $107,585
2021 $8,207 $660,635 $555,159 $105,476
2020 $7,810 $654,662 $549,467 $105,195
2019 $7,823 $641,843 $538,694 $103,149
2018 $7,910 $629,275 $528,132 $101,143
2016 $7,635 $604,073 $507,625 $96,448
2015 $4,022 $281,272 $199,060 $82,212
2014 $3,978 $275,763 $195,161 $80,602
Source: Public Records

Agents Affiliated with this Home

  • Shant Sherbetdjian

    Seller's Agent in 2015

    Shant Sherbetdjian

    RE/MAX

    (626) 657-8135

    1 in this area

    65 Total Sales

    Shant Sherbetdjian
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Map

Source: The MLS

MLS Number: 15-884637

The MLS
California Los Angeles County Pasadena 91101 Northwest Pasadena

302 E Villa St, Pasadena, CA

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The MLS © 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.
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