NOT LISTED FOR SALE

713 E Villa St Pasadena, CA 91101

Northwest Pasadena Neighborhood

Estimated Value: $1,309,000 - $1,491,000

3 Beds
3 Baths
-- Sq Ft
10,750 Sq Ft Lot

Last Sold October 23, 2024

Last sale price $1,450,000

Est. 3% decrease in value since last sale

Current estimated payment $7,522/month

39 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • 2 Car Garage
  • Fireplace
  • Floor Furnace

About This Home

As of October 2024

709 E Villa St is a prime triplex income property in the heart of Pasadena, offering a workshop (321 sqft) and two-car garage (332 sqft) with potential for ADU conversion. The front unit #709 is (662 sqft) with 1 bed, 1 bath, living room, and kitchen with dining area, with a potential rental income of $2,500/month. The middle unit #711 is (693 sqft), also with 1 bed, 1 bath, and a laundry room, with potential income of $2,500/month. The back unit #713 is (830 sqft) with 1 bed, a den, living room, kitchen, and dining room, with potential income of $3,200/month. The property offers an excellent opportunity for owner-occupancy in one unit while renting out the others. Located minutes from Old Town Pasadena's dining, shopping, and cultural scene, with easy access to freeways and public transportation, this property is situated in a quiet neighborhood near parks, schools, and amenities. A fantastic investment in a strong rental market.

Last Agent to Sell the Property

Shanshan Lin

COMPASS License #01900299 Listed on: 09/09/2024

COMPASS

Co-Listed By

Vance Weisbruch

COMPASS License #01118869

Last Buyer's Agent

Unknown Member

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 10,750 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • Fireplace
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Floor Furnace
  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tax Lot 4622
  • Assessor Parcel Number 5731017010

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,000
  • Operating Expense $7,661
  • Gross Income $98,400
  • Net Operating Income $7,661

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable
  • View: No
  • Zoning: PSR1
  • Property Type: Residential Income
  • Parcel Number: 5731017010
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Water Heater, Gas Range, Gas Oven
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Washer Hookup

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10750.00
  • Lot Size Acres: 0.2468

Multi Family

  • Gross Income: 98400.00
  • Gross Scheduled Income: 98400.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 10750.0000 Square Feet
  • Net Operating Income: 7661.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 4
  • Operating Expense: 7661.00
  • Rent Control: Yes
  • Total Expenses: 7661.00

Tax Info

  • Tax Lot: 4622

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Oct 2, 2024
Sold by
Oakley Dallas D
Bought by
Oakley Linda L
Seller's Agent
Shanshan Lin
COMPASS
Buyer's Agent
Unknown Member
List Price
$1,488,000
Sold Price
$1,450,000
Premium/Discount to List
-$38,000
-2.55%
Views
35
Current Estimated Value
$1,409,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,453
Avg. Annual Appreciation
-2.39%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oakley Linda L -- Lawyers Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2024 10/23/24 Sold $1,450,000 -2.6% --
10/18/2024 10/18/24 Pending -- -- --
09/08/2024 09/08/24 For Sale $1,488,000 -- --
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $1,638 $1,450,000 $942,000 $508,000
2024 $1,638 $67,723 $22,087 $45,636
2023 $1,621 $66,396 $21,654 $44,742
2022 $1,579 $65,095 $21,230 $43,865
2021 $1,518 $63,819 $20,814 $43,005
2020 $1,485 $63,166 $20,601 $42,565
2019 $1,482 $61,929 $20,198 $41,731
2018 $1,386 $60,715 $19,802 $40,913
2016 $1,301 $58,359 $19,034 $39,325
2015 $1,284 $57,484 $18,749 $38,735
2014 $1,290 $56,359 $18,382 $37,977
Source: Public Records

Agents Affiliated with this Home

  • Shanshan Lin

    Seller's Agent in 2024

    Shanshan Lin

    COMPASS

    (626) 410-3578

    2 in this area

    78 Total Sales

    Shanshan Lin
    Section Image
  • Vance Weisbruch

    Seller Co-Listing Agent in 2024

    Vance Weisbruch

    COMPASS

    (626) 410-3578

    2 in this area

    66 Total Sales

    Vance Weisbruch
    Section Image

  • U

    Buyer's Agent in 2024

    Unknown Member

  • Richard Schulman

    Buyer Co-Listing Agent in 2024

    Richard Schulman

    Keller Williams Los Angeles

    (310) 482-0173

    2 in this area

    537 Total Sales

    Richard Schulman
    Section Image
  • Julie Bwarie

    Buyer Co-Listing Agent in 2024

    Julie Bwarie

    Keller Williams Los Angeles

    (818) 481-4444

    2 in this area

    45 Total Sales

    Julie Bwarie
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-19145

Pasadena-Foothills Association of REALTORS®

APN: 5731-017-010

California Los Angeles County Pasadena 91101 Northwest Pasadena

713 E Villa St, Pasadena, CA

Not Listed for Sale

MultiFamily

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