239 E Villa St - Apartments FOR SALE


Pasadena, CA 91101- Villa Parke
$3,675,000 USD
818-212-2756
239 E Villa St, Pasadena, CA for Sale
$3,675,000 USD
Apartments - FOR SALE
1/17
null | 5.54% Cap Rate

239 E Villa St
Pasadena, CA 91101
Villa Parke


HIGHLIGHTS

  • Corner Lot, approximately 19,334 square feet
  • Located a few blocks away from restaurants, shops, and entertainment on Colorado Boulevard
  • A few blocks away from Old Town Pasadena
  • Large Shared Yard
  • Laundry Room
  • The property is designated historic-eligible by the City of Pasadena. (Buyer to verify)

OVERVIEW

The Villas is a charming 12-unit apartment building located at 231 and 239 East Villa Street, Pasadena, CA 91101. The property was built in 1913 and is located on the northeast corner of East Villa Street and North Marengo Avenue. The lot is approximately 19,334 square feet. The Villas is located a few blocks away from restaurants, shops, and entertainment on Colorado Boulevard, and a few blocks away from Old Town Pasadena. The unit mix consists of 12 one-bedroom/one-bathroom units. There is a large shared yard. There is a laundry room, assigned parking spaces, 6 garages, and storage spaces. Some of the units have balconies, and some of the units have porches. The property is designated historic-eligible by the City of Pasadena. (Buyer to verify)

FOR SALE DETAILS

PRICE

$3,675,000 USD

PRICE/SF

$432 USD /SF

# OF UNITS

12

PRICE/UNIT

$306,250

CAP RATE

5.54%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Villas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1913

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,334 SF

ZONING

PSR1

APN/PARCEL ID

5725-017-001,5725-017-002

ASK ABOUT THIS PROPERTY

Gayle FactorMarcus & MillichapMore Info
818-212-2756

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Gayle FactorMarcus & MillichapMore Info
818-212-2756

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.