1135 E Villa St Pasadena, CA 91106

$470,000 Sold Price as of 10/01/2018

-- Beds
-- Baths
978 Sq.Ft.

Off Market

$470,000 Sold Price as of 10/01/2018 Refinance Your Mortgage

Map preview of 1135 E Villa St, Pasadena, CA 91106

Property Overview: 1135 E Villa St Pasadena, CA has -- bedrooms, -- bathrooms, 978 living square feet and 6,260 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1135 E Villa St is currently an off market home in the city of Pasadena. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Pasadena has a median list price of $1,250,000. The median price per/sqft for Pasadena is $756. With those numbers in mind, if you are looking to purchase a median priced home in Pasadena, CA and put 20% down you will need to save up $250,000 for the down payment and will need roughly $25,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Pasadena the commission could be as much as $60,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Pasadena Agent

Sale History for 1135 E Villa St

Last sold for $470,000 on October 1st, 2018

October, 2018
Oct 2, 2018

Date

Sold

CRMLS: P0-818003718

$470,000

Price
Aug 16, 2018

Date

Active Under Contract

CRMLS: P0-818003718

$549,000

Price
Jul 27, 2018

Date

Active

CRMLS: P0-818003718

$549,000

Price
Listing provided courtesy of CRMLS

Prime corner property at the intersection of Villa Street and Mar Vista Avenue, in between Lake & Hill Street, one block north of the 210 Freeway. Tremendous future development opportunity, currently structures on the property include a corner retail market and and 1BD-1BA residential unit. Residential unit has one additional bedroom which may not be permitted. (Please check with city for building permits).Current multi-tenant mixed use property with tremendous future development opportunity for multifamily residential. RM-32 Zoning with, possible 4 units can be developed at property. Please verify all uses and potential development possibilities with the City of Pasadena.HUGE RENTAL UPSIDE. Long term tenants currently occupying the property. Residential unit at the property is currently leased month to month while the commercial retail unit has 4 years remaining on the lease. Residential unit paying $600/mo and commercial unit paying $725/mo starting 9/1/2018 for a total annual income of $15,900 annually. Projected market rents with renovations to the residential unit could bring in $2,000 +/- per month for projected $32,700 annual gross income.

Continue Reading
October, 2018
Oct 2, 2018

Date

Sold

CRMLS: P0-818003713

$470,000

Price
Oct 2, 2018

Date

Pending

CRMLS: P0-818003713

$549,000

Price
Aug 16, 2018

Date

Active Under Contract

CRMLS: P0-818003713

$549,000

Price
Jul 27, 2018

Date

Active

CRMLS: P0-818003713

$549,000

Price
Listing provided courtesy of CRMLS

Prime corner property at the intersection of Villa Street and Mar Vista Avenue, in between Lake & Hill Street, one block north of the 210 Freeway. Tremendous future development opportunity, currently structures on the property include a corner retail market and and 1BD-1BA residential unit. Residential unit has one additional bedroom which may not be permitted. (Please check with city for building permits).Current multi-tenant mixed use property with tremendous future development opportunity for multifamily residential. RM-32 Zoning with, possible 4 units can be developed at property. Please verify all uses and potential development possibilities with the City of Pasadena.HUGE RENTAL UPSIDE. Long term tenants currently occupying the property. Residential unit at the property is currently leased month to month while the commercial retail unit has 4 years remaining on the lease. Residential unit paying $600/mo and commercial unit paying $725/mo starting 9/1/2018 for a total annual income of $15,900 annually. Projected market rents with renovations to the residential unit could bring in $2,000 +/- per month for projected $32,700 annual gross income.

Continue Reading
October, 2018
Oct 1, 2018

Date

Sold (Public Records)

Public Records

$470,000

Price
October, 2018
Oct 1, 2018

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1135 E Villa St

Assessed Value (2020): $479,400

Year	Land Value	Improved Value	Assessed Value
2020	$377,400	$102,000	$479,400

About 1135 E Villa St

Detailed summary of property

1135 E Villa St is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Pasadena, CA 91106 and last sold on October 1, 2018 for $470,000. This property has -- bedrooms, -- bathrooms, roughly 978 living square feet, and sits on an approximately 6,260 square foot lot. Homes in Pasadena are selling for a median price of $1,200,000 and a median price per square foot of $781. Based on Ardent Real Estate Group's Pasadena Market Data, this home is sold 60.83% lower than the current median priced home. 1135 E Villa St was last sold on October 1, 2018 for $470,000. Local nearby listings include 689 E Orange Grove Blvd, 708 N El Molino Ave and 121 S Wilson Ave #205. The average home in Pasadena, CA is selling in 57 days. There are currently 334 homes for sale in the Pasadena real estate market and 175 of them are single family homes while 122 of them are condos and 37 are townhomes. If you are the homeowner and looking to sell the home at 1135 E Villa St Pasadena, CA 91106 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 1135 E Villa St

Public county record property details

Beds: --
Baths: --
Year built: 1908
Sq. Ft.: 978
Lot Size: 6,260
Stories: 1

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 19
APN: 5732-010-030

The source for these homes facts are from public records.

91106 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$968,000

Median List Price/Sq.Ft.

$716

Median Sold Price

$850,000

Median Sold Price/Sq.Ft.

$753

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (27.27%), FHA (0%), VA (0%), Cash (50%), Other (18.18%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote