739 E Villa St, Pasadena, CA 91101
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739 E Villa St Pasadena, CA 91101

$2,070,000 Sold Price as of 07/08/2022
  • 4 Beds
  • 3 Baths
  • 3,730 Sq.Ft.
Sold
$2,070,000 Sold Price as of 07/08/2022 Refinance Your Mortgage

Map preview of 739 E Villa St, Pasadena, CA 91101

Property Overview: 739 E Villa St Pasadena, CA has 4 bedrooms, 3 bathrooms, 3,730 living square feet and 8,246 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The property located at 739 E. Villa St. is rare opportunity for investors to acquire an attractive 4-unit apartment building in the highly desirable location in the City of Pasadena. Built in 1924 and maintained extremely well by the current owners, the building offers approx. 3,730sf and is situated on an 8,246sf lot. Each the units offer 1-bedroom and 1-bath, measuring approx. 935sf in size and each unit offers a large living and dining area, a decorative fireplace, gleaming wood floors, high-end built-in appliances in the kitchens including dishwashers, and an individual laundry room with a washer/dryer in each unit. The building offers numerous updates throughout including earthquake retrofitting, updated lighting and plumbing, ceiling fans, updated bathrooms, window a/c units and a tankless water heater in unit 743 are just a few. Each unit is separately metered for electricity and gas. Parking is provided by the individual detached garages in the back, which are easily accessed by the individual rear doors found in each unit. Well-built and full of charm throughout, and easy to maintain, the property is located just a block away from Lake Ave and within walking distance to myriad of shopping and other amenities on Lake Ave. It is within minutes from Old Town Pasadena, local shops such as The Paseo on Colorado, and many other amenities that Pasadena has to offer. The 210 Freeway and the 110 Freeway that connects to Downtown Los Angeles are both within proximity. 745 E. Villa St. is a 2-bed/1bath single home measuring approx.. 950sf. is also for sale and is located directly behind this property. Both escrows to close concurrently. Please see MLS#22108298

Listed by Luther Tsinoglou | BRE #01135433 | DPP
Last checked: 7 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 34

Home details

Lot Sq. Ft
8,246
HOA Dues
$0/mo
Year built
1924
Garage
4 Car
Property Type:
Apartment
Status
Sold
MLS#
AR22108014
City
Pasadena
County
Los Angeles
Time on Site
722 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $2,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $112,800
  • Net Operating Income: $98,536
  • Gross Operating Income: $109,416
Annual Expense Breakdown
  • Total Operating Expense: $10,880
  • Trash: $1,600
  • Gardener: $1,800
  • Insurance: $2,000
  • Water/Sewer: $3,500

Property Details for 739 E Villa St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage, Garage Faces Side, Shared Driveway
Lot Information
  • Lot Features: Front Yard, Level with Street, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5731017006
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: East of Lake Ave. on the North side
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 739 E Villa St

Last sold for $2,070,000 on July 8th, 2022
  • July, 2022

  • Jul 8, 2022

    Date

    Sold

    CRMLS: AR22108014

    $2,070,000

    Price

  • May 21, 2022

    Date

    Active

    CRMLS: AR22108014

    $2,195,000

    Price

  • July, 2019

  • Jul 10, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2019

  • Mar 13, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2018

  • Jun 1, 2018

    Date

    Sold

    CRMLS: 18315064

    $1,706,000

    Price

  • Mar 20, 2018

    Date

    Pending

    CRMLS: 18315064

    $1,495,000

    Price

  • Mar 9, 2018

    Date

    Active

    CRMLS: 18315064

    $1,495,000

    Price

  • Listing provided courtesy of CRMLS

    This property located in the heart of one of the most historic parts of Pasadena. There is so much to explore in the area inducing exclusive shops, restaurants, museums and the Rose Bowl Stadium. This 4 unit building is an investment opportunity you do not want to miss.

  • March, 2009

  • Mar 1, 2009

    Date

    Expired

    CRMLS: 12112320

    $869,000

    Price

  • Jun 27, 2008

    Date

    Active

    CRMLS: 12112320

    $868,000

    Price

  • Listing provided courtesy of CRMLS

    Circa 1924 Mediterranean Revival 4-plex in wonderful Pasadena location and on a very charming section of Villa. Each, very spacious, virtually identical one bedroom unit, features high ceilings, wood floors, seperate laundry rooms, and each with its own carport. May be ideal for investor, owner/user or two ++ owner purchase. Just minutes to Old Town, museums, and great restaurnats. Low rents. No rent control in the City of Pasadeana.

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Tax History for 739 E Villa St

Assessed Value (2020): $1,561,059
Year Land Value Improved Value Assessed Value
2020 $1,011,268 $549,791 $1,561,059

Home Value Compared to the Market

This property vs the competition

739 E Villa St sold on July 8, 2022 for 75.6% higher than the current median sold price for the city of Pasadena which is $1,250,000. The median sold price per/sqft for Pasadena is $763 and this home is sold at $588.47 per/sqft which puts the price per square foot 22.87% lower than the current median sale per square foot for the city of Pasadena.

About 739 E Villa St

Detailed summary of property

739 E Villa St is a apartment that recently sold in Pasadena, CA 91101. This apartment offered 4 bedrooms, 3 bathrooms, roughly 3,730 living square feet, and sits on an approximately 8,246 square foot lot. 739 E Villa St was first listed on ArdentRealEstateGroup.com on May 21, 2022. The homeowner sold the property for $2,070,000. Home in Pasadena are selling for a median price of $1,250,000 and a median price per square foot of $763. Based on Ardent Real Estate Group's Pasadena Market Data, this home is sold 75.6% higher than the current median priced home. Local homes that are currently for sale include 1927 Johnston St, 221 S Avenue 19 and 1818 N Broadway. While the average home in Pasadena, CA is selling in 57 days, 739 E Villa St has a days on market of 34 days. There are currently 258 homes for sale in the Pasadena real estate market and 155 of them are single family homes while 75 of them are condos and 28 are townhomes. For more information on this home for sale at 739 E Villa St Pasadena, CA 91101 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 739 E Villa St

Public county record property details
Beds
4
Baths
4
Year built
1924
Sq. Ft.
3,730
Lot Size
8,246
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5731-017-006

The source for these homes facts are from public records.

91101 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$750,000
Median List Price/Sq.Ft.
$707
Median Sold Price
$846,000
Median Sold Price/Sq.Ft.
$725
Total Inventory
45
Median Sale to List Price %
110.59%
Avg Days on Market
71
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (21.43%), Other (28.57%)

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Related Resources to 739 E Villa St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.