Listing Agent: Handoko Chen      Broker/Office: Growth Investment Group Pasade
1072 Villa Street E Pasadena CA 91106
$ 1,000,000
  2   |    1   |    948 Sq Feet

Listing ID

#AR25219837

Status

Active

Property Type

Single Family Residence

Property Style

Colonial

County

Los Angeles

Year Built

1922

Days on website

2

Description
Cute Spanish Colonial House near Old Town Pasadena, Large R4 zone CORNER lot, First Time for Sale since 1981, Garage parking with wraparound yard, perfect for ADU. It can be purchased together with 3 adjacent houses as a large development play.

A very attractive Spanish Colonial House style 2bedroom+1bathroom house near Lake Ave shopping area, and just minutes away from Old Town Pasadena, Pasadena City College, and CALTECH. It is ready for one lucky buyer that wants a good location house near the many amenities City of Pasadena has to offer. The property has an attractive curb appeal with a cute wraparound yard. It has original hardwood flooring throughout (tile in kitchen), a fireplace, bright living room area complete with through the wall A/C and ceiling fans, bright bedrooms with ceiling fans. It has a sizable kitchen with granite countertops and a small dining area, and a laundry room next to it. The laundry room leads to the yard area. This well-maintained cute Spanish Colonial style house has 948SF living space, was built in 1922 and sits on a 4993 SF R4 zone CORNER lot.

It has a 1 car garage parking and a driveway for 2nd car; the detached garage would be perfect for an ADU conversion. This house is tenant occupied and will be delivered with current tenancy in place. The area has excellent demographics of ±$120,347 average household income in a 1-mile radius. Perfect for first time homebuyer or a house flipper or a developer.

This house can be purchased together with the 3 adjacent houses: 445 N Wilson Ave (vacant), 459 N Wilson Ave (tenant occupied), and 1072 E Villa St as an assemblage for a future development potential (high density zone R4 – total 4 lots will allow up to 23-units – buyer to verify). The property is located just three blocks away from Lake Ave and within walking distance of myriads of shopping and other amenities on Lake Ave and Colorado Blvd. It is within minutes from Old Town Pasadena, Rose Bowl, The Paseo on Colorado, museums, theaters, entertainments, groceries, cafes, shops, and other fantastic amenities in Pasadena. The property has superb access to FWY 210 and 110 and offers an easy commute to additional employment centers of downtown Los Angeles and adjacent cities of Burbank and Glendale via 134 Freeway. It is minutes away from FWY 110 that connect to Downtown Los Angeles.
Location
Financial Information
List Price:  $ 1000000
Property Features
Community Features:  Suburban, Valley
Construction Materials:  Stucco
Electric:  Standard
Flooring:  Tile, Wood
Foundation Details:  Raised
High School District:  Pasadena Unified
Levels:  One
Lot Features:  Level
Parking Features:  Covered, Driveway, Garage
Road Surface Type:  Paved
Senior Community YN:  false
Structure Type:  House
Water Source:  Public
High School District:  Pasadena Unified
MLS Area Major:  645 - Pasadena (NW)
City:  Pasadena
Senior Community YN:  false
Listed By:   Handoko Chen   Growth Investment Group Pasade 
CA Lic#