1302 E Villa Street

Description

GET INTO YOUR NEW INVESTMENT WITH A LOWER PAYMENT! 1302 E Villa St, Pasadena, CA 91106 Now Only $1,375,000 REDUCED MONTHLY PAYMENTS WITH A SELLER BUY-DOWN! Your Opportunity Awaits: Seller is offering a rate buy-down option, reducing your interest rate from 7% to 5.125% for the first year or two! This can save you up to $900 per month on your payments! How Does This Work? Instead of overpaying for monthly interest, our seller buy-down puts money back in your pocket. It's like a 0% financing deal for your real estate investment. Forget hesitation your payments just got a lot more affordable. PROPERTY HIGHLIGHTS: * 3-Unit Multifamily Property: Single-family home + duplex each unit with private entrances.* $458,333/Unit: Incredible value in one of Pasadena's most sought-after areas.* 4.60% Cap Rate: Great income potential for investors.* Prime Location: Minutes from Old Town Pasadena, Rose Bowl, and top schools like Caltech.* Ample Parking: 7 spaces, including 3 garagesperfect for ADU conversions.* Flexible Tenancy: Month-to-month leases with potential for vacancy at COE.* Value-Add Potential: R6 Zoning redevelopment opportunities for savvy investors. LOCATION ADVANTAGES: Quiet, tree-lined street near the best of Pasadena shopping, dining, and entertainment.* Excellent access to the 110 and 210 Freeways for commuters.* Walking distance to public transportation and Pasadena's vibrant Colorado Boulevard. BUY WITH CONFIDENCE: No need to let today's rates hold you back. With this seller buy-down option, you can own this exceptional property without stretching your budget. Monthly savings go toward building equity, not just paying interest. Don't miss out on this rare opportunity to own a prime triplex in Pasadena with built-in affordability. Call or email Robyn Calvin at 310-751-8850/[email protected] today for more details and to schedule a private tour!Your Dream Investment is Closer Than You Think. Let's Make It Happen!

Listing information courtesy of: Robyn Calvin, Robyn Calvin 310-751-8850. *Based on information from the Association of REALTORS/Multiple Listing as of 01/08/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.