Pasadena, CA 91107 1998 E Villa Street

5.36% CAP, 12.70 GRM ON CURRENT RENTS!! REMODELED KITCHENS AND BATHROOMS, FULL COPPER PLUMBING, UPDATED ELECTRICAL, TANKLESS WATER HEATERS, MINI-SPLIT & CENTRAL AC SYSTEMS, WOOD FLOORS, NO Soft-Story Retrofit. We are pleased to present this 9-unit architectural gem of a property. The property has been very thoughtfully updated offer modern comfort and convenience all while preserving the original character and charm that so many appreciate and seek out in a property. The unit mix consists of Three 2 Bed + 1 bath units; Two 1 Bed + 1 bath units and Four Studio + 1 bath units. Couple the retro and timeless look of this property with being surrounded by single family homes and it makes sense why it features high occupancy with high rents. There are currently six on-site, parking spaces and property is separately metered for gas and electricity. A well updated, meticulously managed by the ownership and still has upside growth and potential for a new owner make this an investment not to pass up. PLEASE DO NOT DISTURB THE TENANTS.