683 E Villa Street, Pasadena, California 91101, Pasadena, 91101 - bed, bath
683 E Villa Street
Pasadena, California 91101
Property Price
SUMMARY
Analysis of 683 E Villa Street, Pasadena, California 91101 is currently available with a list price of $1,150,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Pasadena Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1951 and held by the same owner for 40 years, the property is aged and likely contains outdated kitchen and bathroom fixtures. While the units are functional and fully occupied, the listing and images suggest a lack of recent major renovations, potential deferred maintenance, and an absence of modern amenities such as central cooling, placing it firmly in the 'fair' category.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated just blocks from Old Town Pasadena, the property offers tenants exceptional access to premier shopping, dining, and transit hubs, ensuring high rental demand.
- Favorable Utility Setup
Units are separately metered for electricity and gas with individual water heaters, significantly reducing owner-paid operating expenses and simplifying management.
- Diverse Unit Mix
The inclusion of a three-bedroom unit alongside three one-bedroom units provides a versatile rental strategy that appeals to both small families and single professionals.
CONSRISKS & DEFICIENCIES
- Potential Deferred Maintenance
Built in 1951 and held by the same owner for four decades, the property likely requires significant capital improvements to modernize systems and interiors.
- Rent Control Constraints
Delivered fully occupied in a rent-stabilized jurisdiction, the ability to immediately reposition the asset to market-rate rents may be limited by local tenant protections.
- Lack of Modern Amenities
The absence of central cooling systems and on-site laundry facilities may hinder the property's ability to compete with newer or more recently renovated multi-family units.
About 683 E Villa Street
First time on market in 40 years! 683 E Villa, 4-unit property. Situated only a few blocks north of Old Town Pasadena. The unit mix is three (3) x 1bedroom+1bathroom and three (3)bedroom+1bathroom unit. The property was built in 1951, has a total of +/-2,512 square feet and is situated on a +/-6,504 square foot lot. Off-street carport parking. Each unit has individual water heaters and separately metered for electricity and gas. Delivered fully occupied.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1951
- Lot Size
- 6,504 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,512 | 2,204 | 80% |
| Lot Size | 6,504 | 11,998 | 40% |
| Price | $1.15M | $1.21M | 40% |
| Price per sq ft | $458 | $549 | 20% |
| Built year | 1951 | 1937 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 75 | 121 | 20% |
Pricing History
Listed for Sale
Dec 21, 2025
$1,150,000
Initial Listing