627 E Villa Street, Pasadena, CA 91101

Investors looking for your next fix and flip project This fixer upper awaits This contractor special property is being sold in asis condition and in need of TLC Major repairs and upgrades needed but high ARV potential Property comes with a brand new foundation 85135 spent via licensed contractor and receipts to show Plans have been submitted to city for permits that includes ADU conversion Historic Preservation Evaluation committee has ruled that the property is not a designated historic property ADU has already received separate address Permits to begin work should be approved shortly To maximize your investment convert garage to ADU to dramatically increase the value on this Pasadena property situated in a perfect neighborhood Cash or hard money only

Are you looking for an investment property? Wondering what a property like this might rent for in this market? Here is an estimate of what this property will rent for per month.

It is important to conduct thorough market research, property inspection, and evaluation of potential expenses and risks before investing in any property. Real estate investments carry inherent risks, and it is essential to consult with professionals such as real estate agents, property managers, and financial advisors to make informed decisions. This estimate is a starting point in determining the monthly rental price for a specific property. Rental restrictions may apply for this home. It is the buyer's obligation to verify rental availability and details.

The rental real estate market outlook for 91101, also known as Pasadena in California, appears to be quite promising. With its prime location near Los Angeles and its vibrant cultural scene, Pasadena has become a highly sought-after area for renters. The city's strong job market, diverse economy, and renowned educational institutions further contribute to its popularity. Additionally, the historical charm and well-maintained properties in 91101 attract a variety of renters, including young professionals, families, and students. As demand for rental properties continues to rise, investors and landlords can potentially benefit from stable rental yields and long-term appreciation. However, it is essential to note that rental prices have also been experiencing steady growth, which may pose affordability challenges for some residents. Nonetheless, with the overall positive economic factors, the rental real estate market in 91101 is expected to remain robust in the foreseeable future.

Designed for employers who want to offer a benefit to their employees whether they are buying or selling within a home market, relocating to or from a home market, or between two locations outside the home market.