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Historic-Eligible Apartment Building
For Sale
$3,675,000

239 E Villa St, Pasadena, CA 91101

Twelve-unit apartment property with one-bedroom residences, shared outdoor space, parking, garages, and storage.

Property Size8,502 SF
Lot Size0.44 Acres
Price / SF$432.25
Days on Market39

Property Features for 239 E Villa St

General Information

Standard status Active
Size 8,502 SF
Lot size 0.44 Acres
Property subtype Multi-Family

Units

Unit Mix 12 x 1BR/1BA
Multifamily Units 12

Additional Details

Road Access Yes

Amenities

shared yard
laundry room
balconies
porches
storage spaces

Building Details

Year Built 1913
Buildings 1
Listing Agency:
Listed By: Accardo Real Estate Associates - AREA
Source: Naylorproperties
Added: Jul 22 Changed: Aug 28 Last Checked: Aug 29 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Accardo Real Estate Associates - AREA

Investment Insights

Based on property information with market context.

The Villas is an apartment property comprising 12 one-bedroom, one-bathroom residences within an 8,502-square-foot building constructed in 1913. The property occupies an approximately 19,334-square-foot lot and includes a shared yard, laundry room, assigned parking, six garages, and storage areas. Select residences feature balconies or porches.

Located at 231 and 239 East Villa Street at the northeast corner of East Villa Street and North Marengo Avenue in Pasadena, the property is a few blocks from Colorado Boulevard restaurants, shops, and entertainment, as well as Old Town Pasadena. The City of Pasadena designates the property as historic-eligible, subject to buyer verification.

Key Highlights

  • 12 one‑bedroom/one‑bathroom apartment units
  • 8,502‑square‑foot building on an approximately 19,334‑square‑foot lot
  • Constructed in 1913

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Veterinary Clinic Butcher (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,502
Businesses Nearby

Demographics for 91101, CA

20,583
Population
12,400
Households
1.7
Avg Household Size
38
Median Age
63%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
15,833
Density / Sq Mi
$94,180
Median Household Income
$62,458
Median Earnings
$2,282
Median Rent
$687,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Twelve-unit apartment property with one-bedroom residences, shared outdoor space, parking, garages, and storage.
Where is this apartment building located?
The property is located at 239 E Villa St Pasadena, CA.
What is the asking price?
The asking price for this property is $3,675,000.
What are key features of this property?
This property features: 12 one‑bedroom/one‑bathroom apartment units; 8,502‑square‑foot building on an approximately 19,334‑square‑foot lot; Constructed in 1913
More about this property
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