CA > Pasadena
Pasadena, CA 91104,485 E Washington BLVD
Pasadena, CA 91104,485 E Washington BLVD
Pasadena, CA 91104,485 E Washington BLVD
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$5,195,000
Est. payment /mo
25 Beds
24 Baths
13,859 SqFt
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UPDATED:

11/01/2024 03:18 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,859 sqft

Price per Sqft $374

MLS Listing ID 24456721

Bedrooms 25

HOA Y/N No

Year Built 1948

Lot Size 0.878 Acres

Property Description

5% Cap Current Rents with this multifamily investment opportunity with significant UPSIDE! With a large lot of about 38,240 square feet there is great potential for ADU possibilities. With mostly ideal single-story floor plans offering a unit mix of One 3Bed+2bath, Three 2Bed+2bath and 16 spacious 1Bed+1bath units. Each unit is equipped with wall-mounted air conditioning and heating, a mix of tile and carpet flooring, and expansive kitchens with gas oven/stove combinations. The property is well-maintained, showcasing an open grass courtyard, mature landscaping, an on-site laundry facility, and ample off-street parking, including carport options. This bread and butter apartment property is a money maker and secure long-term investment play and excellent 1031 exchange opportunity.

Location

State CA

County Los Angeles

Area 646 - Pasadena (Ne)

Zoning PSR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Garage Carport, Uncovered

Total Parking Spaces 20

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5838040010

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Alexander Metaxas • Realty Investment Advisors, Inc.

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