Homes for sale - 485 E Washington BLVD, Pasadena, CA 91104

Pasadena, CA 91104,485 E Washington BLVD

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Josh Gregorio

josh.gregoriorealestategroup@gmail.com +1(661) 447-5111

$ 5,195,000

Est. payment | -/mo

25 Beds

24 Baths

13,859 SqFt

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$ 5,195,000

Est. payment | -/mo

Save

25 Beds

24 Baths

13,859 SqFt

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

Parking Type 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

Listed by Alexander Metaxas • Realty Investment Advisors, Inc.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(661) 447-5111

josh.gregoriorealestategroup@gmail.com

3400 Calloway Dr Suite 700, Bakersfield, California, 93312, USA

485 E Washington BLVD Pasadena, CA 91104

Josh Gregorio

Key Details

Location

Interior

Exterior

Building

Others

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485 E Washington BLVD