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Description Open House Details Location Schools Recent Sales
$1,769,000 Est. $6,514 / mo.*

300 W Washington Boulevard Pasadena , CA

Property listed by The Agency, Ramiro Rivas {attribution_contact}

Description

Property Type: Mixed Use
Status: Active
Year Built: 1961
Neighborhood: Not Applicable
Days on Website: 78
This 5-unit, single-story apartment complex in Pasadena features two-bedroom, one-bathroom units, offering a total interior space of 4,600 square feet on an 11,116 square foot lot. Fully occupied on month-to-month leases, the property has special PSR1 zoning, allowing for institutional use. Current rents yield a 4% cap rate, with potential for a 6.7% market cap rate. The front unit includes a two-car garage, while the remaining units have attached covered carports. Each unit is equipped with separate electricity and gas meters. The property also benefits from its prime location near the Rose Bowl, Old Town Pasadena, freeways, public transportation, and schools. Drive-by only--please do not disturb tenants or enter the property.

Open House

Property Details and Features

Appliances & Equipment
GasRange
Refrigerator
Building
Built in 1961
Building area total:
4,600
Levels:
One
1 story
3 buildings
Common walls:
NoCommonWalls
Community
StreetLights
Sidewalks
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Tour This Home

Contact an Agent

Christopher Lechner

(562) 972-0388

Location

$1,769,000 -
300 W Washington Boulevard Pasadena , CA
Subdivision name: Not Applicable

Street View

Nearby Schools

Recent Sales in the Area