$1,765,000
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300 Washington Boulevard Pasadena, CA 91104
Mixed Use
Residence
Beds
Baths
...
Bed/Bath
4,600
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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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.
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MLS#
P1-19141
Property Type
Mixed Use
Year Built
1961
Square Feet
4,600
sq. ft
Lot Size
0.26
Stories
1.0
Sewer
Public Sewer
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