Property Details
About this Property
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.
MLS Listing Information
MLS #
CRP1-19141
MLS Source
California Regional MLS
Days on Site
77
Interior Features
Appliances
Oven Range - Gas, Refrigerator
Laundry
None
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Carport, Garage, Garage: 2 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Ramiro Rivas
The Agency
License #: 01406511
Phone: (626) 497-4606
Co-Listing Agent
Erica Rivas
The Agency
License #: 01788685
Phone: (818) 257-1054
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 5 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
300 W Washington Bld is a Residential Income in Pasadena, CA . This – square foot property sits on a 11,119 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,769,000 and was built in 1961. This address can also be written as 300 W Washington Bld, Pasadena, CA .
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This listing information is up-to-date as of September 06, 2024. For the most current information, please contact Ramiro Rivas, (626) 497-4606
