Listing provided courtesy of Ramiro Rivas of The Agency. Last updated 2024-11-15 09:11:46.000000. Listing information © 2024 Sandicor.

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Asking Price: $1,769,000

300 Washington, Pasadena CA

Community: 645 - Pasadena (NW)

This Commercial/Residential property was built in 1961 and is priced at $1,769,000. Please see the additional details below.

0 Sq Ft
0 bathrooms
0 bedrooms
MLS#: P1-19141
Type: Commercial/Residential
Year Built: 1961

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.

Call or Email Ever Eternity now to inquire about this property

858-688-4113

Information

Address:	1111 Prospect St, Suite 100 La Jolla CA 92037
Phone:	858-688-4113
E-mail:	Send a Message
DRE#:	01794847

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