Listing provided courtesy of Alexander Metaxas of Realty Investment Advisors, Inc.. Last updated 2024-11-01 08:11:17.000000. Listing information © 2024 Sandicor.

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Asking Price: $5,195,000

485 Washington, Pasadena CA 91104

Community: 646 - Pasadena (NE)

This property was built in 1948 and is priced at $5,195,000. Please see the additional details below.

0 Sq Ft
0 bathrooms
0 bedrooms
MLS#: 24456721
Type:
Year Built: 1948

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.

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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